-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LTiRDmhJfaLT2oFsvskenEfpVVbfTyFHqY0yd4l9i/h/lXYAXY2lCoJsWZc1Mw2D i/hpXhLmGorEJBgmKwz//Q== 0001193125-07-231237.txt : 20071031 0001193125-07-231237.hdr.sgml : 20071030 20071031170741 ACCESSION NUMBER: 0001193125-07-231237 CONFORMED SUBMISSION TYPE: SC TO-T/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20071031 DATE AS OF CHANGE: 20071031 GROUP MEMBERS: DANAHER CORPORATION SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TEKTRONIX INC CENTRAL INDEX KEY: 0000096879 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 930343990 STATE OF INCORPORATION: OR FISCAL YEAR END: 0528 FILING VALUES: FORM TYPE: SC TO-T/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-10548 FILM NUMBER: 071203613 BUSINESS ADDRESS: STREET 1: 14200 SW KARL BRAUN DRIVE CITY: BEAVERTON STATE: OR ZIP: 97077 BUSINESS PHONE: 503-627-7111 MAIL ADDRESS: STREET 1: P O BOX 500 CITY: BEAVERTON STATE: OR ZIP: 97077-0001 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Raven Acquisition Corp. CENTRAL INDEX KEY: 0001415207 IRS NUMBER: 261218896 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-T/A BUSINESS ADDRESS: STREET 1: C/O DANAHER CORPORATION CITY: 2099 PENNSYLVANIA AVE, N.W. STATE: DC ZIP: 20006 BUSINESS PHONE: (202) 419-7642 MAIL ADDRESS: STREET 1: C/O DANAHER CORPORATION CITY: 2099 PENNSYLVANIA AVE, N.W. STATE: DC ZIP: 20006 SC TO-T/A 1 dsctota.htm AMENDMENT NO. 3 TO SCHEDULE TO Amendment No. 3 to Schedule TO

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 


 

SCHEDULE TO

(Amendment No. 3)

TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)

OF THE SECURITIES EXCHANGE ACT OF 1934

 


TEKTRONIX, INC.

(Name of Subject Company)

RAVEN ACQUISITION CORP.

an indirect wholly owned subsidiary of

DANAHER CORPORATION

(Name of Filing Person—Offeror)

 


Common Shares, without par value

(including the Associated Series B No Par Preferred Shares Purchase Rights)

(Title of Class of Securities)

879131 10

(CUSIP Number of Class of Securities)

 


Daniel L. Comas

Executive Vice President and Chief Financial Officer

Danaher Corporation

2099 Pennsylvania Avenue, NW

12th Floor

Washington, DC 20006

(202) 828-0850

(Name, Address and Telephone Number of Person Authorized

to Receive Notices and Communications on Behalf of Filing Persons)

Copy to:

Trevor S. Norwitz, Esq.

Wachtell, Lipton, Rosen & Katz

51 West 52nd Street

New York, NY 10019

Telephone: (212) 403-1000

 


CALCULATION OF FILING FEE


Transaction Valuation*   Amount of Filing Fee**
$2,937,223,003.26   $90,172.75

* Estimated solely for purposes of calculating amount of the filing fee in accordance with Rule 0-11 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The transaction value was calculated by multiplying the tender offer price of $38.00 per share by the number of shares of common stock, without par value, of Tektronix, Inc. (“Shares”) outstanding on a fully diluted basis to be acquired in the tender offer as of October 12, 2007, based upon representations by Tektronix, Inc. in the Agreement and Plan of Merger dated as of October 14, 2007 (the “Merger Agreement”), among Tektronix, Inc., Danaher Corporation and Raven Acquisition Corp., consisting of (a) 75,084,510 Shares issued and outstanding, (b) 2,176,340 shares subject to outstanding company stock options and (c) 34,492 Shares subject to outstanding Company restricted stock units.
** The amount of the filing fee is calculated in accordance with Rule 0-11 of the Exchange Act by multiplying the transaction valuation by 0.00003070.

 

x Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

Amount Previously Paid: $90,172.75

Form or Registration No.: Schedule TO

Filing Party: Raven Acquisition Corp. and Danaher Corporation

Date Filed: October 18, 2007

¨ Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. Check the appropriate boxes below to designate any transactions to which the statement relates:

 

  x third-party tender offer subject to Rule 14d-1.

 

  ¨ issuer tender offer subject to Rule 13e-4.

 

  ¨ going-private transaction subject to Rule 13e-3.

 

  ¨ amendment to Schedule 13D under Rule 13d-2. Check the following box if the filing is a final amendment reporting the results of the tender offer: ¨

 



This Amendment No. 3 (“Amendment No. 3”) amends and supplements the Tender Offer Statement on Schedule TO, as amended, (the “Schedule TO”), originally filed with the Securities and Exchange Commission on October 18, 2007 by Danaher Corporation, a Delaware corporation (“Danaher”), and Raven Acquisition Corp., an Oregon corporation and an indirect wholly owned subsidiary of Danaher (the “Purchaser”). The Schedule TO relates to the offer by the Purchaser to purchase all outstanding shares of common stock, without par value, including associated Series B No Par Preferred Shares Purchase Rights (the “Shares”), of Tektronix, Inc., an Oregon corporation (“Tektronix”), at $38.00 per Share, net to the seller in cash, without interest thereon, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated October 18, 2007 and as amended (the “Offer to Purchase”) and the related Letter of Transmittal, attached to the Schedule TO as Exhibit (a)(1) and Exhibit (a)(2), respectively.

Capitalized terms used and not defined herein shall have the meanings assigned such terms in the Offer to Purchase and Schedule TO.

Item 11. Additional Information.

Item 11 of the Schedule TO is hereby amended and supplemented by adding the following text thereto:

“As previously indicated, a Premerger Notification and Report Form under the HSR Act was filed on October 15, 2007 with the FTC and the Antitrust Division in connection with the purchase of Shares in the Offer and the Merger. The required waiting period with respect to the Offer and the Merger expired at 11:59 p.m., New York City time, on October 30, 2007. A copy of the joint press release issued by Danaher and Tektronix announcing expiration of the HSR Act waiting period is attached hereto as Exhibit (a)(11) and is incorporated into this Schedule TO by reference.”

Item 12. Exhibits.

Item 12 of the Schedule TO is hereby amended and supplemented by adding the following text thereto:

 

(a)(11)   Text of joint press release issued by Danaher and Tektronix announcing expiration of HSR waiting period, dated October 31, 2007

 


SIGNATURE

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: October 31, 2007

 

DANAHER CORPORATION
By:    /s/ Daniel L. Comas        
Name:    Daniel L. Comas

Title:

   Executive Vice President and
Chief Financial Officer
  

RAVEN ACQUISITION CORP.

By:    /s/ Daniel L. Comas        
Name:    Daniel L. Comas        
Title:    President

 


EXHIBIT INDEX

 

(a)(1)    Offer to Purchase, dated October 18, 2007.*
(a)(2)    Form of Letter of Transmittal.*
(a)(3)    Form of Notice of Guaranteed Delivery.*
(a)(4)    Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.*
(a)(5)    Form of Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.*
(a)(6)    Text of press release issued by Danaher dated October 15, 2007.*
(a)(7)    Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9.*
(a)(8)    Form of summary advertisement dated October 18, 2007.*
(a)(9)    Form of Letter to Participants in the Tektronix, Inc. 401(k) Plan and Instruction Form*
(a)(10)    Form of Letter to Participants in the Tektronix, Inc. Employee Stock Purchase Plan*
(a)(11)    Text of joint press release issued by Danaher and Tektronix announcing expiration of HSR waiting period, dated October 31, 2007
(b)    None.*
(d)(1)    Agreement and Plan of Merger, dated as of October 14, 2007, between Danaher Corporation, Raven Acquisition Corp. and Tektronix, Inc.*
(d)(2)    Confidentiality Agreement, dated as of September 3, 2007, between Danaher Corporation and Tektronix, Inc.*
(g)    None.
(h)    Not applicable.

 

* Previously filed
EX-99.(A)(11) 2 dex99a11.htm TEXT OF JOINT PRESS RELEASE ISSUED BY DANAHER AND TEKTRONIX, INC. Text of joint press release issued by Danaher and Tektronix, Inc.

Exhibit (a)(11)

Danaher and Tektronix Announce Expiration of HSR Act Waiting Period In Connection With Tender Offer

Washington, D.C. and Beaverton, OR, October 31, 2007 – Danaher Corporation (NYSE: DHR) and Tektronix, Inc. (NYSE: TEK) jointly announced today the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, applicable to the tender offer by an indirect wholly owned subsidiary of Danaher for all of the outstanding shares of common stock of Tektronix at a price of $38.00 per share.

As previously announced, Danaher’s tender offer for Tektronix is currently scheduled to expire at 11:59 PM New York City time on Thursday, November 15, 2007. The offer remains subject to customary conditions, including other regulatory approvals, tender of a majority of Tektronix shares into the offer, and the absence of a material adverse effect with respect to Tektronix.

About Danaher

Danaher Corporation is a leading manufacturer of Professional Instrumentation, Medical Technologies, Industrial Technologies and Tools and Components www.danaher.com.

About Tektronix

Tektronix is a leading supplier of test, measurement, and monitoring products, solutions and services for the communications, computer, consumer electronics, and education industries — as well as military/aerospace, semiconductor, and a broad range of other industries worldwide. With 60 years of experience, Tektronix enables its customers to design, build, deploy, and manage next-generation global communications networks, computing and advanced technologies. Headquartered in Beaverton, Oregon, Tektronix has operations in 19 countries worldwide. Tektronix’s Web address is www.tektronix.com.

The description contained herein is neither an offer to purchase nor a solicitation of an offer to sell shares of Tektronix. Securityholders of Tektronix are urged to read the tender offer statement on Schedule TO, letter of transmittal and other materials relating to the tender offer filed with the SEC by Danaher Corporation and its indirect wholly owned subsidiary, Raven Acquisition Corp., as these materials contain important information, including the various terms of, and conditions to, the tender offer. Securityholders should also read the Solicitation/Recommendation Statement on Schedule 14D-9 and related materials filed with the SEC by Tektronix. Securityholders can obtain a copy of the tender offer statement on Schedule TO, letter of transmittal and other related materials as well as the Tektronix Solicitation/Recommendation Statement on Schedule 14D-9 free of charge from the SEC’s Edgar Database, which can be accessed through the SEC’s Internet site (http://www.sec.gov), or from the information agent for the tender offer, MacKenzie Partners, Inc., by calling (800) 322-2885 (call toll-free). We urge Tektronix securityholders to carefully read those materials prior to making any decision with respect to the tender offer.

Statements in this document that are not strictly historical, including statements regarding the proposed acquisition of Tektronix, may constitute forward looking statements. There


are a number of risks and uncertainties that could cause actual results or events to differ materially from those suggested or indicated by such forward looking statements, including: conditions affecting the industries in which Tektronix operates; the uncertainty of regulatory approvals; the parties’ ability to satisfy the tender offer and merger agreement conditions and consummate the transaction; and the other factors described in Danaher’s Annual Report on Form 10-K for the year ended December 31, 2006, Tektronix’s Annual Report on Form 10-K for the year ended May 26, 2007 and other SEC filings of Danaher and Tektronix. These forward looking statements speak only as of the date of this release and neither Danaher nor Tektronix intends to update any forward looking statement except as required by law.

Please contact:

 

 

 

 

Danaher contact:

Andy Wilson

Vice President, Investor Relations

Danaher Corporation

202 828-0850

 

Tektronix contact:

Paul Oldham

VP Treasurer and Investor Relations

Tektronix, Inc.

503 627-4027

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