UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14D-9
(Amendment No. 1)
SOLICITATION/RECOMMENDATION STATEMENT
UNDER SECTION 14(d)(4) OF THE SECURITIES EXCHANGE ACT OF 1934
BREEZE-EASTERN CORPORATION
(Name of Subject Company)
BREEZE-EASTERN CORPORATION
(Name of Persons Filing Statement)
Common Stock, Par Value $0.01 Per Share
(Title of Class of Securities)
106764103
(CUSIP Number of Class of Securities)
Mark M. McMillin
General Counsel and Corporate Secretary
Breeze-Eastern Corporation
35 Melanie Lane
Whippany, New Jersey, 07981
Telephone: (973) 602-1001
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of the Person Filing Statement)
COPIES TO:
Mitchell S. Presser, Esq.
Doug Bacon, Esq.
Freshfields Bruckhaus Deringer US LLP
601 Lexington Avenue
New York, NY 10022
(212) 277-4000
¨ | Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. |
Purpose of Amendment
This Amendment No. 1 (this Amendment) amends and supplements the Solicitation/Recommendation Statement on Schedule 14D-9 (the Schedule 14D-9) of Breeze-Eastern Corporation, a Delaware corporation (the Company), filed with the Securities and Exchange Commission (the SEC) on December 3, 2015. The Schedule 14D-9 relates to the tender offer by Hook Acquisition Sub Inc., a Delaware corporation (Purchaser) and an indirect wholly owned subsidiary of TransDigm Group Incorporated, a Delaware corporation (Parent), made pursuant to the Agreement and Plan of Merger, dated as of November 18, 2015, by and among Parent, Purchaser and the Company (as it may be amended or supplemented from time to time), to purchase all of the issued and outstanding shares of common stock, par value $0.01 per share, of the Company (the Company Shares) at a purchase price of $19.61 per Company Share, net to the seller thereof in cash, subject to withholding of taxes and without interest, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated December 3, 2015 (as amended or supplemented from time to time, the Offer to Purchase), and in the related Letter of Transmittal (which, together with the Offer to Purchase, as each may be amended or supplemented from time to time, constitute the Offer). The Offer is described in the Tender Offer Statement on Schedule TO (as amended or supplemented from time to time, the Schedule TO) filed by Parent and Purchaser with the SEC on December 3, 2015.
Except as otherwise set forth below, the information set forth in the Schedule 14D-9 remains unchanged and is incorporated by reference as relevant to the items in this Amendment. Capitalized terms used and not defined herein shall have the meanings assigned to such terms in the Schedule 14D-9. This Amendment is being filed to reflect certain updates as reflected below.
Item 8. Additional Information.
Item 8 of the Schedule 14D-9 is hereby amended and supplemented by adding the following paragraph at the end thereof:
The required waiting period under the HSR Act expired at 11:59 p.m., New York City time, on December 9, 2015. On December 7, 2015, the FCO cleared the Offer and the Merger under the ARC. Accordingly, the Offer Condition relating to the expiration or termination of the HSR Act waiting period and obtaining other required regulatory approvals has been satisfied. The Offer remains subject to other conditions set forth in the Offer to Purchase.
2
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.
Breeze-Eastern Corporation | ||||||
By: | /s/ Serge Dupuis | |||||
Name: Serge Dupuis | ||||||
Title: Chief Financial Officer and Treasurer |
Dated: December 10, 2015