<PAGE>
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
______________________
SCHEDULE 14D-1
(AMENDMENT NO. 15)
AND
SCHEDULE 13D
(AMENDMENT NO. 16)
TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
____________________
WLR FOODS, INC.
(Name of Subject Company)
____________________
WLR ACQUISITION CORP.
(Bidder)
____________________
Common Stock, no par value
(Title of Class of Securities)
____________________
929286 10 2
(CUSIP Number of Class of Securities)
____________________
James B. Blair
Tyson Foods, Inc.
2210 West Oaklawn Drive
Springdale, Arkansas 72762-6999
Telephone Number (501) 290-4000
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications on Behalf of Bidders)
Copies to:
Leslie A. Grandis, Esq. Lawrence Lederman, Esq.
McGuire, Woods, Battle & Boothe Michael W. Goroff, Esq.
One James Center Milbank, Tweed, Hadley & McCloy
901 East Cary Street 1 Chase Manhattan Plaza
Richmond, Virginia 23219 New York, New York 10005
Telephone: (804) 775-4322 Telephone: (212) 530-5000
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CUSIP No. 929286 10 2 14D-1
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
TYSON FOODS, INC.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (A) / /
(B) /x/
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC, BK
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(e) OR 2(f) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
600,063 COMMON SHARES
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8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS) / /
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9 % OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
5.37%
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10 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
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CUSIP No. 929286 10 2 14D-1
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
WLR ACQUISITION CORP.
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (A) / /
(B) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
BK
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(e) OR 2(f) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- -------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
600,000 COMMON SHARES
- -------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS) / /
- -------------------------------------------------------------------------------
9 % OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
5.37%
- -------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
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CUSIP No. 929286 10 2 14D-1
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
TYSON LIMITED PARTNERSHIP
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (A) / /
(B) /X/
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3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
NOT APPLICABLE
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(e) OR 2(f) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- -------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
600,063 COMMON SHARES
- -------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS) / /
- -------------------------------------------------------------------------------
9 % OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
5.37%
- -------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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<PAGE>
CUSIP No. 929286 10 2 14D-1
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
MR. DON TYSON
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE
INSTRUCTIONS) (A) / /
(B) /X/
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3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
NOT APPLICABLE
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(e) OR 2(f) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
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7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
600,063 COMMON SHARES
- -------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS) / /
- -------------------------------------------------------------------------------
9 % OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
5.37%
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10 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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<PAGE>
This Statement constitutes Amendment No. 15 to the Statement on
Schedule 14D-1, dated March 9, 1994, as amended, filed by WLR Acquisition
Corp., a Delaware corporation (the "Purchaser"), and a wholly-owned subsidiary
of Tyson Foods, Inc., a Delaware corporation ("Tyson"), and Tyson, relating to
the offer by the Purchaser to purchase all outstanding shares of Common Stock,
no par value (the "Shares"), of WLR Foods, Inc., a Virginia corporation (the
"Company"), at a price of $30.00 per share, net to the seller in cash, upon the
terms and subject to the conditions set forth in the Offer to Purchase, dated
March 9, 1994 (the "Offer to Purchase") and in the related Letter of
Transmittal.
This Statement also constitutes Amendment No. 16 to the Statement on
Schedule 13D, dated March 4, 1994, as amended, filed by the Purchaser, Tyson,
Tyson Limited Partnership and Mr. Don Tyson, relating to their beneficial
ownership of Shares.
1. Item 11 is hereby amended to add the following:
ITEM 11. MATERIAL TO BE FILED AS EXHIBITS.
99.37 -- Tyson Foods, Inc. Press Release, dated May 19, 1994.
99.38 -- Form of Newspaper Advertisement to be run May 20, 1994.
6
<PAGE>
SIGNATURE
After due inquiry and to the best of their knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
WLR ACQUISITION CORP.
By /s/ James B. Blair
--------------------------------
Name: James B. Blair
Title: President
Dated: May 20, 1994
TYSON FOODS, INC.
By /s/ Gerald Johnston
--------------------------------
Name: Gerald Johnston
Title: Executive Vice President,
Finance
Dated: May 20, 1994
7
<PAGE>
EXHIBIT INDEX
Exhibit Page No.
- ------- -------
99.37 Tyson Foods, Inc. Press Release, dated May 19, 1994.
99.38 Form of Newspaper Advertisement to be run May 20, 1994.
8
<PAGE>
[TYSON LETTERHEAD]
NEWS RELEASE
------------
SPRINGDALE, ARKANSAS (MAY 19, 1994) - In a continuing effort to encourage
the Board of Directors of WLR Foods (NASDAQ:WLRF) to negotiate a merger of
the two companies, Tyson Foods, Inc. (NASDAQ:TYSNA) Chairman Don Tyson today
transmitted the attached letter to WLR President and CEO James Keeler.
For further information, contact Tyson's Director of Media, Public and
Governmental Affairs, Archie Schaffer, III at 501-290-7232.
-30-
[LOGO]
<PAGE>
[TYSON LETTERHEAD]
May 19, 1994
James L. Keeler
WLR Foods, Inc.
P.O. Box 7000
Broadway, VA 22815-7000
Dear Jim:
Frankly, I was surprised yesterday when you said during our telephone call that
you could not think of anything to show me that would demonstrate why WLR is
worth more than our offer. Your letter today is also disappointing.
We do not desire any competitive information but we see no reason to offer
more than $30 per share based on the publicly available information. You and
your directors have refused to provide us with your investment bankers'
analysis as to why our offer is inadequate or why your new term "lowball" is at
all appropriate. If you have any financial information or non-competitive data
that would demonstrate a higher value for WLR, I urge you again to share it
with us before the Special Meeting on Saturday.
By continuing to hide behind your multitude of artificial roadblocks you are
refusing to give your shareholders a "full and fair" opportunity to consider
our offer. You and the Board currently have the power to truly let your
shareholders make their own decision on our offer. Remove your poison pill and
vote as a board to give us voting rights if we receive tenders for more than
50% of WLR's shares. Then and only then will we be able to determine if your
shareholders want to accept or reject our offer.
Your shareholders, employees and growers would benefit greatly from a
combination of our two companies. However, if we terminate our offer and you
embark on a leveraged buyback plan to ease the tremendous selling pressure sure
to be on your stock, you will be sacrificing WLR's future potential. This
week's major selloff in WLR stock may only be a sign of things to come.
Clearly many of your shareholders, some of whom will most likely vote for you
this Saturday, are hoping for a tax free alternative which we have expressed
a total willingness to negotiate with you repeatedly. Our offer to meet at any
time and any place between now and the meeting stands.
We too look forward to meeting with you and our fellow WLR shareholders
Saturday.
Sincerely,
Don Tyson
Chairman
[LOGO]
<PAGE>
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WE'VE INVITED THE WLR BRANDS TO
JOIN OUR FAMILY.
THEY'LL BE IN GOOD COMPANY.
Tyson Foods, Inc. is the single most successful and respected marketer of
poultry products in the world. We currently produce more than 6,000 quality
food products and line extensions in 66 plants throughout the USA. And our
family of brands includes some of the most respected names in the food
business today.
------------------------------------------------------------------------
[Tyson logo] [Tyson/Holly Farms logo] [Tastybird logo]
[Louis Kemp Seafood Co. logo] [Arctic Ice logo] [Weaver logo]
[Henry House logo] [Tyson/Mexican Original logo] [The letters
"WLR" in a
circle]
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Tyson has succeeded as a company because the people who make up our company
have succeeded in their roles. Approximately 60% of Tyson stock is owned by
the men and women who work for our company. In fact, each week 24,000 of the
50,000 Tyson team members invest a portion of their earnings in their
company-because they believe in the company, the quality of our products, and
our ability to market them successfully.
Many of those men and women who currently invest in Tyson-and most of the
brands that make up the Tyson family-joined our company through mergers and
acquisitions. Without exception, they're better off today than they were before
they became part of the Tyson family. If the same wasn't true of the people
and brands of WLR, we wouldn't be trying so hard to put these two great
companies together.
[TYSON LOGO]
1-800-643-3410
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