<PAGE>
===============================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
______________________
SCHEDULE 14D-1
(AMENDMENT NO. 12)
AND
SCHEDULE 13D
(AMENDMENT NO. 13)
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
- -------------------------------------------------------------------------------
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) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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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) / /
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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
- -------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------
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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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/
- -------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------
<PAGE>
This Statement constitutes Amendment No. 12 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. 13 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.
(a) 99.32 -- Letter to Shareholders of WLR Foods, Inc.
from Tyson Foods, Inc., dated May 12, 1994.
99.33 -- Tyson Foods, Inc. Press Release, dated
May 12, 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 12, 1994
TYSON FOODS, INC.
By /s/ Gerald Johnston
--------------------------------
Name: Gerald Johnston
Title: Executive Vice President,
Finance
Dated: May 12, 1994
7
<PAGE>
EXHIBIT INDEX
Exhibit Page No.
- ------- -------
99.32 Letter to Shareholders of WLR Foods, Inc.
from Tyson Foods, Inc., dated May 12, 1994.
99.33 Tyson Foods, Inc. Press Release, dated
May 12, 1994.
8
<PAGE>
[TYSON LETTERHEAD]
May 12, 1994
THIS IS YOUR FINAL OPPORTUNITY TO SEND A MESSAGE TO
THE WLR BOARD TO OPEN NEGOTIATIONS WITH TYSON
Dear WLR Shareholder:
The WLR Foods Special Meeting is rapidly approaching -- SCHEDULED JUST 9
DAYS FROM TODAY FOR SATURDAY, MAY 21. The enclosed BLUE proxy card will be the
last one you will receive from us -- and represents your final opportunity to
send a message to the WLR Board to negotiate the best possible deal for you.
REMEMBER -- A VOTE "FOR" TYSON'S PROPOSAL DOES NOT OBLIGATE YOU TO TENDER
YOUR SHARES TO TYSON.
A "FOR" vote will encourage the WLR Board to begin negotiations with Tyson.
YOUR BEST OPPORTUNITY FOR A FRIENDLY, TAX-FREE TRANSACTION BETWEEN TYSON AND WLR
IS TO VOTE "FOR" ON THE BLUE PROXY CARD. As you consider your vote, please
remember:
-ALL ASPECTS OF OUR PROPOSAL TO ACQUIRE WLR ARE OPEN FOR NEGOTIATIONS.
-If the owners of a majority of disinterested WLR shares fail to vote
"FOR" on May 21, we intend to terminate our tender offer and sell our
600,000 shares.
Then ask yourself the following fundamental questions:
-Without Tyson's pending $30 per share tender offer, WHAT WILL HAPPEN TO
THE VALUE OF WLR'S SHARES?
-SHOULDN'T WLR MANAGEMENT AT LEAST ATTEMPT TO SEE HOW GOOD A DEAL CAN BE
NEGOTIATED ON YOUR BEHALF?
WLR and its shareholders, employees and growers would clearly benefit from a
combination with Tyson -- the world's largest fully-integrated producer,
processor and marketer of poultry-based food products. We would be pleased to
have WLR join us in building a better and more profitable combined Tyson/WLR.
<PAGE>
As we continue to adapt to changing consumer tastes, we will strive to
continue our strong record of building value for all our shareholders, providing
a productive environment for our employees and acting as a good corporate
citizen in the communities in which we operate.
Please consider the following facts about Tyson's performance over the ten
year period from 1983 to 1993. During that time:
-Tyson was ranked FIRST IN THE FOOD INDUSTRY and FOURTH AMONG ALL
FORTUNE 500 COMPANIES in total return to shareholders, posting a
compounded annual growth rate of 36%.
-Tyson was ranked FIRST IN THE FOOD INDUSTRY and SEVENTH AMONG ALL
FORTUNE 500 COMPANIES in earnings per share growth with a compounded
annual growth rate of 38.4%.
The future for a combined Tyson/WLR is bright. We are hopeful that a vote
"FOR" our proposal will move us one step closer to combining these two fine
companies.
Unfortunately, without your "FOR" vote, WLR management will remain
entrenched and will continue to refuse to negotiate a deal from which you can
benefit. Your best weapon to overcome this is to vote your BLUE proxy card.
REMEMBER -- EVEN IF YOU HAVE ALREADY VOTED WLR'S WHITE PROXY CARD, YOU HAVE
EVERY RIGHT TO CHANGE YOUR MIND AND VOTE A BLUE PROXY "FOR" TYSON'S PROPOSAL.
Time is exceedingly short. Please mark, sign, date and mail your BLUE proxy card
TODAY!
Please include any comments you may have on the BLUE proxy card or on one of
the gold comment cards we have previously sent you. If you prefer, you can call
me or Tyson's President and Chief Executive Officer, Leland Tollett, directly at
(800) 643-3410. AS ALWAYS, WE'LL KEEP LISTENING.
Very truly yours,
Don Tyson
CHAIRMAN
- ---------------------------------------IMPORTANT-----------------------------
If you need assistance in voting your shares or in changing your vote
please call MacKenzie Partners, Inc. toll-free at (800) 322-2885. If your
shares are held for you by a bank or brokerage firm, only your banker or
broker can vote your shares and only after receiving your specific
instructions. Accordingly, please instruct your banker or broker to vote
"FOR" Tyson's proposal on the BLUE proxy card. Please vote today!
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<PAGE>
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P.O. Box 2020 - Springdale, AR 72765-2020 - Phone (501) 290-4000
NEWS RELEASE
TYSON FOODS RECEIVES PROXY CONTEST ENDORSEMENT
FROM LEADING SHAREHOLDER ADVISORY FIRM
SPRINGDALE, ARKANSAS (MAY 12, 1994) - Tyson Foods, Inc. (NASDAQ:TYSNA)
announced today that Institutional Shareholder Services, Inc. (ISS) has
recommended that its clients vote to support Tyson's proposal in opposition to
management of WLR Foods, Inc. (NASDAQ:WLRF) to grant Tyson voting rights for any
WLR shares it may purchase in connection with its pending $30 per share tender
offer for WLR. WLR shareholders will vote on this issue at a Special Meeting of
Shareholders currently scheduled for Saturday, May 21st.
Institutional Shareholder Services, based in Bethesda, Maryland, is a
longstanding advisor on proxy contests, corporate governance and related issues
to many major institutional shareholders.
ISS's recommendation said that restoring Tyson's voting rights did not
require shareholders to tender their shares and did not prevent WLR from
negotiating a better price with Tyson or another buyer.
Don Tyson, Chairman of the Board of Tyson, commented, "We are of course
pleased that ISS's independent recommendation matches our own views on this
issue. More important, however, ISS provides a source for shareholders, both big
and small, who are looking for the judgment of a neutral party, well-experienced
in these issues, to guide their vote."
As previously announced, support from WLR shareholders owning a majority of
the disinterested shares at the May 21st Special Meeting will exempt Tyson from
the Virginia Control Share Act, under which Tyson would be automatically
stripped of its voting rights for any WLR shares it would purchase pursuant to
its offer.
For further information, contact Tyson's Director of Media, Public and
Governmental Affairs, Archie Schaffer, III at 501-290-7232.
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