CONSOLIDATED CIGAR HOLDINGS INC
SC 14D1/A, 1999-01-22
TOBACCO PRODUCTS
Previous: FARMER MAC MORTGAGE SECURITIES CORP, 8-K, 1999-01-22
Next: CONSOLIDATED CIGAR HOLDINGS INC, SC 13D/A, 1999-01-22



<PAGE>
 
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
 
                               ----------------
 
                                 SCHEDULE 14D-1
                   Tender Offer Statement Pursuant to Section
                14(D)(1) of the Securities Exchange Act of 1934
                               (Final Amendment)
 
                               ----------------
 
                        Consolidated Cigar Holdings Inc.
                           (Name of Subject Company)
 
                 Societe Nationale d'Exploitation Industrielle
                       des Tabacs et Allumettes ("Seita")
                            Dorsay Acquisition Corp.
                                   (Bidders)
 
                               ----------------
 
                Class A Common Stock, par value $0.01 per share
                         (Title of Class of Securities)
 
                               ----------------
 
                                   1-20902E10
                     (CUSIP Number of Class of Securities)
 
                               ----------------
 
                             Jean-Philippe Carriere
                                     Seita
                                53, Quai d'Orsay
                          75347 Paris Cedex 07, France
                               (33-1) 45.56.62.17
      (Name, Address and Telephone Number of Person Authorized to Receive
              Notices and Communications on Behalf of the Bidders)
 
                               ----------------
 
                                   Copies to:
 
       Delia B. Spitzer, Esq.                    Ronald R. Papa, Esq.
           Proskauer Rose                         Proskauer Rose LLP
          9, rue Le Tasse                           1585 Broadway
        75116 Paris, France                 New York, New York 10036, USA
         (33-1)44.30.25.30.                         (212) 969.3000
<PAGE>
 
=============================================================================== 

                                SCHEDULE 14D-1
- -----------------------                                  
 CUSIP NO. 1-20902E10
- -----------------------                                  
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                          
      Dorsay Acquisition Corp.                                Employer Tax ID:
- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [x]
                                                                (b) [_]
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 
- ------------------------------------------------------------------------------
      SOURCE OF FUNDS*
 4    
      AF      
- ------------------------------------------------------------------------------
      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT 
      TO ITEMS 2(e) or 2(f)                                         [_]
 5    
- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 6    
      Delaware
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 7    
      29,528,667 shares of Class A Common Stock

(Includes 19,600,000 shares of Class B Common Stock which were automatically 
converted into 19,600,000 shares of Class A Common Stock upon purchase thereof 
by Dorsay Acquisition Corp.)
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN SHARES*
 8                  
                                                                    [_]
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
 9    
      99.19%               
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
10
      CO
- ------------------------------------------------------------------------------
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!


                                       2
<PAGE>
 
=============================================================================== 

                                SCHEDULE 14D-1
- -----------------------                                  
 CUSIP NO. 1-20902E10
- -----------------------                                  
 
- ------------------------------------------------------------------------------
      NAME OF REPORTING PERSON
 1    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
      Societe Nationale d'Exploitation Industrielle des Tabacs et 
      Allumettes ("Seita")
- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 2                                                              (a) [x]
                                                                (b) [_]
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3
 
- ------------------------------------------------------------------------------
      SOURCE OF FUNDS*
 4    
      WC
- ------------------------------------------------------------------------------
      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT 
      TO ITEMS 2(e) or 2(f)                                         [_]
 5    
- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 6    
      France
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 7    
      29,528,667 shares of Class A Common Stock

(Includes 19,600,000 shares of Class B Common Stock which were automatically 
converted into 19,600,000 shares of Class A Common Stock upon purchase thereof 
by Dorsay Acquisition Corp.)
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN SHARES*
 8                  
                                                                    [_]
- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
 9    
      99.19%
- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON*
10
      
- ------------------------------------------------------------------------------
                     *SEE INSTRUCTIONS BEFORE FILLING OUT!


                                       3
<PAGE>
 
This Final Amendment to the Tender Offer Statement on Schedule 14D-1 (as
heretofore amended and as further amended by this Final Amendment, the
"Statement") relates to the offer by Dorsay Acquisition Corp. ("Purchaser"), a
corporation organized and existing under the laws of the State of Delaware and
a wholly owned subsidiary of Societe Nationale d'Exploitation Industrielle des
Tabacs et Allumettes ("Seita"), a corporation organized and existing under the
laws of France ("Parent"), to purchase all of the outstanding shares of Class
A Common Stock, par value $0.01 per share (the "Class A Shares"), and Class B
Common Stock, par value $0.01 per share (the "Class B Shares", and together
with the Class A Shares, the "Shares"), of Consolidated Cigar Holdings Inc., a
corporation organized and existing under the laws of the State of Delaware
(the "Company"), at a price of $17.85 per Share, net to the seller in cash
(subject to applicable withholding of taxes), without interest, upon the terms
and subject to the conditions set forth in Purchaser's Offer to Purchase,
dated December 22, 1998 (as heretofore amended, the "Offer to Purchase"), and
in the related Letter of Transmittal (which, together with any amendments or
supplements thereto, collectively constitute the "Offer"), copies of which
were filed with the Statement as Exhibits (a)(1) and (a)(2), respectively. This 
Amendment constitutes the final amendment to the Statement. Capitalized terms
used but not defined herein shall have the meanings ascribed to them in the
Statement.
 
Item 5. Purpose of the Tender Off and Plans or Proposals of the Bidder

 
  Item 5 is hereby amended to add the following supplemental information:

  The Offer expired at 12:00 midnight, New York City time, on Thursday, January 
21, 1999. On Friday, January 22, 1999, Purchaser accepted for payment and paid 
for all the Shares validly tendered in the Offer and not withdrawn, representing
approximately 99% of the outstanding Shares. Parent intends to complete the 
Merger promptly pursuant to the "short form" merger provisions of Section 253 of
Delaware Law. Pursuant to Section 1.3 of the Merger Agreement, the Board of 
Directors of the Company now consists of three designees of Parent 
(Jean-Dominique Comolli, Eric Albrand and Charles Lebeau) and two continuing 
directors (Theo W. Folz and Howard Gittis).

Item 6. Interest in Securities of the Subject Company

  Item 6 is hereby amended and supplemented as follows:


  (a)-(b) The Offer expired at 12:00 midnight, New York City time, on Thursday,
January 21, 1999. Purchaser has been informed by the Depositary that 9,928,667
Class A Shares (including 508,875 Class A Shares subject to guaranteed delivery
procedures) and 19,600,000 Class B Shares, representing approximately 97.6% of
the outstanding Class A Shares and 100% of the outstanding Class B Shares, were
tendered in the Offer. On Friday, January 22, 1999, Purchaser accepted for
payment and paid for all the Shares validly tendered in the Offer and not
withdrawn, at which time, pursuant to Article Four of the Company's Certificate
of Incorporation, each outstanding Class B Share was automatically converted
into one Class A Share. A copy of the press release issued by Parent dated
January 22, 1999 announcing the expiration of the Offer, the acceptance for
payment of the Shares tendered pursuant thereto and the intention of Parent to
effect the Merger is attached hereto as Exhibit (a)(10), and the complete text
thereof is incorporated herein by reference.

Item 11. Material to be Filed as Exhibits

  (a)(10) Press release issued by Parent on January 22, 1999

                                       4
<PAGE>
 
                                   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: January 22, 1999
 
                                          Seita
 
                                              /s/ Jean-Dominique Comolli
                                          By: _________________________________
                                          Name: Jean-Dominique Comolli
 
                                          Title: Chairman and Chief Executive
                                           Officer
 
                                          Dorsay Acquisition Corp.
 
                                               /s/ Charles Lebeau
                                          By: _________________________________
                                          Name: Charles Lebeau
 
                                          Title: Chief Executive Officer,
                                           President, Secretary, 
                                           Treasurer and Controller
 





                                 EXHIBIT INDEX

EXHIBIT NO.
 
(a)(10)Press release issued by Parent on January 22, 1999
 

                                       5


<PAGE>
 
                                                                  Exhibit 99.a10

                                                                   PRESS RELEASE


                    SEITA ANNOUNCES ACQUISITION OF 99% OF
           SHARES OF CONSOLIDATED CIGAR HOLDINGS INC. AND COMPLETION
                                OF TENDER OFFER


Paris, France. January 22, 1999. Societe Nationale d'Exploitation Industrielle 
des Tabacs et Allumettes ("Seita") announced today that it acquired 
approximately 99% of the outstanding shares of Consolidated Cigar Holdings Inc.
("Consolidated Cigar") pursuant to its previously announced cash tender offer to
purchase all the outstanding shares of Consolidated Cigar at $17.85 per share. 
The tender offer expired at 12:00 midnight, New York City time, on Thursday, 
January 21, 1999.

As previously announced, Seita and Consolidated Cigar are parties to a merger
agreement. Seita expects to merge a subsidiary of Seita with Consolidated Cigar
promptly. As a result of the merger, the shares of Consolidated Cigar that were
not tendered during the tender offer (239,449 shares, approximately 1%) will be
converted into the right to receive $17.85 per share in cash, and Consolidated
Cigar will become a wholly owned subsidiary of Seita.


                                PRESS CONTACT:

      SEITA (Paris): Aneta Lazarevic - Telephone: (+33) 1 45 56 60 06/07



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission