ANSALDO SIGNAL NV
SC14D9C, 2000-02-17
RAILROAD EQUIPMENT
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

   --------------------------------------------------------------------------

                                 SCHEDULE 14D9-C

                      SOLICITATION/RECOMMENDATION STATEMENT
                           UNDER SECTION 14 (D)(4) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

                      -------------------------------------

                               ANSALDO SIGNAL N.V.
                            (Name of Subject Company)

                               ANSALDO SIGNAL N.V.
                       (Name of Persons Filing Statement)

                        COMMON STOCK, PAR VALUE NLG 0.01
                         (Title of Class of Securities)

                                   NO5515 10 6
                      (CUSIP Number of Class of Securities)
                      -------------------------------------

                                JAMES N. SANDERS
            PRESIDENT, CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR
                               ANSALDO SIGNAL N.V.
                        WORLD TRADE CENTER BOULEVARD 267
                               NETHERLANDS 1118 BH
                                 (412) 688-2400

                         C/O UNION SWITCH & SIGNAL INC.
                              1000 TECHNOLOGY DRIVE
                            PITTSBURGH, PA 15219-3120

                      -------------------------------------

                                 WITH A COPY TO:

                             WILLIAM E. KELLY, ESQ.
                              PEABODY & ARNOLD LLP
                                 50 ROWES WHARF
                                BOSTON, MA 02110
                                 (617) 951-2100

                      -------------------------------------
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         (Names, address and telephone number of person authorized to receive
notices and communications on behalf of the person filing statement).



         [X] Check the box if the filing relates solely to preliminary
                  communications made before the commencement of a tender offer.


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                               ANSALDO SIGNAL N.V.




                                                                         Contact
                                                                         -------
                                                               Gregory M. Babicz
                                                           Phone: (412) 688-2459
                                                             Fax: (412) 688-2660

         ANSALDO SIGNAL SUPERVISORY BOARD
         APPROVES OFFER BY ANSALDO TRASPORTI S.p.A.
- --------------------------------------------------------------------------------


         February 17, 2000 (Schiphol, The Netherlands)

         The Supervisory Board of Ansaldo Signal N.V., at a joint meeting with
the Company's Management Board and its Committee of Independent Directors, today
unanimously approved the proposed offer by Ansaldo Trasporti S.p.A., the
Company's majority shareholder, to purchase the remaining 18.3% of outstanding
Common Shares of the Company at a price of $4.05 per share. The price of $4.05
per share represents an increase of $0.25 per share over the price initially
proposed to be offered by Ansaldo Trasporti.

         Ansaldo Signal N.V. is a leader in the design, manufacture and service
of signaling, automation and control equipment and systems for the railroad and
mass transit industries worldwide.

         Holders of the Common Shares of Ansaldo Signal N.V. should read the
Offer to Purchase that will be disseminated by Ansaldo Trasporti S.p.A. upon
commencement of the cash tender offer. Ansaldo Trasporti will file the Offer to
Purchase with the Securities and Exchange Commission at that time. The Offer to
Purchase and other filed documents relating to the tender offer will be
available from the Public Reference Room of the Commission free of charge,
subject to a copying fee. The Commission's address is 450 5th Street N.W.,
Washington, D.C. 20549. The telephone number of the Public Reference Room is
(202) 942-8090.


                       [Letterhead of Ansaldo Signal N.V.]




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