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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13E-3
RULE 13E-3 TRANSACTION STATEMENT
(Pursuant to Section 13(e) of the Securities Exchange Act of 1934)
Amendment No. 2
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CONCENTRA MANAGED CARE, INC.
(Name of the Issuer)
Welsh, Carson, Anderson & Stowe, VIII, L.P.
Yankee Acquisition Corp.
John K. Carlyle
W. Tom Fogarty, M.D.
James M. Greenwood
Thomas E. Kiraly
Kenneth Loffredo
Richard A. Parr II
Daniel J. Thomas
Concentra Managed Care, Inc.
(Name of Person(s) Filing Statement)
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COMMON STOCK, PAR VALUE $.01 PER SHARE
(Title of Class of Securities)
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20589T103
(CUSIP Number of Class of Securities)
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Paul B. Queally
Yankee Acquisition Corp
c/o Welsh, Carson, Anderson & Stowe VIII, L.P.
320 Park Avenue
New York, New York 10022
(212) 893-9500
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Daniel J. Thomas
Concentra Managed Care, Inc.
312 Union Wharf
Boston, Massachusetts 02109
(617) 367-2163
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WITH COPIES TO:
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Robert A. Schwed, Esq.
Othon A. Prounis, Esq.
Reboul, MacMurray, Hewitt,
Maynard & Kristol
45 Rockefeller Plaza
New York, New York 10111
(212) 841-5700
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Richard A. Parr II
Concentra Managed Care, Inc.
5080 Spectrum Drive
Suite 400, West Tower
Addison, Texas 75001
(800) 232-3550
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Jeffrey A. Chapman, Esq.
Vinson & Elkins L.L.P.
3700 Trammell Crow Center
2001 Ross Avenue
Dallas, Texas 75201-2975
(214) 220-7795
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications on Behalf of Person(s) Filing Statement)
This statement is filed in connection with (check the appropriate box):
a. / X / The filing of solicitation materials or an
information statement subject to Regulation 14A,
Regulation 14C, or Rule 13e-3(c) under the Securities
Exchange Act of 1934.
b. / / The filing of a registration statement under the
Securities Act of 1933.
c. / / A tender offer.
d. / / None of the above.
Check the following box if the soliciting materials or information
statement referred to in checking box (a) are preliminary copies: /X/
CALCULATION OF FILING FEE
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TRANSACTION VALUATION (1) AMOUNT OF FILING FEE
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$ 792,505,929.90 $ 158,501.19
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/X/ Check box if any part of the fee is offset as provided by Rule 0-11(a)
(2) and identify the filing with which the offsetting fee was
previously paid. Identify the previous filing by registration statement
number, or the form or schedule and the date of its filing.
Amount previously paid: $158,501.19
Form or registration no.: Schedule 14A - Preliminary
Proxy Statement
Filing Party: Concentra Managed Care, Inc.
Dated filed: March 31, 1999
(1) For purposes of calculating the fee only. Assumes purchase of
47,294,074 shares of common stock, par value $.01 per share, of Concentra
Managed Care, Inc. at $16.50 per share and the purchase of underlying options to
purchase Common Stock for an aggregate of $12,153,708.90
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<PAGE>
EXPLANATORY NOTE
The purpose of Amendment No. 2 to Concentra's Rule 13e-3 Transaction
Statement is to file revised (d)(3), which is Amendment No. 4 to the proxy
statement for the Special Meeting of Shareholders to approve the rule 13e-3
transaction.
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ITEM 17. MATERIAL TO BE FILED AS EXHIBITS.
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EXHIBIT NO. DESCRIPTION
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(a)(1)* Commitment Letter dated February 26, 1999 from Chase
Securities Inc., The Chase Manhattan Bank, DLJ Capital
Funding, Inc., Credit Suisse First Boston and Fleet
National Bank.
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(a)(2)* Letter dated February 24, 1999 from Chase Capital
Partners.
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(a)(3)* Letter dated March 1, 1999 from WCAS Capital Partners III,
L.P.
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(b)(1) Opinion of BT Alex. Brown Incorporated dated March 2, 1999
(included as Appendix B to the Preliminary Proxy
Statement, which is filed herewith as Exhibit (d)(3)).
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(b)(2)* Financial Analysis Presentation materials prepared by BT
Alex. Brown Incorporated in connection with its opinion
dated March 2, 1999 to Concentra's board of directors and
special committee.
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(c)(1) Agreement and Plan of Merger dated as of March 24, 1999 by
and between Yankee
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<PAGE>
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EXHIBIT NO. DESCRIPTION
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Acquisition Corp. and Concentra Managed Care, Inc.
(included as Appendix A to the Preliminary Proxy
Statement, which is filed herewith as Exhibit (d)(3)).
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(c)(2)* Contribution Letter dated March 24, 1999 by Welsh, Carson,
Anderson & Stowe VIII, L.P.
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(c)(3)* Stock Subscription Agreement dated as of March 24, 1999 by
Ferrer Freeman Thompson & Co. on behalf of Health Care
Capital Partners L.P. and on behalf of Health Care
Executive Partners and Yankee Acquisition Corp.
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(d)(1) Letter to Stockholders (included in the Preliminary Proxy
Statement, which is filed herewith as Exhibit (d)(3)).
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(d)(2) Notice of Special Meeting of Stockholders (included in the
Preliminary Proxy Statement, which is filed herewith as
Exhibit (d)(3)).
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(d)(3) Amendment No. 4 to Preliminary Proxy Statement
(incorporated by reference to the Schedule 14A/A
filed by Concentra on July 16, 1999).
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(d)(4) Form of Proxy.
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(d)(5) Press Release issued by Concentra Managed Care, Inc. dated
as of April 28, 1999 (incorporated by reference to the
Current Report on Form 8-K filed by Concentra on April 28,
1999).
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(d)(6) Press Release issued by Concentra Managed Care, Inc. dated
as of March 3, 1999 (incorporated by reference to the
Current Report on Form 8-K filed by Concentra on March 3,
1999).
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(d)(7) Press Release issued by Concentra Managed Care, Inc. dated
as of March 25, 1999 (incorporated by reference to the
Current Report on Form 8-K filed by Concentra on March 29,
1999).
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(e) Text of Section 262 of the Delaware General Corporation
Law (included as Appendix C to the Preliminary Proxy
Statement, which is filed herewith as Exhibit (d)(3)).
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(f) Not applicable.
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99.1* Powers of Attorney.
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* Previously filed
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SIGNATURES
After due inquiry and to the best of our knowledge and belief, each of
the undersigned certifies that the information set forth in this Statement is
true, complete and correct.
CONCENTRA MANAGED CARE, INC.
By: /s/ Daniel J. Thomas*
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Daniel J. Thomas
Dated: July 15, 1999 President
YANKEE ACQUISITION CORP.
By: /s/ Paul B. Queally
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Paul B. Queally
Dated: July 15, 1999 President
WELSH, CARSON, ANDERSON & STOWE, VIII, L.P.
By: WCAS VIII Associates, LLC, General Partner
By: /s/ Paul B. Queally
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Paul B. Queally
Dated: July 15, 1999 Managing Member
JOHN K. CARLYLE
/s/ John K. Carlyle*
Dated: July 15, 1999 --------------------------------------------------
W. TOM FOGARTY, M.D.
/s/ W. Tom Fogarty, M.D.*
Dated: July 15, 1999 --------------------------------------------------
JAMES M. GREENWOOD
/s/ James M. Greenwood*
Dated: July 15, 1999 --------------------------------------------------
THOMAS E. KIRALY
/s/ Thomas E. Kiraly*
Dated: July 15, 1999 --------------------------------------------------
KENNETH LOFFREDO
/s/ Kenneth Loffredo*
Dated: July 15, 1999 --------------------------------------------------
RICHARD A. PARR II
/s/ Richard A. Parr II
Dated: July 15, 1999 --------------------------------------------------
DANIEL J. THOMAS
/s/ Daniel J. Thomas*
Dated: July 15, 1999 --------------------------------------------------
*The undersigned, by signing his name hereto, does sign and execute this
Schedule 13E-3 as of this 1st day of July, 1999 pursuant to the Powers of
Attorney executed on behalf of the above-named officers and directors as
previously filed with the Securities and Exchange Commission
By: /s/ Richard A. Parr II
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Richard A. Parr II
Attorney-in-Fact
INSTRUCTIONS FOR VOTING YOUR PROXY
Concentra Managed Care, Inc. is now offering stockholders of record three
alternative ways of voting your proxies:
o By Telephone (using a touch-tone telephone)
o Through the Internet (using a browser)
o By Mail (traditional method)
Your telephone or Internet vote authorizes the named proxies to vote your shares
in the same manner as if you had returned your proxy card. We encourage you to
use these cost effective and convenient ways of voting, 24 hours a day, 7 days a
week.
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TELEPHONE VOTING Available only until 5:00 p.m. Eastern time on June 00, 1999
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o This method of voting is available for residents of the U.S. only
o On a touch tone telephone, call TOLL FREE 1-888-000-0000, 24 hours a day,
7 days a week
o You will be asked to enter ONLY the 12-digit Control Number shown below
o Your vote will be confirmed and cast as you directed
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INTERNET VOTING Available only until 5:00 p.m. Eastern time on June 00, 1999
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o Visit our Internet voting website at http://cybervote.georgeson.com
o Enter the Company Number AND 12-digit Control Number shown below and follow
the instructions on your screen
o You will incur only your usual Internet charges, if applicable.
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VOTING BY MAIL
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o Simply mark, sign and date your proxy card and return it in the postage
paid envelope
o If you vote by telephone or the Internet, please do not mail your proxy card.
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COMPANY NUMBER CONTROL NUMBER
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TO VOTE BY MAIL, PLEASE DETACH PROXY CARD HERE
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/X/ Please mark votes as in this example.
This proxy, when properly executed, will be voted in the manner directed herein
by the undersigned stockholder. If no direction is made, this proxy will be
voted FOR the approval and adoption of the Amended and Restated Merger
Agreement.
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THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" PROPOSAL 1.
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1. PROPOSAL TO APPROVE AND ADOPT THE AMENDED AND RESTATED MERGER AGREEMENT DATED
MARCH 24, 1999 BETWEEN CONCENTRA MANAGED CARE, INC. AND YANKEE ACQUISITION CORP.
For Against Abstain
[ ] [ ] [ ]
2. Discretionary Proxy, in their discretion, the proxies (and if the undersigned
is a proxy, any substitute proxies) are authorized to vote upon any other
business that may be proposed to come before the meeting.
Date:____________, 1999
_______________________
_______________________
Signature(s)
Please sign your name exactly as it appears on the stock certificate. When
shares are held by joint tenants, both stockholders should sign above. When
signing as attorney, executor, administrator, trustee, or guardian, please state
your title as such. If a corporation, please sign in full corporate name by the
President of the corporation or other authorized officer. If a partnership,
please sign in full partnership name by an authorized person.
<PAGE>
CONCENTRA MANAGED CARE, INC.
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS
for the Special Meeting of Stockholders on June 00, 1999
The undersigned hereby appoints DANIEL J. THOMAS and RICHARD A. PARR II, or
P either of them, with full power of substitution in each, proxies (and if the
R undersigned is a proxy, substitute proxies) to vote all Common Stock of the
O undersigned in Concentra Managed Care, Inc. at the Special Meeting of
X Stockholders to be held at on ___________, 1999 at 10:00 a.m. local time, and
Y at any adjournment and postponement thereof, as specified on the reverse side
of this card.
THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" THE PROPOSAL.
PLEASE SIGN AND DATE THE REVERSE SIDE OF THIS PROXY
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SEE REVERSE SIDE
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