AUTHENTIC SPECIALTY FOODS INC
SC 14D1/A, 1998-06-02
GROCERIES, GENERAL LINE
Previous: U S LIQUIDS INC, S-1/A, 1998-06-02
Next: PAGING NETWORK DO BRAZIL SA, 6-K, 1998-06-02



<PAGE>
 
 ===============================================================================
                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549
                                   
                               SCHEDULE 14D-1/A
              TENDER OFFER STATEMENT PURSUANT TO SECTION 14(d)(1)
                    OF THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 2)           
 
                        AUTHENTIC SPECIALTY FOODS, INC.
                           (Name of Subject Company)
 
                   AUTHENTIC ACQUISITION CORPORATION (TEXAS)
                 AUTHENTIC ACQUISITION CORPORATION (DELAWARE)
                            AGROBIOS, S.A. DE C.V.
                              DESC, S.A. DE C.V.
                                   (Bidder)
 
                    Common Stock, par value $1.00 per share
                        (Title of Class of Securities)
 
                          05266E 10 7 (Common Stock)
                     (CUSIP Number of Class of Securities)
 
                             ARTURO D'ACOSTA RUIZ
                 CORPORATE DIRECTOR (TREASURY AND ACCOUNTING)
                              DESC, S.A. DE C.V.
                         PASEO DE LOS TAMARINDOS 400-B
                                  28TH FLOOR
                             BOSQUES DE LAS LOMAS
                              MEXICO, D.F. 05120
                           TELEPHONE: (525) 261-8000
                           FACSIMILE: (525) 261-8096
 
  (Name, Address and Telephone Number of Person Authorized to Receive Notices
                   and Communications on Behalf of Bidders)
                                 ------------
                                  COPIES TO:
<TABLE>
<S>                                    <C>
       PETER J. TENNYSON, ESQ.          FREDERICK S. GREEN, ESQ.
PAUL, HASTINGS, JANOFSKY & WALKER LLP  WEIL, GOTSHAL & MANGES LLP
  695 TOWN CENTER DRIVE, 17TH FLOOR         767 FIFTH AVENUE
        COSTA MESA, CA 92626               NEW YORK, NY 10153
           (714) 668-6200                    (212) 310-8000
</TABLE>
 
                           CALCULATION OF FILING FEE
 
Transaction Valuation*: $142,173,142              Amount of Filing Fee: $28,435
- --------
*   Estimated for purposes of calculating the amount of the filing fee only.
    This amount assumes the purchase of 8,363,126 shares of common stock, $1.00
    par value (the "Shares"), of Authentic Specialty Foods, Inc., at price of
    $17.00 per Share in cash. Such number of Shares represents the 8,027,126
    Shares outstanding as of May 6, 1998 and assumes the issuance prior to the
    consummation of the Offer of 336,000 Shares upon the exercise of outstanding
    options and warrants not subject to cancellation agreements. The amount of
    the filing fee calculated in accordance with Regulation 240.0-11 of the
    Securities Exchange Act of 1934, as amended, equals 1/50th of one percent of
    the value of the transaction.
 
[_] 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: $28,435                 Filing Party: Desc, S.A. de C.V.
Form or Registration No.: Schedule 14D-1                Date Filed: May 14, 1998
================================================================================
<PAGE>
 
                                     14D-1
 
CUSIP NO. 05266E 10 7
- --------------------------------------------------------------------------------
<TABLE>
 <C>     <S>                                                        <C>
    1.   NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
         Authentic Acquisition Corporation
         74-2877980
- ---------------------------------------------------------------------------
    2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP           (a) [_]
                                                                    (b) [_]
- ---------------------------------------------------------------------------
    3.   SEC USE ONLY
- ---------------------------------------------------------------------------
    4.   SOURCES OF FUNDS
         AF
- ---------------------------------------------------------------------------
    5.   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
         PURSUANT TO ITEMS 2(e) OR 2(f)                             [_]
- ---------------------------------------------------------------------------
    6.   CITIZENSHIP OR PLACE OF ORGANIZATION
         Texas
- ---------------------------------------------------------------------------
    7.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         None
- ---------------------------------------------------------------------------
    8.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES
         CERTAIN SHARES                                             [_]
- ---------------------------------------------------------------------------
    9.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
         0%
- ---------------------------------------------------------------------------
   10.   TYPE OF REPORTING PERSON
         CO
- ---------------------------------------------------------------------------
</TABLE>
 
                                       2
<PAGE>
 
CUSIP NO. 05266E 10 7
- --------------------------------------------------------------------------------
<TABLE>
 <C>     <S>                                                        <C>
    1.   NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
         Authentic Acquisition Corporation
         Applied For
- ---------------------------------------------------------------------------
    2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP           (a) [_]
                                                                    (b) [_]
- ---------------------------------------------------------------------------
    3.   SEC USE ONLY
- ---------------------------------------------------------------------------
    4.   SOURCES OF FUNDS
         AF
- ---------------------------------------------------------------------------
    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
         None
- ---------------------------------------------------------------------------
    8.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES
         CERTAIN SHARES                                             [_]
- ---------------------------------------------------------------------------
    9.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
         0%
- ---------------------------------------------------------------------------
   10.   TYPE OF REPORTING PERSON
         CO
- ---------------------------------------------------------------------------
</TABLE>
 
                                       3
<PAGE>
 
CUSIP NO. 05266E 10 7
- --------------------------------------------------------------------------------
<TABLE>
 <C>     <S>                                                        <C>
    1.   NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
         Agrobios, S.A. de C.V.
- ---------------------------------------------------------------------------
    2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP           (a) [_]
                                                                    (b) [_]
- ---------------------------------------------------------------------------
    3.   SEC USE ONLY
- ---------------------------------------------------------------------------
    4.   SOURCES OF FUNDS
         AF
- ---------------------------------------------------------------------------
    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 Mexican States
- ---------------------------------------------------------------------------
    7.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         None
- ---------------------------------------------------------------------------
    8.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES
         CERTAIN SHARES                                             [_]
- ---------------------------------------------------------------------------
    9.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
         0%
- ---------------------------------------------------------------------------
   10.   TYPE OF REPORTING PERSON
         CO
- ---------------------------------------------------------------------------
</TABLE>
 
                                       4
<PAGE>
 
CUSIP NO. 05266E 10 7
- -------------------------------------------------------------------------------
<TABLE>
 <C>     <S>                                                        <C>
    1.   NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
         Desc, S.A. de C.V.
- ---------------------------------------------------------------------------
    2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP           (a) [_]
                                                                    (b) [_]
- ---------------------------------------------------------------------------
    3.   SEC USE ONLY
- ---------------------------------------------------------------------------
    4.   SOURCES OF FUNDS
         WC
- ---------------------------------------------------------------------------
    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 Mexican States
- ---------------------------------------------------------------------------
    7.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         None
- ---------------------------------------------------------------------------
    8.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES
         CERTAIN SHARES                                             [_]
- ---------------------------------------------------------------------------
    9.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
         0%
- ---------------------------------------------------------------------------
   10.   TYPE OF REPORTING PERSON
         CO
- ---------------------------------------------------------------------------
</TABLE>
          
         
     This Amendment No. 2 (this "Statement") amends the Schedule 14D-1 filed
with the Securities and Exchange Commission on May 14, 1998 by Authentic
Acquisition Corporation, a Texas corporation ("Purchaser") and a wholly owned
subsidiary of Authentic Acquisition Corporation, a Delaware corporation ("AAC
Delaware") and a wholly owned subsidiary of Agrobios, S.A. de C.V. ("Parent"), a
corporation organized under the laws of the United Mexican States ("Mexico") and
a wholly owned subsidiary of Desc, S.A. de C.V., a corporation organized under
the laws of Mexico ("Desc"), as amended by the Amendment No. 1 filed on May 29,
1998 (as amended, the Schedule 14D1). This Statement relates to the offer by
Purchaser to purchase all of the outstanding shares of common stock, par value
$1.00 per share (the "Shares"), of Authentic Specialty Foods, Inc., a Texas
corporation (the "Company"), at $17.00 per Share, net to the seller in cash,
without interest, upon the terms and subject to the conditions set forth in the
Offer to Purchase dated May 14,      
 
                                       5
<PAGE>
 
     
1998 (the "Offer to Purchase"), a copy of which has been filed as Exhibit 99.1 
to the Schedule 14D-1, and in the related Letter of Transmittal, a copy of which
has been filed as Exhibit 99.2 to the Schedule 14D-1 (which together constitute
the "Offer"). Capitalized terms used but not defined herein have the meanings
given to them in the Offer to Purchase.      
         
        
  The following item is amended as follows:     
               

ITEM 9. FINANCIAL STATEMENTS OF CERTAIN BIDDERS.
      
  Item 9 is hereby amended and restated in its entirety as follows:      
          
   
  Desc, Parent, AAC Delaware and Purchaser have not included financial 
statements in this Item, as the Offer to Purchase states, Purchaser will obtain 
the funds needed to consummate the Offer by capital contributions and/or loans 
from Desc, through Parent and AAC Delaware, and Desc has the necessary funds 
available. Accordingly, the persons filing this Statement believe their 
consolidated financial condition is not material to a decision by a security 
holder of the Shares as to whether to sell, tender or hold Shares being 
purchased in the Offer. Desc has sufficient resources to fund the aggregate 
offer consideration and offer expenses and has agreed with the Company to 
provide the necessary amounts to Purchaser, indirectly through Parent and AAC 
Delaware.    
         
         
                                       6
<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: June 2, 1998           
 
                                          AUTHENTIC ACQUISITION CORPORATION,
                                          a Texas Corporation
 
                                               /s/ Ramon F. Estrada Rivero
                                          By:  ________________________________
                                          Ramon F. Estrada Rivero
                                          Secretary
 
                                          AUTHENTIC ACQUISITION CORPORATION,
                                          a Delaware Corporation
 
                                               /s/ Ramon F. Estrada Rivero
                                          By:  ________________________________
                                          Ramon F. Estrada Rivero
                                          Secretary
 
                                          AGROBIOS, S.A. DE C.V.
 
                                               /s/ Ramon F. Estrada Rivero
                                          By:  ________________________________
                                          Ramon F. Estrada Rivero
                                          Secretary
 
                                          DESC, S.A. DE C.V.
 
                                               /s/ Ernesto Vega Velasco
                                          By:  ________________________________
                                          Ernesto Vega Velasco
                                          Secretary

                                       7
<PAGE>
 
                                 EXHIBIT INDEX
 
<TABLE>     
<CAPTION>
 EXHIBIT
   NO.   DESCRIPTION
 ------- -----------
 <C>     <S>
 99.1*   Offer to Purchase dated May 14, 1998.
 99.2*   Letter of Transmittal.
 99.3*   Notice of Guaranteed Delivery.
 99.4*   Letter to Brokers, Dealers, Commercial Banks, Trust Companies and
         Other Nominees.
 99.5*   Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust
         Companies and Other Nominees.
 99.6*   Guidelines for Certification of Taxpayer Identification Number on
         Substitute Form W-9.
 99.7*   Summary Advertisement, as published in The Wall Street Journal on May
         14, 1998.
 99.8*   Text of Press Release of Desc dated May 8, 1998.
 99.9*   Text of Press Release of Desc dated May 14, 1998.
 99.10*  Agreement and Plan of Merger, dated as of May 7, 1998, by and among
         Parent, Purchaser and the Company.
 99.11*  Confidentiality Letter Agreement, dated February 26, 1998, by and
         between Desc and the Company.
 99.12*  Supplemental Confidentiality Letter Agreement, dated March 31, 1998,
         by and between Desc and the Company.
 99.13*  Letter Agreement, dated May 7, 1998, by and among Shansby Partners,
         L.L.C., TSG2 L.P., TSG2 Management, L.L.C. and the Company.
</TABLE>      
________________
    
*  Previously filed      



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