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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 14D-1/A
TENDER OFFER STATEMENT
PURSUANT TO SECTION 14(D)(1) OF THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 6)
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WALBRO CORPORATION
(NAME OF SUBJECT COMPANY)
TI AUTOMOTIVE SYSTEMS, INC.
TI GROUP PLC
(BIDDERS)
COMMON STOCK, PAR VALUE $.50 PER SHARE
(INCLUDING THE ASSOCIATED RIGHTS TO PURCHASE
SERIES A JUNIOR PARTICIPATING PREFERRED STOCK)
(TITLE OF CLASS OF SECURITIES)
931154108
(CUSIP NUMBER OF CLASS OF SECURITIES)
DAVID LILLYCROP
DIRECTOR AND GENERAL COUNSEL
TI GROUP PLC
50 CURZON STREET
LONDON W1Y 7PN
011-44-171-560-5700
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSONS AUTHORIZED
TO RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF BIDDERS)
COPIES TO:
JOHN EVANGELAKOS, ESQ.
SULLIVAN & CROMWELL
125 BROAD STREET
NEW YORK, NEW YORK 10004
(212) 558-4000
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CUSIP NO. 931154108 14D-1
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1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
TI Group plc
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
WC; BK
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(e) OR 2(f)
[ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
England
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7. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,474,009 shares of Common Stock, par value $.50 per share
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8. CHECK THE BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES
CERTAIN SHARES
[ ]
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9. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
Approximately 97%
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10. TYPE OF REPORTING PERSON
CO
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CUSIP NO. 931154108 SCHEDULE 14D-1
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1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
TI Automotive Systems, Inc.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS
AF
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(e) OR 2(f)
[ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,474,009 shares of Common Stock, par value $.50 per share
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8. CHECK THE BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES
CERTAIN SHARES
[ ]
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9. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
Approximately 97%
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10. TYPE OF REPORTING PERSON
CO
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This Amendment No. 6 is filed to supplement and amend the information
set forth in the Tender Offer Statement on Schedule 14D-1 filed by TI Group plc
("Parent") and TI Automotive Systems, Inc. (the "Purchaser") on May 4, 1999 as
amended by Amendment No. 1 to such Schedule filed with the SEC on May 18, 1999,
Amendment No. 2 to such schedule filed with the SEC on May 20, 1999, Amendment
No. 3 to such schedule filed with the SEC on May 24, 1999, Amendment No. 4 to
such schedule filed with the SEC on June 11, 1999 and Amendment No. 5 to such
schedule filed with the SEC on June 11, 1999 (as so amended, the "Schedule
14D-1"), with respect to shares of Common Stock, par value $.50 per share
("Shares"), of Walbro Corporation (the "Company"). Unless otherwise indicated,
the capitalized terms used herein shall have the meanings specified in the
Schedule 14D-1 including the Offer to Purchase filed as Exhibit (a)(1) thereto.
ITEM 6. Interest in Securities of the Subject Company.
Item 6 of the Schedule 14D-1 is hereby amended by the addition of the
following paragraph:
On June 16, 1999, Parent announced that Purchaser accepted for payment
all of the 8,474,009 Shares which were validly tendered pursuant to the Offer
and not withdrawn prior to the expiration of the Offer, including 130,051 Shares
tendered pursuant to Notices of Guaranteed Delivery.
ITEM 11. Material to be filed as Exhibits.
Item 11 is hereby amended and supplemented by addition of the following
Exhibit:
(a)(14) Press Release, dated June 16, 1999.
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SIGNATURES
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 16, 1999
TI GROUP PLC
By: /s/ David Lillycrop
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Name: David Lillycrop
Title: Director
TI AUTOMOTIVE SYSTEMS, INC.
By: /s/ William J. Laule
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Name: William J. Laule
Title: President
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EXHIBIT INDEX
EXHIBIT PAGE
NUMBER EXHIBIT NAME NUMBER
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(a)(14) Press Release, dated June 16, 1999
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Exhibit (a)(14)
FOR IMMEDIATE RELEASE
WEDNESDAY, 16TH JUNE, 1999
TI GROUP TENDER OFFER FOR
WALBRO CORPORATION CLOSES
TI Group plc ("TI Group") today announced that its indirect wholly
owned subsidiary, TI Automotive Systems, Inc., has completed its all-cash $20.00
per share tender offer for all of the outstanding shares of common stock of
Walbro Corporation (NASDAQ/NM:WALB). The tender offer expired at 12:00 midnight,
New York City time, on Tuesday, June 15, 1999.
TI Automotive Systems, Inc. accepted for payment all of the 8,474,009
shares of Walbro common stock, representing approximately 97% of the outstanding
shares, validly tendered and not withdrawn prior to the expiration of the offer,
including 130,051 shares tendered pursuant to notices of guaranteed delivery.
TI Group currently intends to complete its acquisition of Walbro
shortly by means of a merger of TI Automotive Systems, Inc. with Walbro in which
the remaining shares of Walbro will be converted into the right to receive
$20.00 per share in cash.
Warburg Dillon Read LLC (212-821-2875) is acting as Dealer Manager and
Innisfree M&A Incorporated (212-750-5833 or 888-750-5834) as the Information
Agent for the tender offer.
-ENDS-
For further information please contact:
RALPH KESSLER
Senior Vice President
TI Group Inc.
Tel: 212-319-3101
