WALLACE COMPUTER SERVICES INC
DEFA14A, 1995-09-26
MANIFOLD BUSINESS FORMS
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                                 SCHEDULE 14A
                                (RULE 14A-101)
                    INFORMATION REQUIRED IN PROXY STATEMENT
                            SCHEDULE 14A INFORMATION
                   Proxy Statement Pursuant to Section 14(a) of
                         the Securities Exchange Act of 1934

    Filed by the Registrant /X/
    Filed by a Party other than the Registrant / /

    Check the appropriate box:
    / /  Preliminary Proxy Statement
    / /  Confidential, for Use of the Commission Only (as permitted by Rule
         14a-6(e)(2))
    / /  Definitive Proxy Statement
    / /  Definitive Additional Materials
    /X/  Soliciting  Material  Pursuant  to  Rule  240.14a-11(c)  or Rule
         240.14a-12
                           Wallace Computer Services, Inc.
- --------------------------------------------------------------------------------
                (Name of Registrant as Specified In Its Charter)

- --------------------------------------------------------------------------------
    (Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

/X/  $125 per Exchange Act Rules 0-11(c)(1)(ii), 14a-6(i)(1), or 14a-6(i)(2) or
     Item 22(a)(2) of Schedule 14A.
/ /  $500  per  each party  to  the controversy  pursuant  to Exchange  Act Rule
     14a-6(i)(3).
/ /  Fee  computed  on   table  below   per  Exchange   Act  Rules   14a-6(i)(4)
     and 0-11.
    (1) Title of each class of securities to which transaction applies:
        ------------------------------------------------------------------------
    (2) Aggregate number of securities to which transaction applies:
        ------------------------------------------------------------------------
    (3) Per unit price or other underlying value of transaction computed
        pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the
        filing fee is calculated and state how it was determined):
        ------------------------------------------------------------------------
    (4) Proposed maximum aggregate value of transaction:
        ------------------------------------------------------------------------
    (5) Total fee paid:
        ------------------------------------------------------------------------
/ /  Fee paid previously with preliminary materials.
/ /  Check box if any part of the fee is offset as provided by Exchange Act Rule
     0-11(a)(2)  and identify the  filing for which the  offsetting fee was paid
     previously. Identify the previous filing by registration statement  number,
     or the Form or Schedule and the date of its filing.
    (1) Amount Previously Paid:
        ------------------------------------------------------------------------
    (2) Form, Schedule or Registration Statement No.:
        ------------------------------------------------------------------------
    (3) Filing Party:
        ------------------------------------------------------------------------
    (4) Date Filed:
       ------------------------------------------------------------------------
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                                     [LOGO]
                                     WALLACE
                             COMPUTER SERVICES, INC.

                                  NEWS RELEASE


For Immediate Release

Contact:  Brad Samson, Wallace
          708/449-8600

          Roy Wiley, Hill & Knowlton
          708/255-1200


            WALLACE COMPUTER SERVICES CHARGES MOORE AND RETO BRAUN WITH
                      VIOLATING SEC REGULATIONS CONCERNING FALSE
                               AND MISLEADING STATEMENTS


     Hillside, Ill.. --  September 25 -- Wallace Computer Services, Inc.(NYSE:
WCS )in a federal court filing today charged Moore Corporation Limited and its
chairman and CEO with violating SEC proxy solicitation rules by making false and
misleading statements about the future value of Wallace's common stock.
     In an amended complaint, Wallace said that statements made by Reto Braun,
Moore chairman and CEO, that  Wallace stock would plummet toward the low $40s if
Moore withdrew its hostile tender offer "have no basis in fact and are false,
misleading and coercive of Wallace stockholders."
     Braun made his charge in a letter to Wallace shareholders. The complaint
noted that Braun failed to disclose that Wallace announced record financial
results for fiscal 1995 after Moore made its offer.  Analysts have raised their
earnings  projections for Wallace for fiscal 1996 by an average 18 percent in
the past nine months.
     The complaint emphasized that the statements by Braun are "inherently
speculative and misleading" and violate SEC Rule 14a-9 which prohibits false and
misleading statements such as specific predictions of future market value of a
company's stock.


<PAGE>

Add One Amend
     As previously reported, Wallace's Board of  Directors determined that
Moore's unsolicited hostile tender offer of $56 per share is inadequate and not
in the best interests of shareholders, and that in light of the company's future
prospects, interests of the stockholders will be best served by the company
remaining an independent entity.  The Board has recommend that stockholders not
tender their shares.
     Wallace is one of the nation's largest manufacturers and distributors of
information management products, services and solutions.  Founded in Chicago in
1908, Wallace is headquartered in Hillside, Illinois with manufacturing,
distribution and sales facilities throughout the United States.

                                     --30--

The participants in this solicitation include Wallace Computer Services, Inc.
(the "Company") and the following directors of the Company:  Theodore Dimitriou,
Robert J. Cronin, Richard F. Doyle, Fred F. Canning, R. Darrell Ewers, William
N. Lane III, William E. Olsen and Neele E. Stearns, Jr.  Employee participants
may include Bruce D'Angelo, Michael O. Duffield, Michael R. Finger, Michael J.
Halloran, Donald J. Hoffmann, Michael T. Leatherman, Michael M. Mulcahy, Michael
T. Quane, Wayne E. Richter, Bradley P. Samson and Teresa A. Sorrentino. All of
the above persons are deemed to own beneficially less than 2% of the outstanding
shares of Common Stock of the Company in the aggregate.  For a description of
interests of certain of the foregoing individuals in the solicitation, please
see the Company's Solicitation/Recommendation Statement on Schedule 14D-9, which
was publicly filed with the Securities and Exchange Commission and previously
mailed to all of the Company's stockholders, the amendments thereto, and the
Company's Proxy Statement dated October 7, 1994 for the Company's 1994 Annual
Meeting of  Stockholders.





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