<PAGE>
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 14D-1
(AMENDMENT NO. 5)
Tender Offer Statement Pursuant to Section 14(d)(1) of the Securities Exchange
Act of 1934
and
SCHEDULE 13D*
(AMENDMENT NO. 1)
Under the Securities Exchange Act of 1934
WAVERLY, INC.
(Name of Subject Company)
MP ACQUISITION CORP.
WOLTERS KLUWER U.S. CORPORATION
WOLTERS KLUWER NV
(Bidders)
COMMON STOCK, $2.00 PAR VALUE PER SHARE
(Title of Class of Securities)
943614107 (COMMON STOCK)
(CUSIP Number of Class of Securities)
MR. PETER W. VAN WEL
c/o Wolters Kluwer United States Inc.
161 North Clark Street
48th Floor
Chicago, Illinois 60601
(312) 425-7010
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications on Behalf of Bidders)
COPY TO:
Arnold J. Schaab, Esq.
Pryor, Cashman, Sherman & Flynn
410 Park Avenue
New York, New York 10022
Telephone (212) 326-0168
* This Statement also constitutes Amendment No. 1 to the Statement on Schedule
13D of MP Acquisition Corp., Wolters Kluwer U.S. Corporation and Wolters
Kluwer nv filed with respect to the shares of Common Stock, par value $2.00
per share, of Waverly, Inc. beneficially owned by MP Acquisition Corp.,
Wolters Kluwer U.S. Corporation and Wolters Kluwer nv.
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
<PAGE>
This Amendment No. 5 amends the Tender Offer Statement on Schedule 14D-1 of
MP Acquisition Corp., a Maryland Corporation (the "Offeror"), Wolters Kluwer
U.S. Corporation, a Delaware corporation (the "Parent"), and Wolters Klumer nv,
a corporation organized under the laws of the Netherlands ("Wolters Kluwer")
filed with the Securities and Exchange Commission on February 18, 1998, as
previously amended, relating to the tender offer (the "Offer") for all
outstanding shares of common stock (the "Shares"), par value $2.00 per share of
Waverly, Inc., a Maryland corporation (the "Company"). This Amendment No. 5,
which constitutes the final amendment to the Tender Offer Statement on Schedule
14D-1, also constitues Amendment No. 1 to the Statement on Schedule 13D of the
Offeror, Parent, and Wolters Kluwer with respect to the Shares beneficially
owned by the Offeror, Parent, and Wolters Kluwer.
Item 6. INTEREST IN SECURITIES OF SUBJECT COMPANY
Item 6 is hereby amended to add the following information:
Immediately following the expiration of the Offer on May 19, 1998, the
Offeror accepted for payment a total of 9,942,687 shares of Common Stock of the
Company.
2
<PAGE>
Item 10. ADDITIONAL INFORMATION
Item 10(f) is hereby amended to add the following information:
The Offer terminated at Midnight, New York City Time, on Tuesday, May 19,
1998.
3
<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.
<TABLE>
<S> <C> <C>
Dated: May 28, 1998 MP Acquisition Corp.
By: /s/ BRUCE C. LENZ
------------------------------------------
Name: Bruce C. Lenz
Title: Vice President, Treasurer and
Secretary
</TABLE>
<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.
<TABLE>
<S> <C> <C>
Dated: May 28, 1998 Wolters Kluwer U.S. Corporation
By: /s/ BRUCE C. LENZ
------------------------------------------
Name: Bruce C. Lenz
Title: Executive Vice President
and Chief Financial Officer
</TABLE>
<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.
<TABLE>
<S> <C> <C>
Dated: May 28, 1998 Wolters Kluwer nv
By: /s/ PETER W. VAN WEL
------------------------------------------
Name: Peter W. van Wel
Title: Member of the Executive Board
</TABLE>
<PAGE>
May 6, 1998
Mr. Peter W. van Wel
Wolters Kluwer U.S. Corporation
161 North Clark Street
Chicago, IL 60601
Bruce C. Lenz
MP Acquisition Corp.
161 North Clark Street
Chicago, IL 60601
Dear Messrs. van Wel and Lenz:
Reference is made to the Agreement and Plan of Merger (the "Merger
Agreement") dated as of February 10, 1998 by and among Wolters Kluwer U.S.
Corporation ("Parent"), MP Acquisition Corp. ("Newco") and Waverly, Inc. (the
"Company") and to the Stock Option and Tender Agreement (the "Option and Tender
Agreement") dated February 10, 1998 by and among Parent, Newco and the
stockholders set forth on Schedule I thereof (the "Stockholders").
By signing below, Parent and Newco confirm that subject to the terms
and conditions set forth in this paragraph, each of them hereby waives Sections
5.1(i) (which prohibits the Company from issuing any new shares of the Company's
Common Stock, par value $2.00 per share (the "Shares")), 5.1(xi) (which
prohibits the Company from taking any action to issue new Shares) and 5.1(xii)
(which prohibits the Company from authorizing, recommending proposing or
announcing any intention to issue new Shares) of the Merger Agreement and
Sections 3.3 (which relates to the Shares held by the Stockholders), 3.4 (which
states that the Stockholders presently have title to the Shares they will
tender), 5.1 (which states that the Stockholders will not acquire any more
Shares) and 8 (which states that the Stockholders will not exercise any of their
options and will accept the cash payment described above in exchange for the
options) of the Option and Tender Agreement. Such waiver shall be effective (A)
only to the extent necessary (i) to permit any holder of any option to purchase
Shares to exercise such options and (ii) for the Company to issue Shares
pursuant to such exercise, and (B) as to each such holder, only if the Company
obtains from such holder (simultaneously with the notice of exercise and prior
to any issuance of Shares to such holder) an acknowledgment and agreement by
such holder enforceable by and for the benefit of Parent and Newco that such
holder will tender into and not withdraw from the Offer the Shares received upon
such exercise. Subject to the other conditions to the Offer, Parent and Newco
agree to pay the Offer Price (as defined in the Merger Agreement) with respect
to
<PAGE>
each such Share tendered and not withdrawn in the Offer. Nothing contained
herein shall waive the obligation of the Stockholders, including with respect to
Shares obtained upon exercise of the options, to tender and not withdraw their
Shares.
A list of currently outstanding stock options is attached as Exhibit A
hereto.
Very truly yours,
/s/ E Philip Hanlon
-------------------
E. Philip Hanlon.
Vice President and
Chief Financial Officer
Agreed to and accepted:
WOLTERS KLUWER U.S. MP ACQUISITION CORP.
CORPORATION
By: /s/ Peter Van Wel By: /s/ Bruce C. Lenz
------------------ ------------------
Peter van Wel Bruce C. Lenz
President Vice President
cc: Arnold J. Schaab, Esq.
Pryor, Cashman, Sherman & Flynn
410 Park Avenue
New York, NY 10022
2
<PAGE>
<TABLE>
<CAPTION>
Outstanding Stock Options
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
GRANT
PRICE $7.875 $10.125 $12.000 $7.125 $8.375 $11.500 $9.250 $14.250 $21.125 $21.500
TOTAL
OPTIONS
NAME 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 REMAINING
Bounds, R. 0 2,400 2,400 2,000 2,400 2,500 2,500 2,000 2,000 2,000 20,200
Caldwell, J. 0 0 2,500 0 0 0 1,700 2,000 2,000 3,000 11,200
Callard, D. 0 0 0 0 5,000 5,000 0 5,000 0 0 15,000
Cann, C. 0 0 0 0 0 1,000 1,400 1,400 1,400 0 5,200
Caras, P. 0 0 0 0 500 2,000 2,000 2,000 2,000 2,000 10,500
Ciofuli, G. 0 0 0 0 0 0 0 0 1,000 2,400 3,400
Collins, N. 0 1,000 1,200 1,500 1,600 2,000 2,200 2,400 2,400 2,500 16,800
Denardo, M. 0 0 0 0 0 0 0 0 450 1,000 1,450
Donohue, C. 0 3,000 4,000 5,000 3,000 5,000 5,000 5,000 5,000 5,000 40,000
Donohue, D. 0 0 0 0 0 1,000 1,000 1,200 0 3,200
Finch, M. 0 0 0 0 0 0 0 0 0 500 500
Fusting, F. 0 1,500 2,000 2,000 2,500 3,000 3,500 4,000 4,400 4,600 27,500
Gardner, J. 0 0 0 0 0 0 0 3,200 3,200 0 6,400
Gay, S. 0 0 0 0 0 0 0 3,400 2,000 2,000 7,400
Grayson, T. 0 0 0 0 1,000 1,300 1,800 2,000 2,000 2,200 10,300
Hanlon, E. 0 2,600 2,600 2,800 4,000 4,500 4,500 4,700 4,700 5,000 35,400
Hutton, E. 60,000 30,000 30,000 30,000 50,000 15,000 15,000 15,000 17,000 20,000 282,000
Jester, C. 0 0 0 0 0 0 0 1,000 1,000 1,000 3,000
Johnson, T. 0 0 0 0 0 1,000 1,000 0 0 0 2,000
Jass, S. 0 0 0 0 0 750 1,500 3,000 4,000 4,500 13,750
Kaufman, C. 0 0 0 0 0 0 0 1,200 1,200 1,400 3,800
Kiley, C. 0 0 6,000 0 0 3,000 0 0 0 0 9,000
Knox, B. 4,000 4,000 5,000 8,000 8,000 8,000 0 0 0 0 37,000
Krubner, L. 0 0 0 0 0 2,000 1,000 2,600 2,800 2,800 11,200
Kumm, R. 0 0 0 0 0 0 0 0 600 800 1,400
McCreadie, R. 0 0 0 0 0 0 0 0 0 500 500
Minton, G. 0 0 0 0 0 0 850 1,700 1,200 1,200 4,950
Mullauer, M. 0 0 0 0 0 0 0 0 0 2,000 2,000
Newman, A. 0 0 15,000 8,000 9,000 9,000 9,000 9,000 9,000 10,000 78,000
Passano, Jr. 0 30,000 20,000 10,000 20,000 5,000 0 0 0 0 85,000
Passano, E. 0 6,000 6,000 6,000 6,000 5,000 0 0 0 0 29,000
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
TOTAL
OPTIONS
NAME 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 REMAINING
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Passano, W. 0 0 0 0 1,500 2,000 2,400 2,600 2,600 2,800 13,900
Perine, C. 0 0 0 0 0 0 0 0 600 800 1,400
Perry, R. 0 0 0 8,000 4,000 6,000 6,000 6,000 6,000 5,000 41,000
Pine, J. 0 0 0 0 0 1,000 1,200 1,200 0 500 3,900
Pippin, C. 0 0 0 0 0 0 0 600 1,200 2,000 3,800
Pitt, R. 0 0 0 1,500 1,500 2,500 2,200 2,400 2,400 2,400 14,900
Retford, D. 0 0 0 0 0 0 0 0 600 600 1,200
Roldan, F. 0 0 0 0 0 0 0 2,200 2,200 2,400 6,800
Rondinelli, S. 0 0 0 0 0 0 0 600 900 1,000 2,500
Ryekis, J. 0 0 0 0 0 0 0 0 0 500 500
Satterfield, T. 0 0 0 0 1,000 1,300 1,600 2,000 2,000 2,000 9,900
Shish, P. 0 0 1,000 0 2,600 2,900 3,300 3,300 3,300 3,500 19,900
Startt, R. 0 0 0 0 1,400 1,700 2,000 2,000 2,000 2,000 11,100
Thibodeau, K. 0 0 0 0 0 0 0 1,200 1,400 2,000 4,600
Urban, M. 0 0 0 0 0 0 2,500 0 0 0 2,500
Walchli, G. 0 0 0 0 0 0 0 800 1,200 1,800 3,800
Wills, A. 0 6,000 6,000 6,000 6,000 6,000 6,000 6,000 6,000 7,000 55,000
TOTAL 64,000 86,500 103,700 90,800 131,000 98,450 81,150 102,500 102,950 112,700 973,750
</TABLE>
