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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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Amendment No. 1 to
SCHEDULE 14D-1
Tender Offer Statement Pursuant to
Section 14(d)(1) of the Securities Exchange Act of 1934
and
Amendment No. 2 to
SCHEDULE 13D
under the Securities Exchange Act of 1934
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RELTEC CORPORATION
(Name of Subject Company)
GEC Acquisition Corp.
GEC Incorporated
The General Electric Company, p.l.c.
(Not Affiliated with the U.S. Based Corporation With a Similar Name)
(Bidders)
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Common Stock, Par Value $.01 Per Share
(Title of Class of Securities)
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759527-10-4
(CUSIP Number of Each Class of Securities)
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Patricia A. Hoffman
GEC Incorporated
(c/o Videojet Systems International, Inc.)
1500 Mittel Boulevard
Wood Date, IL 60191-1073
(603) 238-3995
(Name, Address and Telephone Number of Persons Authorized to
Receive Notices and Communications on Behalf of Bidders)
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Copy to: Copy to:
Jeffrey I. Gordon, Esq. Philip A. Gelston, Esq.
Mark S. Wojciechowski, Esq. Cravath, Swaine & Moore
Mayer, Brown & Platt Worldwide Plaza
1675 Broadway 825 Eighth Avenue
New York, NY 10019 New York, NY 10019
(212) 506-2500 (212) 474-1000
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Page 1 of 6 pages
<PAGE>
14D-1 and 13D
CUSIP No. 759527-10-4 Page 2 of 6 pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GEC Acquisition Corp.
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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 IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 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
45,831,283
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8 CHECK 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 81.2% OF THE COMMON STOCK OUTSTANDING
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10 TYPE OF REPORTING PERSON
CO
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Page 2 of 6 pages
<PAGE>
14D-1 and 13D
CUSIP No. 759527-10-4 Page 3 of 6 pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GEC Incorporated
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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 IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 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
45,831,283
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8 CHECK 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 81.2% OF THE COMMON STOCK OUTSTANDING
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10 TYPE OF REPORTING PERSON
CO
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Page 3 of 6 pages
<PAGE>
14D-1 and 13D
CUSIP No. 759527-10-4 Page 4 of 6 pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The General Electric Company, p.l.c.
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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
BK, OO
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(e) or 2(f) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
ENGLAND AND WALES
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7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
45,831,283
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8 CHECK 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 81.2% OF THE COMMON STOCK OUTSTANDING
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10 TYPE OF REPORTING PERSON
CO
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Page 4 of 6 pages
<PAGE>
GEC Incorporated, GEC Acquisition Corp. and The General Electric
Company, p.l.c. hereby amend and supplement their combined Tender Offer
Statement on Schedule 14D-1 ("Schedule 14D-1") and Amendment No. 1
Statement on Schedule 13D originally filed on March 5, 1999 (the
"Statement"), with respect to an offer (the "Offer") to purchase all
outstanding shares of common stock, $0.01 par value, of Reltec Corporation,
a Delaware corporation (the "Company") on the terms described in the Offer
to Purchase dated March 5, 1999. Capitalized terms not defined have the
meanings assigned thereto in the Statement.
Item 10. Additional Information.
Item 10 (c) and (f) of the Schedule 14D-1 is hereby amended and
supplemented by adding the following to the Offer to Purchase incorporated
therein by reference:
"At 11:59 p.m. on March 22, 1999, the waiting period under the
Competition Act (Canada) expired, and on March 24, 1999, the Director
of Investigation and Research issued an advance ruling certificate
under the Competition Act (Canada). On March 23, 1999, Parent was
informed by the FTC that the waiting period under the HSR Act had been
terminated. On March 24, 1999, the German Federal Cartel Office issued
a confirmation that the conditions for a prohibition in section 36
paragraph 1 of the German Act are not fulfilled."
Item 10(f) of the Schedule 14D-1 is hereby amended and supplemented as
follows:
(a) the fifth sentence of the last paragraph of Section 8
"Certain Information Concerning the Company" of the Offer to Purchase
incorporated therein by reference is hereby amended and restated in
its entirety as follows:
"None of the Purchaser, Parent or GEC, p.l.c. or their
respective financial advisors assumes any responsibility for the
accuracy of any of the projections."
(b) the fourth sentence of the last paragraph of Section 9
"Certain Information Concerning the Purchaser, Parent and GEC, p.l.c."
of the Offer to Purchase incorporated therein by reference is hereby
amended and restated in its entirety as follows:
"Such information is provided for supplemental purposes
only."
(c) item (v) in the first paragraph of Section 14 "Certain
Conditions of the Offer" of the Offer to Purchase incorporated therein
by reference is hereby amended and restated in its entirety as
follows:
"at any time on or after March 1, 1999 and prior to the
Expiration Date, any of the following conditions occur:"
(d) the clause following item (g) of Section 14 "Certain
Conditions of the Offer" of the Offer to Purchase incorporated therein
by reference is hereby amended and restated in its entirety as
follows:
"which, in the sole reasonable judgment of Parent or the
Purchaser in any such case, and regardless of the circumstances
(including any action or omission by the Purchaser) giving rise
to any such condition makes it inadvisable to proceed with such
acceptance for payment or payments."
Page 5 of 6 pages
<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: March 25, 1999
GEC ACQUISITION CORP.,
By /s/ Patricia Hoffman
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Name: Patricia Hoffman
Title: Director
GEC INCORPORATED,
By /s/ Michael Lester
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Name: Michael Lester
Title: Director
THE GENERAL ELECTRIC COMPANY, P.L.C.,
By /s/ Michael Lester
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Name: Michael Lester
Title: Director
Page 6 of 6 pages
