JPS PACKAGING CO
SC TO-T/A, 2000-11-29
PAPERBOARD CONTAINERS & BOXES
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                             ----------------------

                               AMENDMENT NO. 3 TO
                                   SCHEDULE TO

          TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1) OF
                       THE SECURITIES EXCHANGE ACT OF 1934
                             ----------------------

                              JPS PACKAGING COMPANY
                       (Name of Subject Company (Issuer))

                         JPS ACQUISITION, INC. (Offeror)
                   PECHINEY PLASTIC PACKAGING, INC. (Offeror)
                       (Name of Filing Persons (Offerors))

                     COMMON STOCK, PAR VALUE $0.01 PER SHARE
                         (Title of Class of Securities)

                                    46623H102
                      (CUSIP Number Of Class Of Securities)

                         MIKE J. HOOVER, GENERAL COUNSEL
                           8770 WEST BRYN MAWR AVENUE
                                 MAIL SUITE 06H
                          CHICAGO, ILLINOIS 60631-3542
                            TELEPHONE: (773) 399-8000
   (Name, Address and Telephone Number of Person Authorized to Receive Notices
                 and Communications on Behalf of Filing Persons)

                                 WITH A COPY TO:

                               ROBERT BOUMA, ESQ.
                              HEIDI J. STEELE, ESQ.
                             MCDERMOTT, WILL & EMERY
                              227 W. MONROE STREET
                             CHICAGO, ILLINOIS 60606
                            TELEPHONE: (312) 372-2000


<PAGE>

[ ]      Check  the  box  if  the  filing   relates   solely  to  preliminary
         communications made before the commencement of a tender offer.

Check the  appropriate  boxes below to designate any  transactions  to which the
statement relates:

[X]      third-party tender offer subject to Rule 14d-1.

[ ]      issuer tender offer subject to Rule 13e-4.

[ ]      going-private transaction subject to Rule 13e-3.

[ ]      amendment to Schedule 13D under Rule 13d-2.

Check the following box if the filing is a final amendment reporting the results
of the tender offer: [x ]
--------------------------------------------------------------------------------

         This Amendment No. 3 amends and  supplements the Tender Offer Statement
on Schedule TO filed by Pechiney Plastic Packaging, Inc., a Delaware corporation
("Parent"), and JPS Acquisition,  Inc., a Delaware corporation (the "Purchaser")
and a wholly owned  subsidiary  of Parent,  on October 30,  2000,  as amended by
Amendment  No. 1 filed on November 7, 2000 and Amendment No. 2 filed on November
14,  2000.  The  Schedule TO relates to the offer by  Purchaser  to purchase all
outstanding shares of common stock, par value $0.01 per share (the "Shares"), of
JPS Packaging  Company,  a Delaware  corporation (the  "Company"),  at $7.86 per
Share,  net to the seller in cash,  upon the terms and subject to the conditions
set  forth in the Offer to  Purchase,  dated  October  30,  2000 (the  "Offer to
Purchase"), and the related Letter of Transmittal, copies of which were filed as
Exhibits  (a)(1) and  (a)(2),  respectively,  and which  have been  incorporated
herein by reference (which, together with any amendments or supplements thereto,
collectively  constitute the "Offer"). The information set forth in the Offer is
incorporated  herein by  reference  with  respect to Items 1 through 9 and 11 of
this Schedule TO.  Except as amended and  supplemented  hereby,  the Schedule TO
remains in effect. All terms used but not defined herein shall have the meanings
set forth in the Offer to Purchase.

ITEMS 1 THROUGH 9 AND 11

The Offer  terminated  at 5:00 p.m.,  New York City Time on November  28,  2000.
Based on  information  provided by the  Depositary,  as of such time,  5,336,188
Shares  had been  tendered,  which  constitutes  approximately  96% of the total
Shares  outstanding.  Approximately  6,800  Shares  were  tendered  by notice of
guaranteed  delivery.  Purchaser  has  accepted  all  properly  tendered and not
withdrawn  Shares for prompt payment.  After giving effect to the results of the
tender offer, Purchaser will own approximately 96% of the outstanding Shares.

ITEM 12. EXHIBITS.

Item 12 of the  Schedule TO is hereby  amended and  supplemented  to include the
following exhibit:

99(a)(11)  Press Release issued by the Purchaser on November 29, 2000.


<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.

                                           PECHINEY PLASTIC PACKAGING, INC.

                                           By: /s/  Mike J. Hoover
                                               --------------------
                                               Name: Mike J. Hoover
                                               Title: Vice President, General
                                                        Counsel and Secretary

                                           JPS ACQUISITION, INC.

                                           By: /s/ Mike J. Hoover
                                               --------------------
                                               Name: Mike J. Hoover
                                               Title:  Secretary


Dated:   November 29, 2000





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