DATAPOINT CORP
SC 13E4, 1996-08-07
ELECTRONIC COMPUTERS
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<PAGE>

                          SECURITIES AND EXCHANGE COMMISSION
                                WASHINGTON, D.C. 20549


                                    SCHEDULE 13E-4


                            ISSUER TENDER OFFER STATEMENT
        (PURSUANT TO SECTION 13(e)(1) OF THE SECURITIES EXCHANGE ACT OF 1934)


                                DATAPOINT CORPORATION
                                ---------------------
                                   (NAME OF ISSUER)

                                DATAPOINT CORPORATION
                                ---------------------
                         (Name of Person(s) filing statement)

     $1.00 EXCHANGEABLE PREFERRED STOCK, $20.00 LIQUIDATION PREFERENCE PER SHARE
     ---------------------------------------------------------------------------
                            (Title of class of securities)

                                        2381 00309
                        ---------------------------------------
                        (CUSIP number of class of securities)

                                  Gerald N. Agranoff
                          Vice President and General Counsel
                                Datapoint Corporation
                                 8410 Datapoint Drive
                            San Antonio, Texas 78229-4500
                                    (210) 593-7000
           ----------------------------------------------------------------
         (Name, address, including ZIP Code, and telephone number, including
                           area code, of agent for service)

                                 Selig D. Sacks, Esq.
                           Pryor, Cashman, Sherman & Flynn
                                   410 Park Avenue
                                 New York, NY  10022
                                    (212) 421-4100
           ----------------------------------------------------------------
   (Name, address and telephone number of person authorized to receive notices
          and communications on behalf of the person(s) filing statement)


             ------------------------------------------------------------
        (Date tender offer first published, sent or given to security holders)


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                              Calculation of filing fee
   ____________________________________________________________________________
              Transaction valuation                   Amount of filing fee

              $7,121,963.50                           $1,425.00*
   ____________________________________________________________________________

[X] Check box if any part of the fee is offset as provided by Rule 0-11(a)(2)
and identify the filing with which the offsetting fee was previously paid.
Identify the previous filing by registration statement number, or the form or
schedule and the date of its filing.


   * The filing fee has been calculated pursuant to Rule 0-11 (b) as follows: 
one-fiftieth of one percent of the value of the $1.00 Exchangeable Preferred 
Stock, $20.00 liquidation preference per share, to be received by the filing 
person in the Exchange Offer (as defined herein), assuming that all 
outstanding shares of $1.00 Exchangeable Preferred Stock are tendered in the 
Exchange Offer. Pursuant to Rule 0-11 (a)(4), the market value of the $1.00 
Preferred Stock was based upon the average of the high and low prices 
reported in the consolidated system as of July 31, 1996.

Amount previously paid: $1,425.00
                        ---------

Filing Party: DATAPOINT CORPORATION
              ---------------------

Form or Registration no.: REGISTRATION STATEMENT ON FORM S-4 UNDER THE
                          --------------------------------------------
                          SECURITIES ACT OF 1933, AS AMENDED.
                          -----------------------------------

Date Filed: August 6, 1996.
            -----------------------
                                          2


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                            CROSS REFERENCE SHEET PURSUANT
                          TO INSTRUCTION B ON SCHEDULE 13E-4
                         -----------------------------------

    The following is a cross-reference sheet pursuant to General Instruction 
B to Schedule 13E-4 showing the location of the information required by 
Schedule 13E-4 in the preliminary Proxy Statement/Prospectus (the "Proxy 
Statement/Prospectus") of Datapoint Corporation ("Datapoint") filed as part 
of the Registration Statement on Form S-4 filed with the Securities and 
Exchange Commission on August 6, 1996, Registration No 333-9627.  The 
cross-reference sheet indicates the caption in the Proxy Statement/Prospectus 
in which the response to each item of this Schedule 13E-4 may be found, and 
such responses are incorporated herein by reference.  If any such item is 
inapplicable or the answer thereto is negative and is omitted from the Proxy 
Statement/Prospectus, it is so indicated in the cross-reference sheet. Unless 
otherwise indicated herein, the terms used herein have the meanings ascribed 
to them in the Proxy Statement/Prospectus.

                                          3


<PAGE>

Item 1.  SECURITY AND ISSUER.
         --------------------

              (a) INTRODUCTION; SUMMARY -- The Company; SUMMARY -- Purpose and
              Effects of the Exchange Offer; BUSINESS OF THE COMPANY --
              General; ANNEX A - DESCRIPTION OF PREFERRED STOCK.

              (b) INTRODUCTION; SUMMARY; BACKGROUND; PURPOSE AND EFFECT OF
              EXCHANGE OFFER -- Background; Purposes and Effects of the
              Exchange Offer and the Preferred Stock Reclassification;
              DESCRIPTION OF COMMON STOCK; SECURITY OWNERSHIP OF CERTAIN
              BENEFICIAL OWNERS AND MANAGEMENT; ANNEX A - DESCRIPTION OF
              PREFERRED STOCK.

              (c) INTRODUCTION; SUMMARY; MARKET PRICES FOR PREFERRED STOCK AND
              COMMON STOCK -- Preferred Stock; RISK FACTORS;  ANNEX A -
              DESCRIPTION OF PREFERRED STOCK.

              (d) Not Applicable.

Item 2.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
         --------------------------------------------------

              (a) INTRODUCTION; SUMMARY -- Purpose and Effects of the Exchange
              Offer, -- The Exchange Offer, -- The Preferred Stock Amendment;
              THE EXCHANGE OFFER AND STOCK SOLICITATION; THE PREFERRED STOCK
              AMENDMENT.

              (b) Not Applicable.

Item 3.  PURPOSE OF THE TENDER OFFER AND PLANS OR PROPOSALS OF THE ISSUER OR
         -------------------------------------------------------------------
         AFFILIATE.
         ----------

              INTRODUCTION; SUMMARY; THE EXCHANGE OFFER AND STOCK SOLICITATION.

              (a) Not Applicable.

              (b) Not Applicable.

              (c) INTRODUCTION; RISK FACTORS -- RISKS ASSOCIATED WITH THE
              COMPANY IN GENERAL -- Financial Condition of the Company;
              BACKGROUND; PURPOSES AND EFFECTS OF THE EXCHANGE OFFER --
              Background; MANAGEMENT'S DISCUSSIONS AND ANALYSIS OF FINANCIAL
              CONDITION AND RESULTS OF OPERATION; BUSINESS OF THE COMPANY.

              (d)  SUMMARY; MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
              CONDITION AND RESULTS OF OPERATIONS; ELECTION OF DIRECTORS.

              (e) Not Applicable.

              (f) Not Applicable.

              (g) Not Applicable.

              (h) SUMMARY -- The Exchange Offer and Stock Solicitation; RISK
              FACTORS -- RISKS ASSOCIATED WITH RETENTION OF THE PREFERRED STOCK
              -- NYSE Listing; BACKGROUND; PURPOSES AND EFFECTS OF THE EXCHANGE
              OFFER -- Purposes and Effects of the Exchange Offer and the
              Preferred Stock Reclassification, -- Certain Effects of the
              Exchange Offer on the Market for the Preferred Stock; Exchange
              Act Registration, -- Conditions.

                                          4


<PAGE>

              (i) SUMMARY -- The Exchange Offer and Stock Solicitation; RISK
              FACTORS -- RISKS ASSOCIATED WITH RETENTION OF THE PREFERRED STOCK
              -- NYSE Listing; BACKGROUND; PURPOSES AND EFFECTS OF THE EXCHANGE
              OFFER -- Purposes and Effects of the Exchange Offer and the
              Preferred Stock Reclassification, -- Certain Effects of the
              Exchange Offer on the Market for the Preferred Stock; Exchange
              Act Registration, -- Conditions.

              (j)  SUMMARY -- The Exchange Offer and Stock Solicitation; RISK
              FACTORS --  RISKS ASSOCIATED WITH RETENTION OF THE PREFERRED
              STOCK -- NYSE Listing; BACKGROUND; PURPOSES AND EFFECTS OF THE
              EXCHANGE OFFER -- Purposes and Effects of the Exchange Offer and
              the Preferred Stock Reclassification, --  Certain Effects of the
              Exchange Offer on the Market for the Preferred Stock; Exchange
              Act Registration, -- Conditions.

Item 4.  INTEREST IN SECURITIES OF THE ISSUER
         ------------------------------------

              (a) Not Applicable.

Item 5.  CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
         ---------------------------------------------------------------------
         TO THE ISSUER'S SECURITIES
         --------------------------

              SUMMARY -- The Exchange Offer -- Vote Required; COMPENSATION
              COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION; CERTAIN
              RELATIONSHIPS AND RELATED TRANSACTIONS.

Item 6.  PERSONS RETAINED, EMPLOYED OR TO BE COMPENSATED
         -----------------------------------------------

              INTRODUCTION; SUMMARY -- General --  Solicitation Agent;
              BACKGROUND; PURPOSES AND EFFECTS OF THE EXCHANGE OFFER AND STOCK
              SOLICITATION -- Solicitation Agent.

Item 7.  FINANCIAL INFORMATION
         ---------------------

              (a) DATAPOINT CORPORATION AND SUBSIDIARIES FINANCIAL STATEMENTS
              AND OTHER FINANCIAL INFORMATION (See Index to Financial
              Statements).

              (b) SUMMARY -- HISTORICAL AND PRO FORMA UNAUDITED CAPITALIZATION;
              SELECTED CONSOLIDATED FINANCIAL DATA; UNAUDITED PRO FORMA
              FINANCIAL STATEMENTS.

Item 8.  ADDITIONAL INFORMATION
         ----------------------

              (a) Not Applicable.

              (b) Not Applicable.

              (c) Not Applicable.

              (d) Not Applicable.

              (e) Not Applicable.

Item 9.  MATERIAL TO BE FILED AS EXHIBITS.
         ---------------------------------

              (a) Proxy Statement/Prospectus filed as part of Registration
                  Statement on Form S-4 filed on August 6, 1996, Registration 
                  No. 333-9627, and incorporated herein by reference.

              (b) Not Applicable.

              (c) Not Applicable.
                                          5



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              (d) Not Applicable.

              (e) Proxy Statement/Prospectus filed as part of Registration
                  Statement on Form S-4 filed on August 6, 1996, Registration 
                  No. 333-9627, and incorporated herein by reference.

              (f) Proxy Statement/Prospectus filed as part of Registration
                  Statement on Form S-4 filed on August 6, 1996, Registration 
                  No. 333-9627, and incorporated herein by reference.



                                          6


<PAGE>

                                      SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify that the
information set forth in the statement is true, complete and correct.



August 7, 1996               /s/ Gerald N. Agranoff
                        -------------------------------------------------------
                                                 (Signature)

                        Vice President, General Counsel and Corporate Secretary
                        -------------------------------------------------------
                                                 (Name and Title)

                                          7



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