DILLARDS INC
SC 14D1/A, 1998-08-05
DEPARTMENT STORES
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
 
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                                 SCHEDULE 14D-1
 
                             TENDER OFFER STATEMENT
      PURSUANT TO SECTION 14(D)(1) OF THE SECURITIES EXCHANGE ACT OF 1934
 
                               (AMENDMENT NO. 6)
 
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                        MERCANTILE STORES COMPANY, INC.
 
                           (Name of Subject Company)
 
                             MSC ACQUISITIONS, INC.
 
                                DILLARD'S, INC.
 
                                   (Bidders)
 
                   COMMON STOCK, $.14 2/3 PAR VALUE PER SHARE
 
                         (Title of Class of Securities)
 
                                   587533100
                     (CUSIP Number of Class of Securities)
 
                            PAUL J. SCHROEDER, ESQ.
                           VICE PRESIDENT, SECRETARY
                               & GENERAL COUNSEL
                                DILLARD'S, INC.
                               1600 CANTRELL ROAD
                          LITTLE ROCK, ARKANSAS 72201
                           TELEPHONE: (501) 376-5200
            (Name, Address and Telephone Number of Person Authorized
          to Receive Notices and Communications on Behalf of Bidders)
 
                                    COPY TO:
                             ALAN G. SCHWARTZ, ESQ.
                           SIMPSON THACHER & BARTLETT
                              425 LEXINGTON AVENUE
                            NEW YORK, NEW YORK 10017
                           TELEPHONE: (212) 455-2000
 
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    This Amendment No. 6 amends and supplements the Tender Offer Statement on
Schedule 14D-1 filed on May 21, 1998 and amended and supplemented on June 4,
1998, June 8, 1998, July 6, 1998, July 21, 1998 and July 28, 1998 (as amended
and supplemented, the "Schedule 14D-1") relating to the offer by MSC
Acquisitions, Inc., a Delaware corporation (the "Purchaser") and a wholly owned
subsidiary of Dillard's, Inc., a Delaware corporation (the "Parent"), to
purchase all of the outstanding shares of Common Stock, $.14 2/3 par value per
share (the "Shares"), of Mercantile Stores Company, Inc., a Delaware corporation
(the "Company"), at a purchase price of $80 per Share, net to the seller in cash
without interest thereon, upon the terms and subject to the conditions set forth
in the Offer to Purchase dated May 21, 1998 (the "Offer to Purchase") and in the
related Letter of Transmittal. Unless otherwise indicated, all capitalized terms
used but not defined herein shall have the meanings assigned to them in the
Schedule 14D-1.
 
ITEM 5. PURPOSE OF THE TENDER OFFER AND PLANS OR PROPOSALS OF THE BIDDER.
 
    Item 5 of the Schedule 14D-1 is hereby amended and supplemented as follows:
 
    On August 5, 1998, the Parent issued a press release announcing that it has
extended the period during which the Offer will remain open to 5:00 p.m., New
York City Time, on Wednesday, August 12, 1998. Accordingly, the Expiration Date
shall be 5:00 p.m., New York City Time, on Wednesday, August 12, 1998, unless
the Offer is further extended. The full text of the press release is set forth
in exhibit (a)(11) and is incorporated herein by reference.
 
ITEM 10. ADDITIONAL INFORMATION.
 
    Items 10(b), (c) and (e) of the Schedule 14D-1 are hereby amended and
supplemented as follows:
 
    The information provided in this Amendment No. 6 under Item 5 is
incorporated herein by reference.
 
ITEM 11. MATERIAL TO BE FILED AS EXHIBITS.
 
    Item 11 is hereby amended and supplemented to add the following:
 
    (a)(11) Press Release issued by the Parent on August 5, 1998.
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                                   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.
 
<TABLE>
<S>                             <C>  <C>
                                DILLARD'S, INC.
 
                                By   /s/ JAMES I. FREEMAN
                                     -----------------------------------------
                                     Name: James I. Freeman
                                     Title: SENIOR VICE PRESIDENT
                                          AND CHIEF FINANCIAL OFFICER
 
                                MSC Acquisitions, Inc.
 
                                By   /s/ JAMES I. FREEMAN
                                     -----------------------------------------
                                     Name: James I. Freeman
                                     Title: SENIOR VICE PRESIDENT
                                          AND CHIEF FINANCIAL OFFICER
</TABLE>
 
Date: August 5, 1998
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                                 EXHIBIT INDEX
 
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<CAPTION>
 EXHIBIT                                                                                                          PAGE
   NO.                                                DESCRIPTION                                                  NO.
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<S>        <C>                                                                                                <C>
(a)(11)    Press Release issued by the Parent on August 5, 1998.
</TABLE>

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                                                                 Exhibit (a)(11)
 
                                 PRESS RELEASE
 
News Release
For Immediate Release
 
          DILLARD'S, INC. EXTENDS TENDER OFFER THROUGH AUGUST 12, 1998
 
    Little Rock, Arkansas, (August 5, 1998)--Dillard's, Inc. ("Dillard's") today
announced that it has extended the period during which its tender offer for
shares of Mercantile Stores Company, Inc. ("Mercantile") common stock will
remain open to 5:00 p.m., New York City Time, on Wednesday, August 12, 1998.
 
    The extension has been made in order to allow additional time for the
completion of the review of the transaction by the Federal Trade Commission. As
previously announced, the Federal Trade Commission has requested additional
information in connection with Dillard's Hart-Scott-Rodino filing relating to
its tender offer for all of the outstanding shares of Mercantile. Dillard's has
been engaging in discussions with the Federal Trade Commission and currently
expects to satisfactorily resolve any anti-trust concerns prior to August 12,
1998.
 
    As of the close of business on August 4, 1998, approximately 19,468,198
shares of Mercantile common stock had been validly tendered in connection with
the offer.


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