DANAHER CORP /DE/
SC 14D1/A, 1996-07-03
AIR-COND & WARM AIR HEATG EQUIP & COMM & INDL REFRIG EQUIP
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               SECURITIES AND EXCHANGE COMMISSION
                      WASHINGTON, D.C. 20549
                          --------------
                          SCHEDULE 14D-1
               (AMENDMENT NO. 13/FINAL AMENDMENT)
                              AND
                          SCHEDULE 13D
                     TENDER OFFER STATEMENT
             PURSUANT TO SECTIONS 13(D) AND 14(D)(1)
                               OF THE
                 SECURITIES EXCHANGE ACT OF 1934
                    ACME-CLEVELAND CORPORATION
                    (NAME OF SUBJECT COMPANY)
  
                   WEC ACQUISITION CORPORATION
                       DANAHER CORPORATION
                            (BIDDERS)
             COMMON SHARES, PAR VALUE $1 PER SHARE
               (INCLUDING THE ASSOCIATED RIGHTS)
             SERIES A CONVERTIBLE PREFERRED STOCK,
                        WITHOUT PAR VALUE
                  (TITLE OF CLASS OF SECURITIES)
  
                            004626107
              (CUSIP NUMBER OF CLASS OF SECURITIES)
  
                       PATRICK W. ALLENDER
                  WEC ACQUISITION CORPORATION
                    C/O DANAHER CORPORATION
                1250 24TH STREET, N.W., SUITE 800
                     WASHINGTON, D.C.  20037
                    TELEPHONE: (202) 828-0850
   (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED
   TO RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF BIDDERS)
                     ------------------------
  
                             COPY TO:
  
                         MORRIS J. KRAMER
              SKADDEN, ARPS, SLATE, MEAGHER & FLOM
                         919 THIRD AVENUE
                        NEW YORK, NY 10022
                     TELEPHONE: (212) 735-3000

                     ------------------------
  
                    CALCULATION OF FILING FEE

 TRANSACTION VALUATION*                       AMOUNT OF FILING FEE
 $202,437,720                                       $40,487.54
 --------------------------------------------------------------------

 *    For purposes of calculating fee only. This amount assumes the
      purchase at a purchase price of $30 per Share of an aggregate of
      6,747,924 Shares, consisting of 6,430,078 Common Shares, 161,374
      Preferred Shares and 461,472 Shares issuable upon conversion of
      Options (less 305,000 Shares owned by Parent or any of its affili-
      ates).  The amount of the filing fee, calculated in accordance
      with Regulation 240.0-11 of the Securities Exchange Act of 1934,
      as amended, equals 1/50th of one percentum of the value of Shares
      purchased.
  
 [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 STATE-
 MENT NUMBER, OR SCHEDULE AND THE DATE OF ITS FILING.
  

 AMOUNT PREVIOUSLY PAID: $40,487.54        FILING PARTY: WEC Acquisition
                                           Corporation and Danaher      
                                           Corporation

 FORM OR REGISTRATION NO.:                 DATE FILED:  June 3, 1996
 Schedule 14D-1 Amendment No. 10
 Tender Offer Statement
 -----------------------------------------------------------------------



   1.   Name of Reporting Persons:
        S.S. or I.R.S. Identification No. of Above Person
        WEC ACQUISITION CORPORATION

   2.   Check the appropriate box if a member of a group
        (a) / /
        (b) / /

   3.   SEC use only

   4.   Source of funds:
        AF

   5.   Check if disclosure of legal proceedings is required pursuant to
        items 2(e) or 2(f) / /

   6.   Citizenship or place of organization:
        DELAWARE

   7.   Aggregate amount beneficially owned by each reporting person: 
        6,073,177 COMMON SHARES (INCLUDING 558,157 COMMON SHARES SUBJECT
        TO GUARANTEES OF DELIVERY).  SEE ITEM 6.

   8.   Check if the aggregate amount in row (7) excludes certain shares
        / /

   9.   Percent of class represented by amount in row (7):     94.4%

  10.   Type of reporting person:
        CO


   1.   Name of Reporting Persons:
        S.S. or I.R.S. Identification No. of Above Person
        DANAHER CORPORATION

   2.   Check the appropriate box if a member of a group
        (a) / /
        (b) / /

   3.   SEC use only

   4.   Source of funds:
        BK

   5.   Check if disclosure of legal proceedings is required pursuant to
        items 2(e) or 2(f) / /

   6.   Citizenship or place of organization:
        DELAWARE

   7.  Aggregate amount beneficially owned by each reporting person: 
       6,073,177 COMMON SHARES (INCLUDING 558,157 COMMON SHARES SUBJECT
       TO GUARANTEES OF DELIVERY).  SEE ITEM 6.

   8.   Check if the aggregate amount in row (7) excludes certain shares
        / /

   9.   Percent of class represented by amount in row (7):  94.4%

  10.   Type of reporting person:
        CO
                               



      WEC Acquisition Corporation (the "Purchaser"), a Delaware corpora-
 tion and a wholly owned subsidiary of Danaher Corporation ("Parent"),
 and Parent hereby amend their Tender Offer Statement on Schedule 14D-1,
 as heretofore amended (the "Schedule 14D-1"), relating to the
 Purchaser's Offer to purchase all outstanding common shares, par value
 $1 per share (including the associated rights), and all outstanding
 Series A Convertible Preferred Shares, without par value (collectively
 the "Shares"), of Acme-Cleveland Corporation, an Ohio corporation (the
 "Company").  This Statement is also being filed on behalf of Parent and
 the Purchaser for purposes of Schedule 13D of the Securities Exchange
 Act of 1934, as amended.  Capitalized terms used herein and not other-
 wise defined shall have the meanings set forth in the Schedule 14D-1 or
 the Offer to Purchase filed as an exhibit thereto. 
     
 ITEM 6.  INTEREST IN SECURITIES OF THE SUBJECT COMPANY.
  
      The Offer expired at 5:00 p.m., New York City time, on July 2, 1996.
 Based on a preliminary count, a total of approximately 5,768,177 Common 
 Shares (including approximately 588,157 Common Shares subject to guarantees
 of delivery) and 161,374 Preferred Shares (constituting all of the Preferred
 Shares outstanding) were tendered pursuant to the Offer.  All properly 
 tendered Shares have been or will be purchased in accordance with the terms 
 of the Offer.  The Common Shares tendered, together with the Common Shares 
 currently owned by Parent, constitute approximately 94.4% of the outstanding
 Common Shares.  Parent beneficially owns a total of 6,234,551 Common Shares,
 which constitute approximately 94.6% of the total number of Common Shares 
 (including Common Shares issuable upon conversion of the Preferred Shares).

 ITEM 10.  ADDITIONAL INFORMATION.

      As provided in the Merger Agreement, following the completion of the
 Offer, the Company reconstituted its Board of Directors to consist of
 five members, three of whom are designees of Parent, Steven M. Rales,
 Mitchell P. Rales and George M. Sherman.
  
     The information set forth in Exhibit (g)(21) is incorporated herein
 by reference.

 ITEM 11.  MATERIAL TO BE FILED AS EXHIBITS.

 (g)(21)   Press Release, dated July 3, 1996


                               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: July 3, 1996            WEC ACQUISITION CORPORATION 
  

                                    By: /s/ C. Scott Brannan   
                                         Name: C. Scott Brannan
                                         Title: Vice President
                                         Administration and Controller
  
                                 
                                  DANAHER CORPORATION
  
                                    By: /s/ C. Scott Brannan   
                                         Name: C. Scott Brannan
                                         Title: Vice President and
                                         Secretary


                                  EXHIBIT INDEX

 EXHIBIT             EXHIBIT NAME                
 NUMBER
 -----------------------------------------------------------------------
  
 (g)(21)             Press Release, dated July 3, 1996


 Exhibit (g)(21)

           Danaher Completes Tender Offer for Acme-Cleveland

      Washington, D.C., July 3, 1996 -- Danaher Corporation (NYSE: DHR)
 announced today that it had successfully completed its $30 per share
 cash tender offer for all of the outstanding shares of Acme-Cleveland
 Corporation (NYSE: AMT).

      Danaher said that a total of approximately 5,768,177 common shares
 (including approximately 558,157 common shares subject to guarantees of
 delivery) and all of the outstanding preferred shares were tendered
 pursuant to the offer, which expired at 5:00 p.m., New York City time,
 on July 2, 1996.  Danaher added that all properly tendered shares have
 been or will be purchased in accordance with the terms of the offer.
 The shares tendered, together with the shares currently owned by Danaher,
 constitute approximately 94% of Acme-Cleveland's outstanding common shares.

      As previously announced, any Acme-Cleveland shares not purchased in
 the tender offer will be acquired in a subsequent merger transaction at
 the same $30 per share cash price.

      As provided in the merger agreement, following the completion of the
 offer, Acme-Cleveland reconstituted its Board of Directors to
 consist of five members, three of whom are designees of Danaher, 
 Steven M. Rales, Mitchell P. Rales and George M. Sherman.

      Acme-Cleveland Corporation manufactures and sells communication,
 motion control, and measurement products and systems, and related parts
 and services.

      Danaher Corporation is a leading manufacturer of Tools and Compo-
 nents, and Process/Manufacturing Controls.




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