SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
________________
SCHEDULE 14D-1/A
Tender Offer Statement Pursuant to Section
14(d)(1) of the Securities Exchange Act of 1934
(Amendment No. 4)
Grow Group, Inc.
(Name of Subject Company)
GDEN Corporation
(Bidder)
an indirect wholly owned subsidiary of
Imperial Chemical Industries PLC
Common Stock, $.10 Par Value
(Title of Class of Securities)
39382-010
(CUSIP Number of Class of Securities)
Stanley A. Lockitski
The Glidden Company
925 Euclid Avenue
Cleveland, Ohio 44115
(Name, Address and Telephone Number
of Person Authorized to Receive Notices
and Communications on Behalf of Bidder)
Copies to:
Paul R. Kingsley
Davis Polk & Wardwell
450 Lexington Avenue
New York, New York 10017
Telephone: (212) 450-4000
SCHEDULE 14D-1/A
______________________________ ________________________________
| | | |
|CUSIP No. 39382-010 | | Page 2 |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | Imperial Chemical Industries PLC |
| | |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | SOURCE OF FUNDS* |
| | AF |
|____|____________________________________________________________________|
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED _ |
| | PURSUANT TO ITEMS 2(d) or 2(E) |_| |
| | |
|____|____________________________________________________________________|
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | England |
|____|____________________________________________________________________|
| | 7 | SOLE VOTING POWER |
| | | -0- (see Item 6) |
| NUMBER OF |____|_______________________________________________|
| SHARES | 8 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- (see Item 6) |
| OWNED BY |____|_______________________________________________|
| EACH | 9 | SOLE DISPOSITIVE POWER |
| REPORTING | | -0- (see Item 6) |
| PERSON |____|_______________________________________________|
| WITH | 10 | SHARED DISPOSITIVE POWER |
| | | -0- (see Item 6) |
|____________________|____|_______________________________________________|
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | -0- (see Item 6) |
|____|____________________________________________________________________|
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
| | 0% |
|____|____________________________________________________________________|
| 14 | TYPE OF REPORTING PERSON* |
| | HC, CO |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 14D-1/A
______________________________ ________________________________
| | | |
|CUSIP No. 39382-010 | | Page 3 |
|____________________________| |______________________________|
___________________________________________________________________________
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | GDEN Corporation |
|____|____________________________________________________________________|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | _ |
| | (a) |_| |
| | _ |
| | (b) |X| |
| | |
|____|____________________________________________________________________|
| 3 | SEC USE ONLY |
| | |
|____|____________________________________________________________________|
| 4 | SOURCE OF FUNDS* |
| | AF |
|____|____________________________________________________________________|
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED _ |
| | PURSUANT TO ITEMS 2(d) or 2(E) |_| |
| | |
|____|____________________________________________________________________|
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | New York |
|____|____________________________________________________________________|
| | 7 | SOLE VOTING POWER |
| | | -0- (see Item 6) |
| NUMBER OF |____|_______________________________________________|
| SHARES | 8 | SHARED VOTING POWER |
| BENEFICIALLY | | -0- (see Item 6) |
| OWNED BY |____|_______________________________________________|
| EACH | 9 | SOLE DISPOSITIVE POWER |
| REPORTING | | -0- (see Item 6) |
| PERSON |____|_______________________________________________|
| WITH | 10 | SHARED DISPOSITIVE POWER |
| | | -0- (see Item 6) |
|____________________|____|_______________________________________________|
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | -0- (see Item 6) |
|____|____________________________________________________________________|
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES _ |
| | CERTAIN SHARES* |_| |
|____|____________________________________________________________________|
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
| | 0% |
|____|____________________________________________________________________|
| 14 | TYPE OF REPORTING PERSON* |
| | CO |
|____|____________________________________________________________________|
*SEE INSTRUCTIONS BEFORE FILLING OUT!
This amends and supplements the Tender Offer Statement on Schedule 14D-1 of
GDEN Corporation, a New York corporation ("Purchaser"), and Imperial Chemical
Industries PLC, a corporation organized under the laws of England and the
parent corporation of Purchaser ("Parent"), filed by Purchaser and Parent with
the Securities and Exchange Commission (the "Commission") on May 4, 1995 (the
"Schedule 14D-1"), as amended by Amendment No. 1 filed on May 5, 1995 and
Amendment No. 2 filed on May 9, 1995 and Amendment No. 3 filed on May 12,
1995, in connection with the offer by Purchaser for all outstanding shares of
Common Stock, $.10 par value, of Grow Group, Inc., a New York corporation (the
"Company"). Unless otherwise indicated, all capitalized terms used herein
shall have the same meaning as set forth in the Schedule 14D-1.
Item 10. Additional Information.
(c) On Tuesday, May 15, 1995, Purchaser was informed by the FTC that early
termination of the waiting period under the HSR Act applicable to the
purchase of Shares pursuant to the Offer had been granted.
(e) With respect to the complaint filed on May 8, 1995 in the Supreme
Court of the State of New York, County of New York, by Sherwin-Williams, as
the plaintiff, against the Company, its directors, Parent and Purchaser, as
the defendants, in an action for breach of fiduciary duty and violation of
the New York Law, which complaint is described in Purchaser and Parent's
Amendment No. 2 to the Schedule 14D-1, the court held a hearing on May 18,
1995 on Sherwin-Williams' motion for preliminary injunctive relief to
enjoin the formal bidding procedures instituted by the Company on May 17,
1995 (a copy of the letter dated May 17, 1995 from the Company to both
Parent and Sherwin Williams setting forth the procedures is included as an
exhibit to the Company's Amendment No. 7 to the Schedule 14D-9 filed with
the Commission on May 17, 1995). At such hearing, the court denied
Sherwin-Williams' motion.
Parent understands that on May 9, 1995, a complaint was filed naming the
Company and its directors as defendants in a class action for breach of
fiduciary duty. The complaint was filed with the Supreme Court of the
State of New York, County of New York. The plaintiff in such action is
Kenneth Steiner. The complaint alleges that the defendants breached their
fiduciary duties by entering into the Merger Agreement and by excluding
Sherwin Williams from bidding to acquire the Company and failing to seek
other bids. The complaint seeks, among other things, injunctive relief and
unspecified damages.
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: May 19, 1995
GDEN CORPORATION
By /s/ John Thompson
______________________________
Name: John Thompson
Title: President
IMPERIAL CHEMICAL INDUSTRIES PLC
By /s/ John Thompson
______________________________
Name: John Thompson
Title: Attorney-in-Fact
