AMERICAN CYANAMID CO
SC 14D1/A, 1994-08-25
CHEMICALS & ALLIED PRODUCTS
Previous: DEAN WITTER SELECT EQUITY TRUST BANK STOCK PORTFOLIO SER 2, S-6EL24, 1994-08-24
Next: AMES DEPARTMENT STORES INC, 8-K, 1994-08-25



- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
 
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                            ------------------------
                                AMENDMENT NO. 5
                                       TO
                                 SCHEDULE 14D-1
                             TENDER OFFER STATEMENT
      PURSUANT TO SECTION 14(D)(1) OF THE SECURITIES EXCHANGE ACT OF 1934
                            ------------------------
                           AMERICAN CYANAMID COMPANY
                           (Name of Subject Company)
                              AC ACQUISITION CORP.
                       AMERICAN HOME PRODUCTS CORPORATION
                                    (Bidder)
                    COMMON STOCK, $5.00 PAR VALUE PER SHARE
                         (Title of Class of Securities)
                                   025321100
                     (CUSIP Number of Class of Securities)
                              LOUIS L. HOYNES, JR.
                   SENIOR VICE PRESIDENT AND GENERAL COUNSEL
                       AMERICAN HOME PRODUCTS CORPORATION
                               FIVE GIRALDA FARMS
                           MADISON, NEW JERSEY 07940
                           TELEPHONE: (201) 660-5000
            (Name, Address and Telephone Number of Person Authorized
           to Receive Notices and Communications on Behalf of Bidder)
                                    COPY TO:
                             CHARLES I. COGUT, ESQ.
                           SIMPSON THACHER & BARTLETT
                              425 LEXINGTON AVENUE
                            NEW YORK, NEW YORK 10017
                           TELEPHONE: (212) 455-2000
 
                              PAGE 1 OF     PAGES
                   THE EXHIBIT INDEX IS LOCATED ON PAGE
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
<PAGE>

     This Amendment No. 5 amends and supplements the Tender Offer Statement
Schedule 14D-1 filed on August 10, 1994 (as amended, the "Schedule 14D-1")
relating to the offer by AC Acquisition Corp., a Delaware corporation (the
"Purchaser") and a wholly owned subsidiary of American Home Products
Corporation, a Delaware corporation (the "Parent"), to purchase all of the
outstanding shares of Common Stock, $5.00 par value per share (the "Shares"), of
American Cyanamid Company, a Maine corporation (the "Company"), and (unless and
until the Purchaser declares that the Rights Condition as defined in the Offer
to Purchase referred to below is satisfied) the associated Preferred Stock
Purchase Rights (the "Rights") issued pursuant to the Rights Agreement dated as
of March 10, 1986, as amended, between the Company and Mellon Bank, N.A., as
successor Rights Agent, at a purchase price of $101.00 per Share (and associated
Right), 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 August 10,
1994, as amended and supplemented on August 23, 1994 (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 10. ADDITIONAL INFORMATION.
 
     Items 10(b), (c) and (e) of the Schedule 14D-1 are hereby amended and
supplemented as follows:
 
     On August 25, 1994, the Company and the Parent issued a joint press release
announcing the receipt of a request by the FTC for additional information in
connection with the Parent's HSR Act filing. The full text of the press release
is set forth in Exhibit 11(a)(19) and is incorporated herein by reference.

ITEM 11. MATERIAL TO BE FILED AS EXHIBITS.
 
     Item 11 of the Schedule 14D-1 is hereby amended and supplemented to add 
the following:

     11(a)(19)  Joint press release issued by the Parent and the Company on
                August 25, 1994.


                                       2
<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.
 
                                          AMERICAN HOME PRODUCTS CORPORATION
 
                                           By: /s/ ROBERT G. BLOUNT
                                              ..................................
                                              Name: Robert G. Blount
                                              Title:   Executive Vice President
                                                       and Chief Financial
                                                       Officer
 
                                          AC ACQUISITION CORP.
 
                                           By:   /s/ ROBERT G. BLOUNT
                                              ..................................
                                              Name: Robert G. Blount
                                              Title:   Vice President
 
Date: August 25, 1994
 
                                       3
<PAGE>
                                 EXHIBIT INDEX
 
 EXHIBIT                                                                    PAGE
   NO.                               DESCRIPTION                             NO.
- ---------  ---------------------------------------------------------------  ----
11(a)(19)  Joint press release issued by the Parent and the Company on
           August 25, 1994 ...............................................


                                       4





 




CONTACTS:
- ---------

                                       
American Home Products                          American Cyanamid
Investor:                                       Charlotte D. Cuff
John R. Considine                               (201) 831-2172
(201) 660-6429                                  Edwina G. Sanders
Media:                                          (201) 831-2206
Louis V. Cafiero
(201) 660-5013  



           AMERICAN HOME PRODUCTS AND AMERICAN CYANAMID
           --------------------------------------------
     RECEIVE SECOND REQUEST FROM THE FEDERAL TRADE COMMISSION
     --------------------------------------------------------

     MADISON AND WAYNE, NJ, AUGUST 25, 1994 -- American Home

Products Corporation (NYSE: AHP) and American Cyanamid Company

(NYSE: ACY) today announced that the Federal Trade Commission has

requested additional information in connection with American

Home Products' Hart-Scott-Rodino filing relating to the previously

announced tender offer for shares of American Cyanamid common

stock.  The companies intend to respond to the FTC request

promptly.




                             #   #   #




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission