<PAGE>
- - -------------------------------------------------------------------------------
- - -------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------------
SCHEDULE 14D-1
TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
AND
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)**
----------------
FOODBRANDS AMERICA, INC.
(NAME OF SUBJECT COMPANY)
IBP SUB, INC.
A WHOLLY OWNED SUBSIDIARY OF
IBP FOODSERVICE, L.L.C.
A WHOLLY OWNED SUBSIDIARY OF
IBP, INC.
(BIDDERS)
COMMON STOCK, $.01 PAR VALUE PER SHARE
(TITLE OF CLASS OF SECURITIES)
344822 10 1
(CUSIP NUMBER OF CLASS OF SECURITIES)
LONNIE O. GRIGSBY, ESQ. COPIES TO:
EXECUTIVE VICE PRESIDENT AND GENERAL JOSEPH H. NESLER, ESQ.
COUNSEL SIDLEY & AUSTIN
IBP, INC. ONE FIRST NATIONAL PLAZA
IBP AVENUE CHICAGO, ILLINOIS 60603
POST OFFICE BOX 515 (312) 853-7000
DAKOTA CITY, NEBRASKA 68731
(402) 494-2061
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO
RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF BIDDERS)
*Constituting the final amendment to Schedule 14D-1.
**This Amendment No. 1 to Schedule 14D-1 also constitutes Amendment No. 1 to
the Statement on Schedule 13D of IBP, inc., IBP Foodservice, L.L.C. and IBP
Sub, Inc. filed with respect to the shares of Common Stock, $.01 par value
per share, of Foodbrands America, Inc. beneficially owned by IBP, inc., IBP
Foodservice, L.L.C. and IBP Sub, Inc.
- - -------------------------------------------------------------------------------
- - -------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 344822 10 1 14D-1 and 13D Page 2 of 6 Pages
- - --------------------------------------------------------------------------------
1.
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
IBP, INC. 42-0838666
- - --------------------------------------------------------------------------------
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS)
(A) [X]
(B) [_]
- - --------------------------------------------------------------------------------
3.
SEC USE ONLY
- - --------------------------------------------------------------------------------
4.
SOURCES OF FUNDS (SEE INSTRUCTIONS) WC, BK
- - --------------------------------------------------------------------------------
5.
CHECK BOX 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
12,079,540*
- - --------------------------------------------------------------------------------
8.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 7 EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS)
[_]
- - --------------------------------------------------------------------------------
9.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 7
APPROXIMATELY 96.9% OF THE SHARES ISSUED AND OUTSTANDING AS OF APRIL 29,
1997*
- - --------------------------------------------------------------------------------
10.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
GM, CO
- - --------------------------------------------------------------------------------
*SEE FOOTNOTE ON FOLLOWING PAGE.
2
<PAGE>
CUSIP NO. 344822 10 1 14D-1 and 13D Page 3 of 6 Pages
- - --------------------------------------------------------------------------------
1.
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
IBP FOODSERVICE, L.L.C. 91-1789835
- - --------------------------------------------------------------------------------
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS)
(A) [X]
(B) [_]
- - --------------------------------------------------------------------------------
3.
SEC USE ONLY
- - --------------------------------------------------------------------------------
4.
SOURCES OF FUNDS (SEE INSTRUCTIONS) WC, BK
- - --------------------------------------------------------------------------------
5.
CHECK BOX 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
12,079,540*
- - --------------------------------------------------------------------------------
8.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 7 EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS)
[_]
- - --------------------------------------------------------------------------------
9.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 7
APPROXIMATELY 96.9% OF THE SHARES ISSUED AND OUTSTANDING AS OF APRIL 29,
1997*
- - --------------------------------------------------------------------------------
10.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
GM, OTHER (LIMITED LIABILITY COMPANY)
- - --------------------------------------------------------------------------------
*SEE FOOTNOTE ON FOLLOWING PAGE.
3
<PAGE>
CUSIP NO. 344822 10 1 14D-1 and 13D Page 4 of 6 Pages
- - -------------------------------------------------------------------------------
1.
NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
IBP SUB, INC. 91-1788691
- - -------------------------------------------------------------------------------
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(SEE INSTRUCTIONS)
(A) [X]
(B) [_]
- - -------------------------------------------------------------------------------
3.
SEC USE ONLY
- - -------------------------------------------------------------------------------
4.
SOURCES OF FUNDS (SEE INSTRUCTIONS) WC, BK
- - -------------------------------------------------------------------------------
5.
CHECK BOX 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
12,079,540*
- - -------------------------------------------------------------------------------
8.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 7 EXCLUDES
CERTAIN SHARES (SEE INSTRUCTIONS)
[_]
- - -------------------------------------------------------------------------------
9.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 7
APPROXIMATELY 96.9% OF THE SHARES ISSUED AND OUTSTANDING AS OF APRIL 29,
1997.*
- - -------------------------------------------------------------------------------
10.
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
GM, CO
- - -------------------------------------------------------------------------------
* As of April 29, 1997, there were (a) 12,465,107 Shares (as defined herein)
issued and outstanding, and (b) outstanding stock options and warrants to
purchase an aggregate of 1,762,752 Shares. Each reporting person owns
approximately 96.9% of the issued and outstanding Shares (approximately 84.9%
on a fully diluted basis). Pursuant to the Agreement and Plan of Merger dated
March 25, 1997 by and among IBP, inc., IBP Sub, Inc. and the Company (as
defined herein), the outstanding stock options and warrants to purchase an
aggregate of 1,762,752 Shares will be cancelled immediately before the merger
of IBP Sub, Inc. with and into the Company. Any Shares not purchased in the
Offer will be cancelled and become the right to receive $23.40 per Share when
the merger of IBP Sub, Inc. with and into the Company is completed.
4
<PAGE>
Page 5 of 6 Pages
This Amendment No. 1 amends and supplements the Tender Offer Statement on
Schedule 14D-1 (the "Schedule 14D-1") which relates to the offer by IBP Sub,
Inc., a Delaware corporation (the "Offeror") and a wholly owned subsidiary of
IBP Foodservice, L.L.C. ("IBP Foodservice"), a Delaware limited liability
company whose sole members are IBP, inc., a Delaware corporation (the
"Parent"), IBP Caribbean Inc., a Cayman Islands company and a wholly owned
subsidiary of the Parent ("IBP Caribbean"), and Prepared Foods, Inc., a Texas
corporation and a wholly owned subsidiary of the Parent ("Prepared Foods"), to
purchase all outstanding shares of Common Stock, par value $.01 per share (the
"Shares"), of Foodbrands America, Inc., a Delaware corporation (the
"Company"), upon the terms and subject to the conditions set forth in the
Offer to Purchase dated April 1, 1997 (the "Offer to Purchase"), and in the
related Letter of Transmittal (which, together with any amendments or
supplements thereto, constitute the "Offer"). This Amendment No. 1, which
constitutes the final amendment to the Schedule 14D-1, also constitutes
Amendment No. 1 to the Statement on Schedule 13D of the Offeror, IBP
Foodservice and the Parent with respect to the Shares beneficially owned by
the Offeror, IBP Foodservice and the Parent.
ITEM 2. IDENTITY AND BACKGROUND
Item 2 is hereby amended and supplemented by adding thereto the following:
IBP Foodservice's sole members are the Parent, IBP Caribbean and Prepared
Foods.
ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY
Item 6 is hereby amended and supplemented by adding thereto the following:
On April 29, 1997, the Offeror accepted for payment a total of 11,581,740
Shares (excluding 35,231 Shares represented by brokers' notices of
guaranteed delivery). Any Shares not purchased in the Offer will be
cancelled and will become the right to receive $23.40 per Share when the
merger of the Offeror with and into the Company is completed.
ITEM 10. ADDITIONAL INFORMATION
Item 10 is hereby amended and supplemented by adding thereto the following:
The Offer terminated at 12:00 midnight, New York City time, on Monday,
April 28, 1997.
5
<PAGE>
Page 6 of 6 Pages
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 1, 1997
IBP, inc.
/s/ Lonnie O. Grigsby
By: _________________________________
Name: Lonnie O. Grigsby
Title: Executive Vice President
& General Counsel
IBP Foodservice, L.L.C.
/s/ Larry Shipley
By: _________________________________
Name: Larry Shipley
Title: President
IBP SUB, INC.
/s/ Larry Shipley
By: _________________________________
Name: Larry Shipley
Title: President
6
<PAGE>
EXHIBIT INDEX
<TABLE>
<CAPTION>
EXHIBIT
-------
<C> <S> <C>
(a)(9) Press release issued by the Parent on April 29, 1997
</TABLE>
<PAGE>
Exhibit (a)(9)
ibp(R) News Release
IBP ANNOUNCES COMPLETION OF
FOODBRANDS TENDER OFFER
Dakota City, Nebraska -- April 29, 1997 -- IBP, inc. (NYSE: IBP) announced
today that it has successfully completed its cash tender offer to acquire the
outstanding shares of common stock of Foodbrands America, Inc. (NYSE: FDB) at a
purchase price of $23.40.
Approximately 11,577,000 shares of the 12,465,017 of issued and outstanding
shares of common stock of Foodbrands (or approximately 93%) were validly
tendered. All such shares were accepted for payment by IBP following completion
of the tender offer on April 28. 35,000 shares were represented by brokers'
notices of guaranteed delivery.
Any Foodbrands shares not purchased in the tender offer will be acquired by
IBP for $23.40 per share when the merger is completed.
####
Contacts: John Borgh, IBP Vice President & Treasurer
402-241-255
Gary Mickelson, IBP Public Affairs Department
402-241-2986
IBP, inc. PUBLIC AFFAIRS DEPARTMENT DAKOTA CITY, NEBRASKA 68731 TELEPHONE:
402-241-2944
