AMERICAN MAIZE PRODUCTS CO
SC 14D1/A, 1995-05-15
GRAIN MILL PRODUCTS
Previous: AMERICAN MAIZE PRODUCTS CO, 10-Q, 1995-05-15
Next: AMERICAN PRECISION INDUSTRIES INC, 10-Q, 1995-05-15



<PAGE>   1
================================================================================

                      SECURITIES AND EXHANGE 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. 8)

                               ----------------

                       AMERICAN MAIZE-PRODUCTS COMPANY
                          (Name of Subject Company)

                               ----------------

                               CERESTAR USA, INC.
                            ERIDANIA BEGHIN-SAY, S.A.
                                    (Bidders)

                               ----------------

                 CLASS A COMMON STOCK, PAR VALUE $0.80 PER SHARE
                         (Title of Class of Securities)
                                  027339 20 9
                      (CUSIP Number of Class of Securities)

                               ----------------

                 CLASS B COMMON STOCK, PAR VALUE $0.80 PER SHARE
                         (Title of Class of Securities)
                                  027339 30 8
                      (CUSIP Number of Class of Securities)

                               ----------------

                               Andrew C. Harvard
                                   President
                               Cerestar USA, Inc.
                         c/o Central Soya Company, Inc.
                     1300 Fort Wayne National Bank Building
                           Fort Wayne, Indiana 46802

                               ------------------

                                    Copy to:

                                 Neil T. Anderson
                                Sullivan & Cromwell
                                  125 Broad Street
                              New York, New York 10004
                                   (212) 558-3653

            (Name, Address, and Telephone Number of Person Authorized  
           to Receive Notices and Communications on Behalf of Bidders)


================================================================================



<PAGE>   2
        This Amendment No. 8, the final amendment, is filed to supplement and
amend the information set forth in the Tender Offer Statement on Schedule 14D-1
filed by Cerestar USA, Inc. (the "Purchaser") and Eridania Beghin-Say, S.A.
(the "Offeror") on February 28, 1995, as amended by Amendment No. 1 filed on
March 14, 1995, Amendment No. 2 filed on March 24, 1995, Amendment No. 3 filed
on March 27, 1995, Amendment No. 4 filed on March 28, 1995, Amendment No. 5
filed on April 11, 1995, Amendment No. 6 filed on April 19, 1995 and Amendment
No. 7 filed on May 8, 1995 to such schedule (the "Schedule 14 D-1"), with
respect to shares of Class A Common Stock, par value $0.80 per share (the
"Class A Common Stock"), and Class B Common Stock, par value $0.80 per share
(the "Class B Common Stock" and together with the Class A Common Stock, the
"Shares"), of American Maize-Products Company (the "Company"). Unless otherwise
indicated, the capitalized terms used herein shall have the meanings specified
in the Schedule 14D-1 including the Offer to Purchase filed as Exhibit (a)(1)
thereto.

Item 10. Additional Information.
         ----------------------

        On May 12, 1995, the Offeror issued a press release announcing the
termination of its tender offer for the Shares of the Company. The number of
Shares deposited as of the close of business on May 12, 1995 was 6,087,812
shares of Class A Common Stock, or approximately 66.7% of the Class A Common
Stock outstanding, and 183,828 shares of Class B Common Stock, or approximately
21.9% of the Class B Common Stock outstanding. The number of Shares tendered was
insufficient to meet the minimum tender conditions set forth in the Offeror's
Offer to Purchase dated February 28, 1995, and accordingly, the tender offer is
terminated as of May 12, 1995. In addition, the Offeror also announced that it
was terminating its February 22, 1995 merger agreement with the Company. The
full text of the press release is attached hereto as Exhibit (a)(17) and is
incorporated herein by reference.

Item 11. Material to be Filed as Exhibits.
         --------------------------------

Exhibit No.     Description
- ----------      -----------

(a)(17)         Press Release, dated May 12, 1995.


                                      1
<PAGE>   3
                                   SIGNATURES

     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 15, 1995


                                           ERIDANIA BEGHIN-SAY, S.A.


                                           By: /s/ STEFANO MELONI
                                              -------------------------
                                               Name:  Stefano Meloni
                                               Title: Chairman


                                           CERESTAR USA, INC.


                                           By: /s/ ANDREW C. HARVARD
                                              -------------------------
                                               Name:  Andrew C. Harvard
                                               Title: President



                                       2
<PAGE>   4
                               INDEX TO EXHIBITS

                                                                     SEQUENTIAL
EXHIBIT NO.     DESCRIPTION                                           PAGE NO.
- -----------     -----------                                          ----------

(a)(17)         Press Release, dated May 12, 1995. 

<PAGE>   1
                                                                EXHIBIT (a)(17)

<PAGE>   2
Contact: David Kronfeld/Barbara Glassman
         Kekst and Company
         212-593-2655

                             FOR IMMEDIATE RELEASE

        ERIDANIA BEGHIN-SAY TO TERMINATE TENDER OFFER FOR AMERICAN MAIZE

Paris, France, May 12, 1995--Eridania Beghin-Say said today that, together with 
its Cerestar USA subsidiary, it is terminating its tender offer for the shares 
of American Maize-Products Company because the minimum conditions for its 
tender offer were not met. Accordingly. Eridania Beghin-Say is also terminating 
its February 22, 1995 merger agreement with American Maize, pursuant to which 
it had agreed to acquire American Maize at $40 per share.

Eridania Beghin-Say noted that the Maine Supreme Court has blocked the issue of 
additional American Maize Class B shares, and that Eridania Beghin-Say has also 
received no response to its letter of May 5 to Trustees of the Ziegler family 
trusts to pursue discussions.

Stefano Meloni, Chairman of Eridania Beghin-Say, said, "Despite our efforts, 
we regret that it appears the conditions for a successful completion of the 
transaction as we proposed cannot be met."


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