MENTOR GRAPHICS CORP
SC 14D1/A, 1999-01-08
COMPUTER INTEGRATED SYSTEMS DESIGN
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
 
                            ------------------------
 
                       AMENDMENT NO. 37--FINAL AMENDMENT
                               TO SCHEDULE 14D-1
 
                             TENDER OFFER STATEMENT
     (PURSUANT TO SECTION 14(D)(1) OF THE SECURITIES EXCHANGE ACT OF 1934)
 
                         QUICKTURN DESIGN SYSTEMS, INC.
 
                           (Name of Subject Company)
 
                          MENTOR GRAPHICS CORPORATION
                                   MGZ CORP.
 
                                   (Bidders)
 
                    COMMON STOCK, PAR VALUE $.001 PER SHARE
 
                       (including the Associated Rights)
 
                         (Title of Class of Securities)
 
                                   74838E102
 
                     (CUSIP Number of Class of Securities)
 
                            ------------------------
 
                                WALDEN C. RHINES
                     PRESIDENT AND CHIEF EXECUTIVE OFFICER
                          MENTOR GRAPHICS CORPORATION
                            8005 S.W. BOECKMAN ROAD
                         WILSONVILLE, OREGON 97070-7777
                                 (503) 685-1200
 
           (Name, Address and Telephone Number of Persons Authorized
          to Receive Notices and Communications on Behalf of Bidders)
 
                                    COPY TO:
 
         JOHN J. HUBER, ESQ.                   CHRISTOPHER L. KAUFMAN, ESQ.
           LATHAM & WATKINS                          LATHAM & WATKINS
    1001 PENNSYLVANIA AVENUE, N.W.                135 COMMONWEALTH DRIVE
         WASHINGTON, DC 20004                  MENLO PARK, CALIFORNIA 94025
            (202) 637-2200                            (650) 328-4600
 
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    MGZ Corp., a Delaware corporation ("Purchaser"), and Mentor Graphics
Corporation, an Oregon corporation ("Parent"), hereby amend and supplement their
Tender Offer Statement on Schedule 14D-1 filed on August 12, 1998 (the
"Statement"), as amended, with respect to the offer by Purchaser to purchase up
to 2,100,000 shares of Common Stock, par value $.001 per share, of Quickturn
Design Systems, Inc., a Delaware corporation, together with the associated
preferred stock purchase rights, for a purchase price of $15 per share, net to
the seller in cash, without interest thereon, as set forth in this Amendment No.
37 (the Final Amendment). Capitalized terms used herein and not defined have the
meanings ascribed to them in the Schedule 14D-1 or in the Offer to Purchase.
 
ITEM 10. ADDITIONAL INFORMATION.
 
    Item 10(f) of the Statement is hereby amended and supplemented by the
following:
 
    1. On January 8, 1999, Parent issued a press release announcing that
effective January 8, 1999 it is terminating the Offer, proxy solicitation and
its proposal to acquire the Company. No shares were accepted for payment or paid
for pursuant to the Offer and all Shares previously tendered will be returned by
the Depositary. A copy of the press release is attached hereto as Exhibit
(a)(66) and is incorporated herein by reference.
 
ITEM 11. MATERIAL TO BE FILED AS EXHIBITS.
 
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<S>        <C>        <C>
(a)(66)    --         Press Release dated January 8, 1999.
</TABLE>
 
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                                   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.
 
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<S>                             <C>  <C>
Dated: January 8, 1999          MENTOR GRAPHICS CORPORATION
 
                                By:  /s/ Gregory K. Hinckley
                                     ---------------------------------
 
                                Name: Gregory K. Hinckley
 
                                Title: Executive Vice President, Chief Operating
                                     Officer and Chief Financial Officer
 
                                MGZ CORP.
 
                                By:  /s/ Gregory K. Hinckley
                                     ---------------------------------
 
                                Name: Gregory K. Hinckley
 
                                Title: Secretary and Chief Financial Officer
</TABLE>
 
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                MENTOR GRAPHICS TERMINATES OFFER FOR QUICKTURN

WILSONVILLE, OR, JANUARY 8, 1999 -- Mentor Graphics Corporation (Nasdaq: 
MENT) announced that effective today it is terminating its tender offer, 
proxy solicitation and its proposal to acquire Quickturn Design Systems, Inc. 
(Nasdaq: QKTN), and is withdrawing its call for the special meeting which had 
been scheduled for today.

Dr. Walden C. Rhines, President and CEO of Mentor Graphics, said:  "It is 
clear that in any further bidding for Quickturn, Mentor faced significant 
barriers and therefore we determined that continued participation would not 
be in our shareholders' best interests.  We congratulate Jack Harding and the 
Cadence team, and we look forward to competing with Cadence in the EDA 
marketplace as we have for many years.  Mentor believes that emulation should 
be an important verification tool for designers if innovative emulation 
systems are made available to them.

"I particularly want to thank the many people who worked so hard to try to 
make this acquisition happen.  They can feel justly proud that the EDA 
industry will be a better, more productive one.  In particular, I want to 
thank the employees of Mentor Graphics who, despite all the distractions of 
this activity, kept their eye on the ball and turned in all-time record 
performance for Mentor in the fourth quarter of 1998.  It's likely that they 
have taken Mentor to the #1 spot among the EDA majors, in terms of the 
all-important measure: product growth rate.  My thanks to our customers and, 
again, to all of our Mentor associates," concluded Dr. Rhines.

Mentor Graphics Corporation is a world leader in electronic hardware and 
software design solutions, providing products and consulting services for the 
world's largest electronics and semiconductor companies.  Established in 
1981, the company reported revenues over the last 12 months of $468 million 
and employs approximately 2,500 people worldwide.  Company headquarters are 
located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777. World 
Wide Web site: http://www.mentor.com.

Certain statements contained in this press release constitute 
"forward-looking" statements within the meaning of Section 21E of the 
Securities Exchange Act of 1934, as amended.  Such forward-looking statements 
involve known and unknown risks, uncertainties and other factors that may 
cause the actual results, performance or achievements expressed or implied by 
such forward-looking statements.

Contacts: Anne M. Wagner/Ry Schwark         Todd Fogarty/Roy Winnick
          Mentor Graphics Corporation       Kekst and Company
          503/685-1462                      212/521-4800

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