SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
--------------------
SCHEDULE TO
(RULE 14D-100)
(AMENDMENT NO. 2)
TENDER OFFER STATEMENT UNDER SECTION 14(D) (1) OR 13(E) (1)
OF THE SECURITIES EXCHANGE ACT OF 1934
MINOLTA-QMS, INC.
(Name of Subject Company (Issuer))
MINOLTA INVESTMENTS COMPANY
MINOLTA CO., LTD.
MINOLTA-QMS, INC.
(Names of Filing Persons -- Offerors)
COMMON STOCK, PAR VALUE $.01 PER SHARE
(Title of Class of Securities)
74726G 102
(CUSIP Number of Class of Securities)
TOSHIHIRO KATAOKA ALLEN A. HANS
MINOLTA CO., LTD. MINOLTA INVESTMENTS COMPANY
3-13 AZUCHI-MACHI 2-CHOME C/O MINOLTA CORPORATION
CHUO-KU, OSAKA 541-8556, JAPAN 101 WILLIAMS DRIVE
TELEPHONE: (81) 6-6271-2621 RAMSEY, NEW JERSEY 07446
FACSIMILE: (81) 6-6271-2283 TELEPHONE: (201) 825-4000
FACSIMILE: (201) 825-7331
(Name, Address and Telephone Numbers of Person
Authorized to Receive Notices and Communications on Behalf of Filing Persons)
Copies to:
STEPHEN M. BESEN, ESQ.
WEIL, GOTSHAL & MANGES LLP
767 FIFTH AVENUE
NEW YORK, NEW YORK 10153-0119
TELEPHONE: (212) 310-8000
FACSIMILE: (212) 310-8007
CALCULATION OF FILING FEE
================================================================================
Transaction Valuation* Amount of Filing Fee
--------------------------------------------------------------------------------
$50,373,594 $10,075
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NY2:\973861\01\KVFP01!.DOC\63760.0018
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* Estimated for purposes of calculating the filing fee only. The amount assumes
the purchase of 8,395,599 shares of common stock, par value $.01 per share, of
Minolta-QMS, Inc. ("Common Stock"), including the related preferred stock
purchase rights ("Rights" and, together with the Common Stock, the "Shares"), at
a purchase price of $6.00 per Share in cash. Such number of Shares includes (i)
13,266,131 Shares outstanding as of September 13, 2000, less 7,570,000 Shares
already beneficially owned by Minolta Investments Company and (ii) options and
warrants to purchase 2,699,468 Shares having an exercise price of less than
$6.00 per Share. The amount of the filing fee calculated in accordance with
Regulation 240.0-11 of the Securities Exchange Act of 1934, as amended, equals
1/50th of one percent of the value of the transaction.
[X] Check the box if any part of the fee is offset as provided by Rule
0-11(a) (2) and identify the filing with which the offsetting fee was
previously paid. Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its filing.
<TABLE>
<S> <C>
Amount Previously Paid: $10,075 Filing Party: Minolta Investments Company
Minolta Co., Ltd.
Form or Registration No.: Not Applicable Date Filed: October 3, 2000
</TABLE>
[ ] Check the box if the filing relates solely to preliminary
communications made before the commencement of a tender offer:
Check the appropriate boxes below to designate any transactions to
which the statement relates:
[X] third-party tender offer subject to Rule 14d-1.
[ ] issuer tender offer subject to Rule 13e-4.
[X] going-private transaction subject to Rule 13e-3.
[ ] amendment to Schedule 13D under Rule 13d-2.
Check the following box if the filing is a final amendment reporting
the results of the tender offer: [ ]
(Continued on following pages)
(Page 1 of 6 pages)
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SCHEDULE TO
This Amendment No. 2 amends the Tender Offer Statement on
Schedule TO ("Schedule TO") initially filed with the Securities and Exchange
Commission on October 3, 2000 by Minolta Co., Ltd., a Japanese corporation
("Parent"), and Minolta Investments Company, a Delaware corporation
("Purchaser") and wholly-owned subsidiary of Parent. The Schedule TO relates to
the offer by Purchaser to purchase all of the outstanding shares of common
stock, par value $.01 per share (the "Common Stock"), of Minolta-QMS, Inc., a
Delaware corporation (the "Company"), and the related rights to purchase shares
of the Series A Participating Preferred Stock of the Company (the "Rights" and,
together with the Common Stock, the "Shares"), issued pursuant to the Rights
Agreement, dated as of March 8, 1999, by and between the Company and South
Alabama Trust Company, Inc., as Rights Agent, at a price of $6.00 per Share, 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 October 3, 2000 and in
the related Letter of Transmittal (which, together with any supplements or
amendments, collectively constitute the "Offer"), copies of which are attached
as Exhibits (a)(1)(A) and (a)(1)(B) to the Schedule TO, respectively. The item
numbers and responses thereto below are in accordance with the requirements of
Schedule TO.
ITEM 11. ADDITIONAL INFORMATION.
On November 8, 2000, Parent issued a press release announcing
the expiration of the Offer. A copy of the press release is
filed as Exhibit (a)(1)(N) hereto and is incorporated herein
by reference.
ITEM 12. EXHIBITS.
Item 12 is hereby amended and supplemented by the following:
(a)(1)(N) Text of press release issued by Parent, dated November 8,
2000, announcing the expiration of the Offer.
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SIGNATURE
After due inquiry and to the best of their knowledge and belief, the
undersigned hereby certify as of November 8, 2000 that the information set forth
in this statement is true, complete and correct.
SCHEDULE TO AND SCHEDULE 13E-3
MINOLTA INVESTMENTS COMPANY
By: /s/ Allen A. Hans
------------------------------------------
Name: Allen A. Hans
Title: Vice President and Secretary
MINOLTA CO., LTD.
By: /s/ Masanori Hondo
------------------------------------------
Name: Masanori Hondo
Title: Director
SCHEDULE 13E-3
MINOLTA-QMS, INC.
By: /s/ Edward E. Lucente
------------------------------------------
Name: Edward E. Lucente
Title: President and Chief Executive Officer
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
----------- -----------
(a)(1)(A)* Offer to Purchase, dated October 3, 2000.
(a)(1)(B)* Solicitation/Recommendation Statement on Schedule 14D-9 of the
Company, dated October 3, 2000.
(a)(1)(C)* Letter of Transmittal.
(a)(1)(D)* Notice of Guaranteed Delivery.
(a)(1)(E)* Letter to Brokers, Dealers, Commercial Banks, Trust Companies and
other Nominees.
(a)(1)(F)* Letter to clients for use by Brokers, Dealers, Commercial Banks,
Trust Companies and Nominees.
(a)(1)(G)* Guidelines for Certification of Taxpayer Identification Number on
Substitute Form W-9.
(a)(1)(H)* Summary Advertisement as published in The New York Times on
October 3, 2000.
(a)(1)(I)* Text of joint press release issued by Parent and the Company,
dated October 3, 2000, announcing the commencement of the Offer.
(a)(1)(J)* Text of press release issued by Parent, dated September 13, 2000,
announcing the execution of the Merger Agreement.
(a)(1)(K)* Text of press release issued by the Company, dated September 13,
2000, announcing the execution of the Merger Agreement.
(a)(1)(L)* Letter to stockholders from Edward E. Lucente, President and
Chief Executive Officer of Minolta-QMS, Inc., dated October 3,
2000.
(a)(1)(M)* Text of press release issued by Parent, dated October 31, 2000,
announcing the extension of the Offer.
(a)(1)(N) Text of press release issued by Parent, dated November 8, 2000,
announcing the expiration of the Offer.
(a)(5)(A)* Complaint of William Deckard against Minolta Co., Ltd., Minolta
Investments Company, Minolta-QMS, Inc., Edward E. Lucente, Albert
A. Butler, F. Rigdon Currie, Hiroshi Fujii, Allen A. Hans, Ryusho
Kutani, Michael C. Dow, Yoshisuke Takekida, Shoei Yamana, William
R. Bowles and Robert J. Materna, filed in the Court of Chancery
in the State of Delaware on September 1, 2000.
(a)(5)(B)* Complaint of Ruth Grening against Minolta Co., Ltd., Minolta
Investments Company, Minolta-QMS, Inc., Edward E. Lucente, Albert
A. Butler, F. Rigdon Currie, Hiroshi Fujii, Allen A. Hans, Ryusho
Kutani, Michael C. Dow, Yoshisuke Takekida, Shoei Yamana, William
R. Bowles and Robert J. Materna, filed in the Court of Chancery
in the State of Delaware on September 1, 2000.
(b) None.
(c)(1)* Opinion of The Robinson-Humphrey Company, LLC to the Special
Committee of the Board of Directors of Minolta-QMS, Inc., dated
September 13, 2000.
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<PAGE>
(c)(2)* Materials presented by The Robinson-Humphrey Company, LLC to the
Special Committee of the Board of Directors of Minolta-QMS, Inc.
on September 12, 2000.
(c)(3)* Report prepared by KPMG Corporate Finance Kabushiki Kaisha for
Minolta Co., Ltd.
(d)* Agreement and Plan of Merger, dated as of September 13, 2000, by
and among Minolta Co., Ltd., Minolta Investments Company and
Minolta-QMS, Inc.
(e) Not applicable.
(f)* Section 262 of the Delaware General Corporation Law (included as
Annex A of the Offer to Purchase filed herewith as Exhibit
(a)(1)(A)).
(g) None.
(h) None.
* Previously Filed.
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