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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)
MAXTOR CORPORATION
(Name of Issuer)
Common Stock, par value US$0.01 per share
(Title of Class of Securities)
577729 10 6
(CUSIP Number)
K.S. Yoo
Corporate Planning and Coordination Office
Hyundai Electronics Industries Co., Ltd.
San 136-1, Ami-ri, Bubal-eub
Ichon-kun, Kyoungki-do,
467-860 Korea
011-82-336-30-2683
with a copy to:
I.H. Chun
Legal Department
Hyundai Electronics Industries Co., Ltd.
66, Jeokseon-dong, Chongro-ku
Seoul, Korea
011-82-2-398-4324
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 29, 1995
(Date of Event which requires filing of this Amendment No. 3)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject of this Schedule
13D, and is filing this Statement because of Rule 13d-1(b)(3) or (4), check the
following box: / /
Check the following box if a fee is being paid with the statement: / /
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The following information is filed to amend the original Statement on
Schedule 13D dated February 14, 1994 (as amended by Amendment No. 1 to Schedule
13D dated March 17, 1995 and amended by Amendment No. 2 to Schedule 13D date
October 26, 1995) ("Schedule 13D") of Hyundai Electronics Industries Co., Ltd.
("Hyundai"), Hyundai Heavy Industries Co., Ltd., Hyundai Corporation and
Hyundai Merchant Marine Co., Ltd. (collectively, the "Purchasers") with
respect to the Common Stock, par value U.S. $0.01 per share of Maxtor
Corporation. Unless otherwise defined herein, all capitalized terms shall have
the meanings ascribed to them in the Schedule 13D.
Item 4. Purpose of Transaction.
Item 4 (a-j) of the Schedule 13D is hereby amended and
supplemented by adding the following:
On October 29, 1995, Hyundai Electronics America ("HEA"),
a subsidiary of Hyundai, orally communicated to the
Special Committee of the Board of Directors of the
Company (the "Special Committee"). HEA's willingness to
increase the price of the offer to purchase all of the
outstanding shares of the Company's Common Stock (other
than the shares of Class A Common Stock owned by the
Purchasers) from $5.15 per share to $6.15 per share. HEA
indicated that this offer was its best and final offer,
and would be withdrawn at 5:00 p.m., California time, on
Wednesday, November 1, unless accepted by that time.
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SIGNATURE
After reasonable 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: October 30, 1995.
HYUNDAI ELECTRONICS INDUSTRIES CO., LTD.
By /s/ J. Y. KIM
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J. Y. Kim
President and Chief Executive Officer
HYUNDAI HEAVY INDUSTRIES CO., LTD.
By /s/ J. Y. KIM
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J. Y. Kim
Attorney-in-Fact pursuant to Power of Attorney
filed previously as Exhibit 6
HYUNDAI CORPORATION
By /s/ J. Y. KIM
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J. Y. Kim
Attorney-in-Fact pursuant to Power of Attorney
filed previously as Exhibit 7
HYUNDAI MERCHANT MARINE CO., LTD.
By /s/ J. Y. KIM
---------------------------------------------
J. Y. Kim
Attorney-in-Fact pursuant to Power of Attorney
filed previously as Exhibit 8
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