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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 14D-1
(Amendment No. 4)
and
AMENDMENT NO. 10 TO SCHEDULE 13D
Tender Offer Statement
Pursuant to Section 14(d)(1) of the Securities Exchange Act of 1934
MAXTOR CORPORATION
(Name of Subject Company)
HYUNDAI ACQUISITION, INC.
a wholly owned subsidiary of
HYUNDAI ELECTRONICS AMERICA
(Bidders)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(Title of Class of Securities)
577729 10 6
(CUSIP Number of Class of Securities)
K.S. YOO
CORPORATE PLANNING AND COORDINATION OFFICE
HYUNDAI ELECTRONICS INDUSTRIES CO., LTD.
SAN 138-1, AMI-RE, BUBAL-EUB
ICHON-KUN, KYOUNGKI-DO,
467 860 KOREA
011-82-336-30-2683
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of Bidders)
COPIES TO:
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I.H. CHUN BARTLEY C. DEAMER, ESQ. ALAN C. MYERS, ESQ.
LEGAL DEPARTMENT LIOR O. NUCHI, ESQ. RICHARD D. PRITZ, ESQ.
HYUNDAI ELECTRONICS MCCUTCHEN, DOYLE SKADDEN, ARPS, SLATE,
INDUSTRIES CO., LTD. BROWN & ENERSEN MEAGHER & FLOM
66, JEOKSEON-DONG, JONGRO-KU THREE EMBARCADERO CENTER 919 THIRD AVENUE
SEOUL, KOREA SAN FRANCISCO, CA 94111 NEW YORK, NY 10022
011-82-2-398-4324 (415) 393-2000 (212) 735-3000
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CALCULATION OF FILING FEE
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TRANSACTION VALUATION* AMOUNT OF FILING FEE
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$278,591,654.80 $55,718.34
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* For purposes of calculating fee only. This amount assumes the purchase at a
purchase price of $6.70 per Share of 33,542,522 outstanding Shares, 1,773,749
Shares available for issuance under the 1992 ESPP and 6,264,573 Shares
issuable upon conversion of Options. 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 percentum of the value of Shares purchased.
/X/ Check 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 schedule
and the date of its filing.
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Amount Previously Paid: $55,718.34 Filing Party: Hyundai Acquisition, Inc.,
Hyundai Electronics America,
Hyundai Electronics Industries
Co., Ltd., Hyundai Heavy
Industries Co., Ltd., Hyundai
Corporation and Hyundai Merchant
Marine Co., Ltd.
Form of Registration No. Schedule 14D-1 Issuer Tender Date Filed: November 8, 1995
Offer Statement and Amendment
No. 6 to Schedule 13D
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Hyundai Acquisition, Inc. (the "Purchaser"), a Delaware corporation and a
wholly owned subsidiary of Hyundai Electronics America ("Parent"), Parent,
Hyundai Electronics Industries Co., Ltd. ("HEI"), Hyundai Heavy Industries Co.,
Ltd. ("HHI"), Hyundai Corporation ("HC") and Hyundai Merchant Marine Co., Ltd.
("HMM") hereby amend and supplement their Tender Offer Statement on Schedule
14D-1, as amended, relating to the Purchaser's offer (the "Offer") to purchase
any and all outstanding shares of common stock, par value $.01 per share (the
"Shares"), of Maxtor Corporation. HEI, HHI, HC and HMM also hereby amend and
supplement their Statement on Schedule 13D, as amended, relating to the Shares.
ITEM 10. ADDITIONAL INFORMATION.
Item 10 of the Schedule 14D-1 is hereby amended and supplemented by adding
the following:
(b-c) On December 21, 1995, the 15 day waiting period under the HSR Act
expired without any request for additional information or documentary materials
from the Antitrust Division or the FTC. On December 28, 1995, Parent received
all of the approvals of governmental officials and agencies of the Republic of
Korea necessary to satisfy the Korean Approval Condition.
(f) The information set forth in the press release issued by Parent on
December 28, 1995 filed as Exhibit (a)(11) to the Schedule 14D-1 is incorporated
herein by reference.
ITEM 11. MATERIAL TO BE FILED AS EXHIBITS.
(a)(11) Press Release, dated December 28, 1995.
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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.
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Dated: December 28, 1995 HYUNDAI ACQUISITION, INC.
By: /s/ Y.H. KIM
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Name: Y. H. Kim
Title: President and Chief Executive
Officer
HYUNDAI ELECTRONICS AMERICA
By: /s/ Y. H. KIM
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Name: Y. H. Kim
Title: President and Chief Executive
Officer
HYUNDAI ELECTRONICS INDUSTRIES CO., LTD.
By: /s/ Y.H. KIM
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Name: Y. H. Kim
Title: Authorized Agent
HYUNDAI HEAVY INDUSTRIES CO., LTD.
By: /s/ Y.H. KIM
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Name: Y. H. Kim
Title: Authorized Agent
HYUNDAI CORPORATION
By: /s/ Y.H. KIM
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Name: Y. H. Kim
Title: Authorized Agent
HYUNDAI MERCHANT MARINE CO., LTD.
By: /s/ Y.H. KIM
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Name: Y. H. Kim
Title: Authorized Agent
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EXHIBIT INDEX
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PAGE
EXHIBIT NUMBER EXHIBIT NAME NUMBER
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(a)(11) Press Release, dated December 28, 1995. ................................
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FOR IMMEDIATE RELEASE
HYUNDAI ELECTRONICS AMERICA ANNOUNCES KOREAN GOVERNMENTAL
APPROVAL AND EXPIRATION OF HART-SCOTT-RODINO ANTITRUST
IMPROVEMENTS ACT WAITING PERIOD FOR MAXTOR TENDER OFFER
MILPITAS, CA, December 28, 1995 -- Hyundai Electronics America announced
today that on December 28, 1995 it obtained all of the approvals of governmental
officials and agencies of the Republic of Korea necessary for it to consummate
its cash tender offer to acquire any and all outstanding shares of common stock
of Maxtor Corporation (NASDAQ; MXTR) at $6.70 per share.
In addition, Hyundai announced that on December 21, 1995 the 15 day waiting
period under the Hart-Scott-Rodino Antitrust Improvements Act expired without
Hyundai receiving a request for additional information or documentary materials
from the Department of Justice Antitrust Division or the Federal Trade
Commission.
Based on the circumstances currently known to it, Hyundai does not
presently intend to further extend the offer beyond the current expiration date
of 6:00 p.m., New York time, Friday, January 5, 1995.
Hyundai has been informed by the Depository that approximately 21,329,258
Maxtor common shares had been tendered as of December 28, 1995.
Contact: Y.H. Kim
President and Chief Executive Officer
Hyundai Electronics America
(408) 232-8000
