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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 14D-1
Tender Offer Statement Pursuant to Section 14(d)(1)
of the Securities Exchange Act of 1934
(Amendment No. 4)
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Lotus Development Corporation
(Name of Subject Company)
White Acquisition Corp.
(Bidder)
Common Stock, Par Value $.01 Per Share
(Including the Associated Preferred Share Purchase Rights)
(Title of Class of Securities)
545700106
(CUSIP Number of Class of Securities)
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Lawrence R. Ricciardi, Esq.
International Business Machines Corporation
Old Orchard Road
Armonk, NY 10504
(914) 765-1900
(Name, Address and Telephone Number of Persons Authorized to
Receive Notices and Communications on Behalf of Bidder)
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Copy to:
Allen Finkelson, Esq.
Cravath, Swaine & Moore
Worldwide Plaza
825 Eighth Avenue
New York, NY 10019
(212) 474-1000
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White Acquisition Corp. hereby amends and supplements its
Tender Offer Statement on Schedule 14D-1 (the "Statement"), originally
filed on June 6, 1995, as amended by Amendments No. 1, 2 and 3, with
respect to its offer to purchase all outstanding shares of Common
Stock, par value $.01 per share, of Lotus Development Corporation, a
Delaware corporation, together with the associated preferred share
purchase rights, as set forth in this Amendment No. 4. Capitalized
terms not defined herein have the meanings assigned thereto in the
Statement.
Item 11. Material to be filed as Exhibits.
(a)(18) Press Release, dated June 21, 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.
Dated: June 22, 1995
WHITE ACQUISITION CORP.
By: /s/ LEE A. DAYTON
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Name: Lee A. Dayton
Title: President
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EXHIBIT INDEX
Exhibit Sequentially
No. Exhibit Numbered Page
(a)(18) Press Release, dated June 21, 1995 . . . . . .
<PAGE>
Exhibit (a)(18)
IMMEDIATE
Contact: Jon Iwata
(914) 765-6630
IBM ANNOUNCES EXPIRATION OF HART-SCOTT-RODINO WAITING PERIOD
INVOLVING LOTUS MERGER
ARMONK, N.Y., June 21, 1995 . . . IBM today announced
that the Hart-Scott-Rodino waiting period relating to IBM's
proposed merger with the Lotus Development Corp. has expired.
IBM's tender offer for Lotus currently is scheduled to expire on
July 3, 1995.
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