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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. 6)
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Lotus Development Corporation
(Name of Subject Company)
White Acquisition Corp.
International Business Machines Corporation
(Bidders)
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 Bidders)
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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. and International Business
Machines Corporation hereby amend and supplement their
Tender Offer Statement on Schedule 14D-1 (the "Statement"),
originally filed on June 6, 1995, as amended by Amendments
No. 1-5, with respect to their 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. 6.
Capitalized terms not defined herein have the meanings
assigned thereto in the Statement.
Item 6. Interest in Securities of the Subject
Company
On July 5, 1995, IBM issued a press release, a
copy of which is attached hereto as Exhibit (a)(19) and is
incorporated herein by reference.
Item 10. Additional Information
On July 5, 1995, IBM issued a press release, a
copy of which is attached hereto as Exhibit (a)(19) and is
incorporated herein by reference.
Item 11. Material to be filed as Exhibits.
(a)(19) Press Release, dated July 5, 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: July 5, 1995
WHITE ACQUISITION CORP.
By: /s/ Lee A. Dayton
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Name: Lee A. Dayton
Title: President
INTERNATIONAL BUSINESS
MACHINES CORPORATION
By: /s/ John E. Hickey
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Name: John E. Hickey
Title: Vice President,
Secretary and Assistant
General Counsel
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EXHIBIT INDEX
Exhibit Sequentially
No. Exhibit Numbered Page
(a)(19) Press Release, dated July 5, 1995 ......
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5
Exhibit (a)(19)
IMMEDIATE
Contact: Rob Wilson
(914) 765-6565
IBM ANNOUNCES COMPLETION OF LOTUS TENDER OFFER
ARMONK, N.Y., July 5, 1995 . . . IBM today
announced that it successfully completed its tender offer to
acquire the common stock of Lotus Development Corporation at
$64 per share. Approximately 97 percent of the 47.4 million
outstanding Lotus shares have been accepted for payment by
an IBM subsidiary following completion of the tender offer
on July 3.
Any Lotus shares not purchased in the tender offer
will be acquired by a subsidiary of IBM when the merger is
completed, which is expected to be today.
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