SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDMENT NO. 7 TO
SCHEDULE 14D-9
Solicitation/Recommendation Statement
Pursuant to Section 14(d)(4) of the
Securities Exchange Act of 1934
CHEYENNE SOFTWARE, INC.
(Name of Subject Company)
CHEYENNE SOFTWARE, INC.
(Name of Person Filing Statement)
COMMON STOCK, PAR VALUE $.01 PER SHARE
(INCLUDING THE ASSOCIATED PREFERRED SHARE PURCHASE RIGHTS)
(Title of Class of Securities)
16688810
(CUSIP Number of Class of Securities)
MICHAEL B. ADLER
VICE PRESIDENT AND
GENERAL COUNSEL
CHEYENNE SOFTWARE, INC.
3 EXPRESSWAY PLAZA
ROSLYN HEIGHTS, NEW YORK 11577
(516) 465-4000
(Name, address and telephone number of person
authorized to receive notice and communications
on behalf of the person filing statement)
COPY TO:
BARRY A. BRYER
WACHTELL, LIPTON, ROSEN & KATZ
51 WEST 52ND STREET
NEW YORK, NEW YORK 10019-6150
(212) 403-1000
<PAGE>
This Amendment No. 7 to Schedule 14D-9 Solicitation/
Recommendation Statement amends and supplements the Schedule
14D-9 Solicitation/Recommendation Statement (as amended or
supplemented from time to time, the "Schedule 14D-9") filed
with the Securities and Exchange Commission (the "Commission")
on October 11, 1996 by Cheyenne Software, Inc. (the "Company").
This Schedule 14D-9 relates to the tender offer described in
the Tender Offer Statement on Schedule 14D-1 dated October 11,
1996 (as amended or supplemented from time to time, the
"Schedule 14D-1"), filed by Tse-tsehese-staestse, Inc., a Dela-
ware corporation (the "Purchaser"), which is a wholly owned
subsidiary of Computer Associates International, Inc., a Dela-
ware corporation ("CA"), with the Commission relating to an
offer (the "Offer") by the Purchaser to purchase all the issued
and outstanding shares of common stock of the Company
("Shares") at a price of $30.50 per Share, net to the seller in
cash, without interest thereon, upon the terms and subject to
the conditions set forth in the Purchaser's Offer to Purchase
dated October 11, 1996, as amended or supplemented, and the
related Letter of Transmittal. All capitalized terms not
defined herein have the meaning assigned to them in the
Schedule 14D-9.
ITEM 8. ADDITIONAL INFORMATION TO BE FURNISHED.
On November 11, 1996, CA issued a press release announcing that
more than ninety-eight (98%) percent of the Shares were
tendered prior to the expiration of the Offer at 12:00
midnight, New York City time, on Friday, November 8, 1996, all
of which were accepted for payment. CA also announced in such
press release that the Merger of the Company with CA will
become effective as soon as reasonably practicable but in no
event earlier than November 30, 1996 and that once the Merger
becomes effective, the Company will become a wholly owned
subsidiary of CA. A copy of the press release issued by CA is
attached hereto as Exhibit 17 and incorporated herein by
reference; the foregoing description is qualified in its
entirety by reference to such exhibit.<PAGE>
ITEM 9. MATERIAL TO BE FILED AS EXHIBITS.
EXHIBIT
NUMBER DESCRIPTION
1 Merger Agreement*
2 Rights Agreement Amendment*
3 Opinion of Lazard Freres, dated October 7, 1996
(Attached as Annex B to Schedule 14D-9 mailed to
stockholders)*
4 Press Release of the Company and CA, issued
October 7, 1996*
5 Confidentiality Agreement dated October 1, 1996
between CA and the Company*
6 Article Nine of the Restated Certificate of
Incorporation of the Company*
7 Section Seven of the Restated By-Laws of the Company*
8 Letter dated October 11, 1996 from ReiJane Huai to
the stockholders of the Company (Included with
Schedule 14D-9 mailed to stockholders)*
9 Amended Class Action Complaint in Lia Moskowitz v.
ReiJane Huai, et. al. and in Miles Tepper v. ReiJane
Huai et. al. filed in the Court of Chancery of the
State of Delaware*
10 Press Release of the Company, issued October 22,
1996*
11 Press Release of the Company and CA, issued October
25, 1996*
12 Press Release of the Company and CA, issued November
4, 1996*
13 Revised Opinion of Lazard Freres, dated as of
October 7, 1996*
14 Further Revised Opinion of Lazard Freres, dated as of
October 7, 1996*
15 Press Release of the Company and CA, issued November
7, 1996*
16 Memorandum opinion issued November 7, 1996 by the
Court of Chancery of the State of Delaware*
17 Press Release of CA, issued November 11, 1996
* Previously filed.
-2-<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowl-
edge and belief, I certify that the information set forth in
this statement is true, complete and correct.
November 11, 1996
CHEYENNE SOFTWARE, INC.
By /s/ Elliott Levine
Name: Elliot Levine
Title: Executive Vice
President,
Senior Financial
Officer
and Treasurer
-3-
Exhibit 17
[Letterhead of Computer Associates International, Inc.]
Contact: Doug Robinson - CA Investor Relations Bob Gordon - CA Public Relations
(516) 342-2745 (516) 342-2391
[email protected] [email protected]
COMPUTER ASSOCIATES TENDER OFFER FOR CHEYENNE CLOSES
WITH MORE THAN 98 PERCENT ACCEPTANCE
ISLANDIA, NY, November 11, 1996 - Computer Associates International, Inc. (NYSE:
CA) announces that more than ninety-eight percent of the shares of Cheyenne
Software, Inc. (AMEX: CYE) common stock were tendered prior to the expiration of
Computer Associates' previously announced tender offer for Cheyenne. The
consummation of the tender offer for all of the outstanding shares, including
associated preferred share purchase rights, at a price of $30.50 per share in
cash, expired at 12:00 midnight, New York City time, on Friday, November 8,
1996. All shares validly tendered and not properly withdrawn prior to the
expiration were accepted for payment.
Approximately 37,750,000 shares, representing nearly 100 percent of the total
number of outstanding shares of common stock of Cheyenne, were tendered.
The merger of Cheyenne with Computer Associates will become effective as soon as
reasonably practicable but in no event earlier than November 30, 1996. Once the
pending merger becomes effective, Cheyenne will become a wholly owned subsidiary
of Computer Associates.
Computer Associates International, Inc. (NYSE: CA), with headquarters in
Islandia, NY, is the world leader in mission-critical software. The company
develops, licenses, and supports more than 500 integrated products that include
enterprise computing and information management, application development,
manufacturing and financial applications. CA has 9000 people in 130 offices in
40 countries and had revenue of more than $3.5 billion in fiscal year 1996. CA
can be reached by visiting http://www.cai.com on the World Wide Web, emailing
[email protected], or calling 1-516-342-5224.
Cheyenne Software, Inc. is an international developer of essential software
solutions for NetWare, Windows NT, UNIX, Macintosh, OS/2, Windows 3.1 and
Windows 95 operating systems. Its enterprise-wide offerings include an array of
storage management, security, and communications products, including Cheyenne
[Registered Mark] HSM, JETserve [Trademark], InocuLAN [Trademark], FAXserve
[Trademark], and its flagship product line, the ARCserve [Registered Mark]
family of network backup software. Cheyenne can be contacted at (800) 243-9462
(U.S. or Canada) or (516) 465-4000, or by visiting its WWW home page at: http:/
/www.cheyenne.com.
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