OPTEK TECHNOLOGY INC
SC 14D1/A, 1999-06-07
SEMICONDUCTORS & RELATED DEVICES
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                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549

                               SCHEDULE 14D-1
                             (AMENDMENT NO. 1)
                           TENDER OFFER STATEMENT
                        PURSUANT TO SECTION 14(D)(1)
                   OF THE SECURITIES EXCHANGE ACT OF 1934

                           OPTEK TECHNOLOGY, INC.
                         (NAME OF SUBJECT COMPANY)

                           DKM ACQUISITION CORP.
                    THE DYSON-KISSNER-MORAN CORPORATION
                                 (BIDDERS)

                  COMMON STOCK, PAR VALUE $0.01 PER SHARE
                       (TITLE OF CLASS OF SECURITIES)

                                683815 10 4
                   (CUSIP NUMBER OF CLASS OF SECURITIES)
                             __________________

                           JOHN FITZSIMONS, ESQ.
                    THE DYSON-KISSNER-MORAN CORPORATION
                        565 FIFTH AVENUE, 4TH FLOOR
                             NEW YORK, NY 10017
                         TELEPHONE: (212) 885-1600
                         FACSIMILE: (212) 986-2268
        (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO
          RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF BIDDERS)

                                  COPY TO:
                          STEPHEN M. BANKER, ESQ.
                  SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
                              919 THIRD AVENUE
                             NEW YORK, NY 10022
                         TELEPHONE: (212) 735-3000
                         FACSIMILE: (212) 735-2000


                         CALCULATION OF FILING FEE




 TRANSACTION VALUATION* $218,606,579           AMOUNT OF FILING FEE $43,722


   *  Estimated for purposes of calculating the amount of the filing fee
      only. The filing fee calculation assumes the purchase of 8,572,807
      shares of common stock, $0.01 par value per share(the "Shares"), of
      Optek Technology, Inc. at a price of $25.50 per Share in cash, without
      interest. The filing fee calculation is based on the 7,642,773 Shares
      outstanding as of May 12, 1999 and assumes the issuance prior to the
      consummation of the Offer (as defined herein) of 930,034 Shares upon
      the exercise of outstanding 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 percent of the
      value of the transaction.

 (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 the form or schedule and the date of its filing.

   Amount Previously Paid:  $43,722.
   Form or Registration No.:  Schedule 14D-1.
   Filing Party:  The Dyson-Kissner-Moran Corporation and DKM Acquisition
                  Corp.
   Date Filed:  May 18, 1999.



                                TENDER OFFER

      This Amendment No. 1 amends and supplements the Tender Offer Statement
 on Schedule 14D-1 filed on May 18, 1999 (as amended and supplemented the
 "Statement") relating to the offer by DKM Acquisition Corp., a Delaware
 corporation ("Purchaser") and a wholly owned subsidiary of The Dyson-
 Kissner-Moran Corporation, a Delaware corporation ("Parent"), to purchase
 all of the outstanding shares of common stock, par value $0.01 per share
 (the "Shares"), of Optek Technology, Inc., a Delaware corporation (the
 "Company"), at $25.50 per Share, net to the seller in cash, without
 interest, upon the terms and subject to the conditions set forth in the
 Offer to Purchase dated May 18, 1999 and in the related Letter of
 Transmittal.   Unless otherwise indicated, the capitalized terms used
 herein shall have the meanings specified in the Statement, including the
 Offer to Purchase filed as Exhibit (a)(1) thereto.

 ITEM 10.  ADDITIONAL INFORMATION.

      On June 7, 1999, Parent issued a press release announcing that the
 waiting period under the Hart-Scott- Rodino Antitrust Improvements Act of
 1976 relating to the Offer had expired and that the consummation of the
 Offer would not be delayed by the Mexican Federal Law of Economic
 Competition.  The full text of the press release is attached hereto as
 Exhibit (a)(10).

 ITEM 11.  MATERIALS TO BE FILED AS EXHIBITS.

      (a)(10)  Press Release of Parent dated June 7, 1999.


                                 SIGNATURE

      After due inquiry and to the best of its knowledge and belief, the
 undersigned certifies that the information set forth in this statement is
 true, complete and correct.

 Dated:  June 7, 1999

                               DKM Acquisition Corp.


                               BY:   /s/ Robert D. Farley
                                     --------------------------
                                     Name:  Robert D. Farley
                                     Title: Vice President


                               The Dyson-Kissner-Moran Corporation


                               BY:   /s/ Robert D. Farley
                                    -----------------------------
                                    Name:  Robert D. Farley
                                    Title: Vice President



                             INDEX TO EXHIBITS

 Exhibit                                                  Sequential
                                                           Page No.

 (a)(10)  --    Press Release of Parent dated June 7, 1999.





                                                            Exhibit (a)(10)


 FOR IMMEDIATE RELEASE
                                    Contact:
                                    Mark Harnett
                                    MacKenzie Partners, Inc.
                                    (212) 929-5877

                                    John FitzSimons
                                    The Dyson-Kissner-Moran Corporation
                                    (212) 885-1626

               THE DYSON-KISSNER-MORAN CORPORATION ANNOUNCES
               EXPIRATION OF HART-SCOTT-RODINO WAITING PERIOD
          REGARDING PENDING ACQUISITION OF OPTEK TECHNOLOGY, INC.

 NEW YORK, June 7, 1999 -- The Dyson-Kissner-Moran Corporation announced
 today that the waiting period under the Hart-Scott-Rodino Antitrust
 Improvements Act applicable to the pending acquisition of Optek Technology,
 Inc. [NASDAQ: OPTT] expired on Saturday, June 5, 1999 at 11:59 p.m.

 The Dyson-Kissner-Moran Corporation, its wholly owned subsidiary DKM
 Acquisition Corp., and Optek Technology, Inc. executed a definitive merger
 agreement on May 12, 1999, pursuant to which DKM Acquisition Corp.
 commenced, on May 18, 1999, a cash tender offer to purchase all of the
 outstanding shares of Optek Technology, Inc. at a price of $25.50 per
 share.  The offer is conditioned upon, among other things, the tender of a
 majority of the shares outstanding on a fully diluted basis and the
 expiration or earlier termination of the applicable waiting period under
 the Hart-Scott-Rodino Antitrust Improvements Act of 1976.  The offer and
 withdrawal rights are scheduled to expire at 12:00 midnight, New York City
 time, on Tuesday, June 15, 1999, unless the offer is extended.  In that
 regard, The Dyson-Kissner-Moran Corporation also announced today that such
 expiration will not be delayed by the Mexican Federal Law of Economic
 Competition.

 The Dyson-Kissner-Moran Corporation is a privately owned holding company
 with annual revenues approaching $700 million.

 Optek Technology, Inc. is a leading manufacturer of custom optoelectronic,
 magnetic and fiber optic sensor products. Optek provides components
 worldwide for manufacturers of office and computer equipment, automobiles,
 industrial equipment, aerospace and defense applications, medical equipment
 and communications equipment. Additional information can be accessed on the
 internet at http://www.optekinc.com.

 This press release is neither an offer to purchase nor a solicitation of an
 offer to sell securities. The tender offer is made only through the Offer
 to Purchase and the related Letter of Transmittal which were distributed to
 stockholders on or about May 18, 1999.  Additional copies of such documents
 can be obtained by contacting Bear, Stearns & Co. Inc., which is acting as
 the Dealer Manager in connection with the offer, at (888) 511-5800 or
 MacKenzie Partners, Inc., which is acting as the Information Agent in
 connection with the offer, at (800) 322-2885.



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