<PAGE>
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------------
SCHEDULE 13E-3
TRANSACTION STATEMENT
UNDER
SECTION 13(E) OF
THE SECURITIES EXCHANGE ACT OF 1934
AND RULE 13E-3 THEREUNDER
------------------------
IN HOME HEALTH, INC.
(NAME OF ISSUER)
MANORCARE HEALTH SYSTEMS, INC.
(NAME OF PERSON(S) FILING STATEMENT)
COMMON STOCK, PAR VALUE $.03 PER SHARE
(TITLE OF CLASS OF SECURITIES)
453222
(CUSIP NUMBER OF CLASS OF SECURITIES)
R. JEFFREY BIXLER
Vice President, General Counsel and Secretary
MANOR CARE, INC.
333 NORTH SUMMIT STREET
P.O. BOX 10086
TOLEDO, OHIO 43699-0086
(419) 252-5500
(NAME, ADDRESS, AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES
AND COMMUNICATIONS ON BEHALF OF PERSON(S) FILING STATEMENT)
------------------------------
WITH COPIES TO:
MICHAEL D. LEVIN
LATHAM & WATKINS
SEARS TOWER, SUITE 5800
CHICAGO, ILLINOIS 60606
(312) 876-7000
------------------------
NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED OF THIS TRANSACTION, PASSED UPON THE
MERITS OR THE FAIRNESS OF THE TRANSACTION OR PASSED UPON THE ADEQUACY OR
ACCURACY OF THE INFORMATION CONTAINED IN THIS DOCUMENT. ANY REPRESENTATION TO
THE CONTRARY IS A CRIMINAL OFFENSE.
This statement is filed in connection with (check the appropriate box):
a. / / The filing of solicitation materials or an information statement
subject to Regulation 14A, Regulation 14C, or Rule 13e-3(c) under the
Securities Exchange Act of 1934.
b. / / The filing of a registration statement under the Securities Act of
1933.
c. / / A tender offer.
d. /X/ None of the above.
Check the following box if the soliciting materials or information statement
referred to in checking box (a) are preliminary copies. / /
Check the following box if this is a final amendment reporting the results of
the transaction. / /
--------------------------
CALCULATION OF FILING FEE
<TABLE>
<CAPTION>
TRANSACTION VALUATION* AMOUNT OF FILING FEE
<S> <C>
$0* $0*
</TABLE>
* Calculated, for the purposes of determining the filing fee only, in
accordance with Rule 0-11(b)under the Securities Exchange Act of 1934, as
amended.
/ / Check box if any part of the fee is offset as provided by Exchange Act
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.
<TABLE>
<S> <C>
Amount previously paid: N/A Filing party: N/A
Form or registration no.: N/A Date filed: N/A
</TABLE>
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<PAGE>
This Rule 13e-3 Transaction Statement on Schedule 13E-3 (this
"Schedule 13E-3")is being filed by ManorCare Health Services, Inc., a Delaware
corporation ("MCHS"), pursuant to Section 13(e) of the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), and Rule 13e-3 thereunder, in
connection with the proposed appointment of two MCHS nominees, Rodney A.
Hildebrant and Steven M. Cavanaugh (the "Manor Care Nominees"), to the Board of
Directors of In Home Health, Inc., a Minnesota corporation (the "Company" or
"IHHI"). MCHS is filing this Schedule 13E-3 because the appointment of the Manor
Care Nominees to the Board of Directors of the Company will result in MCHS
having appointed a majority of directors of the Company and may be viewed as
having either the reasonable likelihood or the purpose of producing, either
directly or indirectly, one or more of the effects set forth in
Rule 13e-3(a)(3)(ii) under Exchange Act. In particular, MCHS believes that
having a majority of the directors of the Company may lead to or facilitate a
transaction that would cause the common stock, par value $.03 per share (the
"Common Stock"), of the Company to be held of record by fewer than 300 persons
or to be delisted from the Nasdaq National Market.
MCHS presently has two nominees on the Board of Directors of the Company, M.
Keith Weikel and Geoffrey G. Meyers. Each of Messrs. Weikel and Meyers was
appointed as a director of the Company on July 7, 2000, following the
resignation of all directors of the Company other than Clyde Michael Ford and
Eugene Terry.
On July 10, 2000, MCHS sent a letter (the "Proposal Letter") to the Chairman
of the Board of Directors of IHHI proposing a business combination between MCHS
and IHHI in which IHHI shareholders would receive $3.375 in cash for each share
of Common Stock. In the Proposal Letter, MCHS indicated that it is prepared to
enter into immediate negotiations with the IHHI Board of Directors, management,
and legal and financial advisors regarding the terms of a definitive agreement
with respect to such business combination. In addition, MCHS indicated that its
proposal was not contingent upon financing, but was subject to the negotiation
of a definitive merger agreement on customary terms and conditions, including
all required regulatory and board approvals. Although MCHS and IHHI have not
agreed to the terms or conditions of any specific transaction, as stated in the
Proposal Letter, MCHS intends to seek a business combination with IHHI that may
result in a change to the present Board of Directors or management of IHHI,
and/or may cause IHHI's Common Stock to cease to be listed on the Nasdaq
National Market.
At this time, there is no definitive agreement or understanding with respect
to any business combination between the Company and MCHS that constitutes a
Rule 13e-3 transaction. If and when such a transaction is agreed to between MCHS
and the Company, MCHS intends to amend this Schedule 13E-3.
ITEM 1. SUMMARY TERM SHEET.
This Schedule 13E-3 is being filed in connection with the proposed
appointment of the Manor Care Nominees to the Board of Directors of the Company.
ITEM 2. SUBJECT COMPANY INFORMATION.
MCHS is filing this Schedule 13E-3 with respect to its investment in the
Common Stock of the subject company, In Home Health, Inc. The principal offices
of the Company are located at 601 Carlson Parkway, Suite 500, Minnetonka,
Minnesota. The Company's telephone number is (952) 449-7500.
Based on information provided to MCHS by the Company, as of the close of
business on June 26, 2000, the Company had 5,534,224 shares of Common Stock
issued and outstanding. In addition, as of such date, the Company had 200,000
shares of Series A Convertible Preferred Stock, par value $1.00 per share (the
"Preferred Stock"), issued and outstanding. All issued and outstanding shares of
Preferred Stock are owned by MCHS and are currently convertible into 3,333,334
shares of Common Stock at a conversion price of $6.00 per share.
1
<PAGE>
The Common Stock is traded on the Nasdaq National Market under the symbol
"IHHI". The high and low sales prices of the Common Stock during each quarter
during the last two years are as follows:
<TABLE>
<S> <C> <C> <C> <C>
QUARTER-END HIGH SALES LOW SALES
DATE PRICE* PRICE*
----------------- ----------------- -----------------
06/30/2000 3 31/32 1 11/16
03/31/2000 3 3/8 2
12/31/1999 4 1/4 1 13/16
09/30/1999 2 7/16 1 1/2
06/30/1999 2 13/16 1 1/8
03/31/1999 3 1 1/16
12/31/1998 2 1/4 1 1/32
09/30/1998 3 3/8 1 1/8
06/30/1998 4 1/8 2 13/16
</TABLE>
* As adjusted for the one-for-three reverse stock split of the Common Stock
on December 1, 1998. Other than this stock split, the Company has not paid any
dividends in respect of its Common Stock during the last two years.
During the last two years, MCHS has made the following purchases of shares
of the Company's Common Stock (see Item 5 below for more information regarding
these purchases):
<TABLE>
<S> <C> <C> <C> <C>
PURCHASE SHARES PURCHASE
DATE PURCHASED PRICE
----------------- ----------------- -----------------
06/29/2000 461,734 3 3/8
06/29/2000 230,600 3 3/8
06/28/2000 454,401 3 3/8
</TABLE>
As of the date hereof, MCHS beneficially owns an aggregate of 6,730,069
shares of the Common Stock (including 3,333,334 shares of Common Stock currently
issuable upon conversion of the Preferred Stock).
ITEM 3. IDENTITY AND BACKGROUND OF THE FILING PERSON.
This Schedule 13E-3 is being filed by MCHS, which is a wholly-owned
subsidiary of Manor Care of America, Inc., a Delaware corporation formerly known
as Manor Care, Inc. ("Manor Care America"), which is a wholly-owned subsidiary
of Manor Care, Inc., a Delaware corporation formerly known as HCR Manor
Care, Inc. ("Manor Care, Inc." and, together with MCHS and Manor Care America,
collectively, the "Manor Care Entities"). The business address of each of the
Manor Care Entities is 333 North Summit Street, P.O. Box 10086, Toledo, Ohio
43699-0086, and their business telephone number is (419) 252-5500.
The Manor Care Entities, together with their subsidiaries and affiliates
(collectively, "Manor Care"), are providers of a range of health care services,
including skilled nursing care, assisted living, subacute medical care,
rehabilitation therapy, home health care, and management services for subacute
care, rehabilitation therapy, vision care, and eye surgery. The most significant
portion of Manor Care's business relates to long-term care, including skilled
nursing care and assisted living. At March 31, 2000, Manor Care operated 301
skilled nursing and 45 assisted living facilities, 82 outpatient therapy
clinics, one acute care hospital, and 33 home health offices in 32 states. More
than 60% of Manor Care's operations are located in Ohio, Michigan, Illinois,
Pennsylvania, and Florida. Manor Care has one reportable operating segment,
long-term care, which includes the operation of skilled nursing and assisted
living facilities.
In light of MCHS's current ownership of a majority of the Common Stock and
all of the Preferred Stock of the Company, MCHS believes that each of the Manor
Care Entities qualifies as an "affiliate" of the Company, as such term is
defined in Rule 13e-3(a)(1) under the Exchange Act.
2
<PAGE>
In accordance with Instruction C of Schedule 13E-3, MCHS is required to
provide certain information with respect to each executive officer and director
of MCHS and its controlling corporations, Manor Care America and Manor
Care, Inc. This information is set forth on ANNEX A attached hereto and is
incorporated herein by reference.
During the last five years, none of the Manor Care Entities, nor, to the
knowledge of the Manor Care Entities, any person named on ANNEX A, (i) has been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors), or (ii) has been a party to any judicial or administrative
proceeding that resulted in a judgment, decree or final order enjoining such
person from future violations of, or prohibiting activities subject to, federal
or state securities laws, or a finding or any violation of federal or state
securities laws.
ITEM 4. TERMS OF THE TRANSACTION.
This Schedule 13E-3 is being filed in connection with the proposed
appointment of the Manor Care Nominees to the Board of Directors of the Company.
MCHS has delivered the Proposal Letter to the Board of Directors of IHHI;
however, at this time, there is no definitive agreement or understanding with
respect to any business combination between the Company and MCHS that
constitutes a Rule 13e-3 transaction.
ITEM 5. PAST CONTACTS, TRANSACTIONS, NEGOTIATIONS AND AGREEMENTS.
On May 2, 1995 Manor Healthcare Corp., a Delaware corporation and the
predecessor to MCHS ("MHC"), entered into a purchase agreement (the "Purchase
Agreement") with the Company pursuant to which MHC acquired 6,440,000 shares of
Common Stock, 200,000 shares of Preferred Stock and a warrant exercisable for
three years to purchase up to 6,000,000 shares of Common Stock (the "Warrant").
On October 23, 1995, the Company agreed to sell to MHC an additional 310,000
shares of Common Stock. On October 24, 1998, MCHS's right, as successor to MHC,
to purchase Common Stock under the Warrant expired unexercised. On December 1,
1998, the Common Stock underwent a one-for-three reverse stock split. As a
result of the foregoing, MCHS now holds 2,250,000 shares of Common Stock and
200,000 shares of Preferred Stock, which is convertible into 3,333,334 shares of
Common Stock.
Pursuant to its certificate of designation, each share of Preferred Stock
had the voting rights of the underlying Common Stock on an as-converted basis.
On December 22, 1998, MCHS and the Company entered into the Second Preferred
Stock Modification Agreement pursuant to which MCHS irrevocably waived all of
the Preferred Stock's voting rights of the underlying common stock granted under
Section 6.01(i) of the Certificate of Designation except with respect to
proposals presented to the holders of the Company's Common Stock to:
(i) wind-up, dissolve or liquidate the Company or revoke or forfeit its charter;
(ii) amend its articles of incorporation; (iii) merge or consolidate or enter
into an exchange agreement with another corporation; or (iv) sell, lease,
transfer, or otherwise dispose of all or substantially all of the Company's
assets not in the usual and regular course of business. In exchange, the Company
irrevocably waived its right to pay dividends on the Preferred Stock in the form
of shares of Common Stock.
On May 31, 2000, MCHS sent a letter to the President of the Company
demanding a special meeting of the shareholders of the Company for the purpose
of: (i) removing all directors of the Company other than Clyde Michael Ford and
Eugene Terry, including, without limitation, removing Wolfgang von Maack, Steven
M. Jessup, James J. Lynn, and Judith Irene Storfjell (or any of their
successors), and any other directors now or hereafter appointed prior to such
special meeting; (ii) fixing the number of directors which shall constitute the
whole Board of Directors of the Company at six; and (iii) electing four new
directors to fill the vacancies created by such removal.
On June 14, 2000, Paul A. Ormond, President and Chief Executive Officer of
the Manor Care Entities, addressed the Company's Board of Directors on Manor
Care's behalf via a telephone conference
3
<PAGE>
call. Mr. Ormond requested that the remaining directors other than
Messrs. Terry and Ford resign and that the Company fill these vacancies with
Manor Care nominees. He also requested that the Company provide financial and
other information to Manor Care, and that the Company should consult with Manor
Care regarding the hiring of a new Chief Executive Officer. During this call,
Mr. Ormond also expressed Manor Care's interest in entering into a management
services agreement with the Company.
On June 15, 2000, Mr. Terry had a telephone conversation with Mr. Ormond.
Mr. Ormond reiterated the Manor Care requests that he had communicated to the
entire Board on June 14, 2000. Also on June 15, 2000, the entire Board of
Directors of the Company telephoned Mr. Ormond to discuss the Manor Care
proposals.
On June 16, 2000, the Company sent Manor Care a letter requesting that Manor
Care agree to postpone its demand for the Special Meeting. Manor Care rejected
the Company's offer and, later that day, the Company filed its preliminary proxy
materials for the special meeting. In the proxy materials, the Board of
Directors recommended that the shareholders vote against the Manor Care
proposals.
On June 28, 2000, MCHS acquired 454,401 shares of Common Stock pursuant to a
Stock Purchase Agreement, dated June 28, 2000 (the "Heartland Purchase
Agreement"), between MCHS and Heartland Advisors, Inc., in its capacity as
investment advisor for and on behalf of the Heartland Value Fund, a duly
designated mutual fund series of Heartland Group, Inc. (collectively,
"Heartland"), for a price per share of $3.375 in cash, representing an aggregate
purchase price of $1,533,603.38. In connection with this transaction, Heartland
delivered an Irrevocable Proxy, dated June 28, 2000, appointing Paul A. Ormond,
M. Keith Weikel, Geoffrey G. Meyers and R. Jeffrey Bixler as proxies and
attorneys-in-fact to vote the shares of Common Stock acquired by MCHS pursuant
to the Heartland Purchase Agreement.
On June 29, 2000, MCHS acquired 692,334 shares of Common Stock as follows:
(i) 461,734 shares of Common Stock pursuant to a Letter Agreement, dated
June 29, 2000 (the "RS Purchase Agreement"), between MCHS and RS Value Group,
LLC, on behalf of RS Orphan Fund, L.P. and RS Orphan Offshore Fund, L.P.
(collectively, "RS"), for a price per share of $3.375, representing an aggregate
purchase price of $1,558,352.23, and (ii) 230,600 shares of Common Stock
pursuant to a Letter Agreement, dated June 29, 2000 (the "Eastbourne Purchase
Agreement"), between MCHS and Eastbourne Capital Management L.L.C., on behalf of
Black Bear Fund I, L.P., Black Bear Fund II, L.L.C., Black Bear Offshore Fund,
and Black Bear Pacific Master Fund (collectively, "Eastbourne"), for a price per
share of $3.375, representing an aggregate purchase price of $778,275. In
connection with each of these transactions, RS and Eastbourne each delivered an
Irrevocable Proxy, dated June 29, 2000, appointing Paul A. Ormond, M. Keith
Weikel, Geoffrey G. Meyers and R. Jeffrey Bixler as proxies and
attorneys-in-fact to vote the shares of Common Stock acquired by MCHS pursuant
to the RS Purchase Agreement and the Eastbourne Purchase Agreement,
respectively.
On July 7, 2000, the Company informed MCHS that all directors of the Company
other than Messrs. Ford and Terry had resigned and that Messrs. Weikel and
Meyers had been appointed to the Board of Directors of the Company.
Messrs. Weikel and Meyers participated in a telephonic meeting of the Board of
Directors held on July 7, 2000, at which the foregoing resignations and
appointments were confirmed. Following that meeting, Mr. Ormond made a
presentation to the Board of Directors in which he reviewed the history of Manor
Care's involvement with the Company and his views regarding the need for better
financial administration of the Company. In the presentation, Mr. Ormond also
indicated that MCHS intended to deliver a letter regarding a possible business
combination with the Company in the near future.
On July 10, 2000, MCHS delivered the Proposal Letter to the Company whereby
it proposed a business combination with the Company in which the shareholders of
the Company would receive $3.375 in cash for each share of Common Stock. Also on
July 10, 2000, MCHS delivered a letter to the Company withdrawing its request
for the special meeting.
4
<PAGE>
ITEM 6. PURPOSES OF THE TRANSACTION AND PLANS OR PROPOSALS.
As discussed in Item 5 above, this Schedule 13E-3 is being filed in
connection with the proposed appointment of the Manor Care Nominees to the Board
of Directors of the Company. If consummated, the appointment of the Manor Care
Nominees would result in a change to the present Board of Directors of the
Company and, in particular, would result in an increase in the size of the Board
of Directors to six. Following such appointment, MCHS nominees would constitute
four of the six directors of the Company and MCHS would have effective control
of the Board of Directors of the Company.
In addition, as contemplated by the Proposal Letter, MCHS seeks to enter
into a business combination with the Company. MCHS anticipates that this
business combination would most likely be effected pursuant to a merger between
the Company and MCHS or one of MCHS's subsidiaries or affiliates. MCHS also
anticipates that such a business combination would result in, among other
things, Manor Care owning all of the issued and outstanding capital stock of the
Company, and the Common Stock of the Company ceasing to be listed for trading on
the Nasdaq National Market or any other securities exchange or automated
quotation system. Notwithstanding the foregoing, at this time, there is no
definitive agreement or understanding with respect to any business combination
between the Company and MCHS. The terms and conditions of such a definitive
agreement or understanding, if any, will ultimately determine the effects such
business combination would have with respect to the Company, the Common Stock
and the shareholders of the Company.
ITEM 7. PURPOSES, ALTERNATIVES, REASONS AND EFFECTS.
At this time, there is no definitive agreement or understanding with respect
to any business combination between the Company and Manor Care that constitutes
a Rule 13e-3 transaction. Accordingly, this item is not applicable.
ITEM 8. FAIRNESS OF THE TRANSACTION.
At this time, there is no definitive agreement or understanding with respect
to any business combination between the Company and Manor Care that constitutes
a Rule 13e-3 transaction. Accordingly, this item is not applicable.
ITEM 9. REPORTS, OPINIONS, APPRAISALS AND NEGOTIATIONS.
At this time, there is no definitive agreement or understanding with respect
to any business combination between the Company and Manor Care that constitutes
a Rule 13e-3 transaction. Accordingly, this item is not applicable.
ITEM 10. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
At this time, there is no definitive agreement or understanding with respect
to any business combination between the Company and Manor Care that constitutes
a Rule 13e-3 transaction. Accordingly, this item is not applicable.
ITEM 11. INTEREST IN SECURITIES OF THE SUBJECT COMPANY.
See Items 2 and 5 above regarding MCHS's and Manor Care's ownership of and
transactions involving the Company's Common Stock.
ITEM 12. THE SOLICITATION OR RECOMMENDATION.
At this time, there is no definitive agreement or understanding with respect
to any business combination between the Company and Manor Care that constitutes
a Rule 13e-3 transaction. Accordingly, this item is not applicable.
5
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ITEM 13. FINANCIAL STATEMENTS.
(a) Financial Information
(1) The Company's audited financial statements for 1999 and 1998 are
incorporated by reference from Item 8 of the Company's Annual Report on
Form 10-K for the year ended September 30, 1999, which was filed with the
Commission on December 10, 1999 (File No. 0-17490).
(2) The Company's unaudited balance sheets, comparative year-to-date income
statements and related earnings per share data, statements of cash flows, and
comprehensive income are incorporated by reference from Item 1 of the Company's
most recent quarterly report on Form 10-Q for the period ended March 31, 2000,
which was filed with the Commission on April 24, 2000 (File. No. 0-17490).
(3) Not applicable.
(4) The book value per share of the Common Stock as of March 31, 2000 was
$2.42.
(b) Pro Forma Information
Not applicable.
Information incorporated herein by reference have been filed by the Company
with the Commission as stated above. You may read and copy these reports,
statements or other information that the Company files at the Commission's
public reference rooms which are located at Room 1024, Judiciary Plaza, 450
Fifth Street, N.W. Washington D.C. 20549, and at the SEC's regional offices
located at Citicorp Center, 500 West Madison Street, Suite 1400, Chicago,
Illinois 60661 and Seven World Trade Center 13th Floor, New York, New York
10048. Copies of such materials are also available from the Public Reference
Section of the Commission at 450 Fifth Street N.W., Washington D.C. 20549 at
prescribed rates. Copies of such materials may also be accessed through the
Commission's Internet site at www.sec.gov.
ITEM 14. PERSONS/ASSETS, RETAINED, EMPLOYED, COMPENSATED OR USED.
At this time, there is no definitive agreement or understanding with respect
to any business combination between the Company and Manor Care that constitutes
a Rule 13e-3 transaction. Accordingly, this item is not applicable.
ITEM 15. ADDITIONAL INFORMATION.
Not applicable.
ITEM 16. EXHIBITS.
1. Registration Rights Agreement, dated as of October 24, 1995, by and between
In Home Health Inc. and Manor Healthcare Corp. (a)
2. Second Preferred Stock Modification Agreement, dated December 22, 1998, by
and between In Home Health, Inc. and ManorCare Health Services, Inc. (b)
3. Joint Filing Agreement, dated March 26, 1999, by and among ManorCare Health
Services, Inc., Manor Care, Inc. and HCR Manor Care, Inc. (b)
4. Letter, dated May 31, 2000, from ManorCare Health Services, Inc. to the
President of In Home Health, Inc. (c)
5. Stock Purchase Agreement, dated June 28, 2000, between Heartland
Advisors, Inc., on behalf of Heartland Value Fund, and ManorCare Health
Services, Inc. (d)
6. Irrevocable Proxy, dated June 28, 2000. (d)
6
<PAGE>
7. Letter Agreement, dated June 29, 2000, between ManorCare Health
Services, Inc. and RS Value Group, LLC, on behalf of RS Orphan Fund, L.P.
and RS Orphan Offshore Fund, L.P. (e)
8. Irrevocable Proxy, dated June 29, 2000. (e)
9. Letter Agreement, dated June 29, 2000, between ManorCare Health
Services, Inc. and Eastbourne Capital Management LLC, on behalf of Black
Bear Fund I, L.P., Black Bear Fund II, L.L.C., Black Bear Offshore Fund, and
Black Bear Pacific Master Fund. (e)
10. Irrevocable Proxy, dated June 20, 2000. (e)
11. Letter, dated July 10, 2000, from ManorCare Health Services, Inc. to the
Chairman of the Board of Directors of In Home Health, Inc. (f)
12. Letter, dated July 10, 2000, from ManorCare Health Services, Inc. to the
Chairman of the Board of Directors of In Home Health, Inc. withdrawing
request for special meeting. (f)
------------------------
(a) Filed as an exhibit to Schedule 13D, filed with the Commission on
October 27, 1995, by Manor Healthcare Corp.
(b) Filed as an exhibit to Schedule 13D (Amendment No. 1), filed with the
Commission on April 27, 1999, by MCHS.
(c) Filed as an exhibit to Schedule 13D (Amendment No. 3), filed with the
Commission on June 1, 2000, by MCHS.
(d) Filed as an exhibit to Schedule 13D (Amendment No. 4), filed with the
Commission on June 29, 2000, by MCHS.
(e) Filed as an exhibit to Schedule 13D (Amendment No. 5), filed with the
Commission on June 30, 2000, by MCHS.
(f) Filed as an exhibit to Schedule 13D (Amendment No. 6), filed with the
Commission on July 11, 2000, by MCHS.
7
<PAGE>
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.
<TABLE>
<S> <C>
MANORCARE HEALTH SERVICES, INC.
By: /s/ R. JEFFREY BIXLER
-------------------------------------------
Name: R. Jeffrey Bixler
Title: Vice President
Date: July 14, 2000
</TABLE>
8
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ANNEX A
The name, business address, and position with Manor Care, Inc., Manor Care
of America, Inc., and ManorCare Health Services, Inc., respectively, and the
present principal occupation or employment of each of the directors and
executive officers of such corporations are set forth below. Except as otherwise
indicated, each person listed below is a citizen of the United States and each
person's business address is 333 North Summit Street, Toledo, Ohio 43604,
telephone number (419) 252-5500.
1. DIRECTORS AND EXECUTIVE OFFICERS OF MANOR CARE, INC.
DIRECTORS
<TABLE>
<CAPTION>
NAME PRESENT PRINCIPAL OCCUPATION
---- ----------------------------
<S> <C>
John T. Schwieters Mr. Schwieters has served as Vice Chairman of Perseus, LLC,
a merchant banking firm, located at 16271 I Street,
Suite 610, Washington, D.C., 20006, telephone number
(202) 452-0101, since March, 2000. Prior March, 2000,
Mr. Schwieters was a partner at Arthur Andersen, an inter-
national public accounting firm.
Stewart Bainum, Jr. Mr. Bainum has been a director and Chairman of the Board
since September 1998. From March 1987 to September 1998,
Mr. Bainum was Chairman of the Board and Chief Executive
Officer of Manor Care of America, Inc. and was President of
Manor Care of America, Inc. from June 1989 to September
1998.
Joseph H. Lemieux Mr. Lemieux has served as Chairman and Chief Executive
Officer of Owens-Illinois, Inc., a manufacturer of glass
containers and plastics packaging, located at One SeaGate,
Toledo, Ohio 43666, telephone number (419) 247-5800, since
September 1990. Mr. Lemieux has been a member of the
Owens-Illinois Board of Directors since July 1984 and
Chairman of that Board since September 1991.
William H. Longfield Mr. Longfield has served as Chairman and Chief Executive
Officer of C.R. Bard, Inc., a multinational developer,
manufacturer and marketer of health care products, located
at 730 Central Avenue, Murray Hill, NJ, 07974, telephone
number (908) 277-8040, since September 1995 and was
President and Chief Executive Officer of C.R. Bard, Inc.
from June 1994 to September 1995.
Frederic V. Malek Mr. Malek has served as Chairman of Thayer Capital Partners,
a private equity investment firm, located at
1455 Pennsylvania Avenue, N.W., Washington, D.C. 20004,
telephone number (202) 371-0150, since January 1993.
Paul A. Ormond Mr. Ormond has been President and Chief Executive Officer of
Manor Care, Inc. since August 1991. Mr. Ormond was Chairman
of the Board from August 1991 until September 1998.
Robert G. Siefers Mr. Siefers has been Vice Chairman and Chief Financial
Officer of National City Corporation, a diversified
financial services company, located at 1900 East Ninth
Street, Cleveland, Ohio 44114, telephone number
(216) 575-2861, since October 1997. Mr. Siefers served as
Vice President and Chief Financial Officer of National City
Corporation from February 1991 until October 1997.
</TABLE>
9
<PAGE>
<TABLE>
<CAPTION>
NAME PRESENT PRINCIPAL OCCUPATION
---- ----------------------------
<S> <C>
M. Keith Weikel Mr. Weikel has served as Senior Executive Vice President and
Chief Operating Officer of Manor Care, Inc. since August
1991.
Gail R. Wilensky Ms. Wilensky has been a Senior Fellow at Project HOPE, a
not-for-profit international health education foundation,
located at 7500 Old Georgetown Road, Bethesda, MD 20814,
telephone (301) 656-7401, since January 1993.
Thomas L. Young Mr. Young has served as Executive Vice
President-Administration and General Counsel of
Owens-Illinois, Inc. manufacturer of glass containers and
plastics packaging, located at One SeaGate, Toledo,
OH 43604, telephone number (419) 247-1114, since
April 1992. Mr. Young is also a director of
Owens-Illinois, Inc.
</TABLE>
OFFICERS
<TABLE>
<CAPTION>
NAME TITLE
---- -----
<S> <C>
Paul A. Ormond President and Chief Executive Officer
M. Keith Weikel Senior Executive Vice President and Chief Operating Officer
Geoffrey G. Meyers Executive Vice President and Chief Financial Officer
R. Jeffrey Bixler Vice President and General Counsel
Steven M. Cavanaugh Vice President
William J. Chenevert Vice President
Nancy A. Edwards Vice President
R. Michael Ferguson Vice President
Larry R. Godla Vice President
John K. Graham Vice President
Jeffrey A. Grillo Vice President
Douglas G. Haag Vice President and Treasurer
David C. Heberling Vice President
J. Susan Hines Vice President
William H. Kinschner Vice President
David B. Lanning Vice President
Barry A. Lazarus Vice President
Larry C. Lester Vice President
Ann M. McDermott Vice President
Spencer C. Moler Vice President and Controller
O. William Morrison Vice President
Wade B. O'Brian Vice President
James P. Pagoaga Vice President
</TABLE>
10
<PAGE>
<TABLE>
<CAPTION>
NAME TITLE
---- -----
<S> <C>
Richard W. Parades Vice President
John I. Remenar Vice President
F. Joseph Schmitt Vice President
Joyce C. Smith Vice President
Ronald P. Traupane Vice President
Deborah J. Workman Vice President
Jo Ann Young Vice President
</TABLE>
2. DIRECTORS AND EXECUTIVE OFFICERS OF MANOR CARE OF AMERICA, INC.
DIRECTORS
<TABLE>
<CAPTION>
NAME PRESENT PRINCIPAL OCCUPATION
---- ----------------------------
<S> <C>
Paul A. Ormond Mr. Ormond has been President and Chief Executive Officer of
Manor Care, Inc. since August 1991. Mr. Ormond was Chairman
of the Board from August 1991 until September 1998.
M. Keith Weikel Mr. Weikel has served as Senior Executive Vice President and
Chief Operating Officer of Manor Care, Inc. since August
1991.
Geoffrey G. Meyers Executive Vice President and Chief Financial Officer of
Manor Care, Inc. since August 1991 and Treasurer of Manor
Care, Inc. from August 1991 to August 1998.
</TABLE>
OFFICERS
<TABLE>
<CAPTION>
NAME TITLE
---- -----
<S> <C>
Paul A. Ormond Chairman, President and Chief Executive Officer
M. Keith Weikel Senior Executive Vice President and Chief Operating Officer
Geoffrey G. Meyers Executive Vice President and Chief Financial Officer
R. Jeffrey Bixler Vice President, General Counsel and Secretary
Steven M. Cavanaugh Vice President
Nancy A. Edwards Vice President
Larry R. Godla Vice President
John K. Graham Vice President
Jeffrey A. Grillo Vice President
Douglas G. Haag Vice President and Treasurer
David C. Heberling Vice President
William H. Kinschner Vice President
David B. Lanning Vice President
Barry A. Lazarus Vice President
</TABLE>
11
<PAGE>
<TABLE>
<CAPTION>
NAME TITLE
---- -----
<S> <C>
Spencer C. Moler Vice President and Controller
O. William Morrison Vice President
Wade B. O'Brian Vice President
Richard W. Parades Vice President
John I. Remenar Vice President
F. Joseph Schmitt Vice President
</TABLE>
3. DIRECTORS AND EXECUTIVE OFFICERS OF MANORCARE HEALTH SERVICES, INC.
DIRECTORS
<TABLE>
<CAPTION>
NAME PRESENT PRINCIPAL OCCUPATION
---- ----------------------------
<S> <C>
Paul A. Ormond Mr. Ormond has been President and Chief Executive Officer of
Manor Care, Inc. since August 1991. Mr. Ormond was Chairman
of the Board from August 1991 until September 1998.
M. Keith Weikel Mr. Weikel has served as Senior Executive Vice President and
Chief Operating Officer of Manor Care, Inc. since August
1991.
Geoffrey G. Meyers Executive Vice President and Chief Financial Officer of
Manor Care, Inc. since August 1991 and Treasurer of Manor
Care, Inc. from August 1991 to August 1998.
</TABLE>
OFFICERS
<TABLE>
<CAPTION>
NAME TITLE
---- -----
<S> <C>
Paul A. Ormond Chairman, President and Chief Executive Officer
M. Keith Weikel Senior Executive Vice President and Chief Operating Officer
Geoffrey G. Meyers Executive Vice President and Chief Financial Officer
R. Jeffrey Bixler Vice President, General Counsel and Secretary
Steven M. Cavanaugh Vice President
Nancy A. Edwards Vice President
Larry R. Godla Vice President
John K. Graham Vice President
Jeffrey A. Grillo Vice President
Douglas G. Haag Vice President and Treasurer
David C. Heberling Vice President
William H. Kinschner Vice President
David B. Lanning Vice President
Barry A. Lazarus Vice President
Spencer C. Moler Vice President and Controller
</TABLE>
12
<PAGE>
<TABLE>
<CAPTION>
NAME TITLE
---- -----
<S> <C>
O. William Morrison Vice President
Wade B. O'Brian Vice President
Richard W. Parades Vice President
John I. Remenar Vice President
F. Joseph Schmitt Vice President
Ronald P. Traupane Vice President
</TABLE>
13
