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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Amendment No. 1
to
SCHEDULE 14D-1
Tender Offer Statement Pursuant to Section
14(d)(1) of the Securities Exchange Act of 1934
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ReSound Corporation
(Name of Subject Company)
GN Great Nordic Ltd.
GN Acquisition Corporation
(Bidders)
Common Stock, Par Value $0.01 per Share
(Title of Class of Securities)
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761194109
(CUSIP Number)
Jorn Kildegaard
c/o John A. Bick, Esq.
Davis Polk & Wardwell
450 Lexington Avenue
New York, New York 10017
Telephone: (212) 450-4350
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications on Behalf of Bidders)
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Copies to:
John A. Bick, Esq.
Davis Polk & Wardwell
450 Lexington Avenue
New York, New York 10017
Telephone: (212) 450-4350
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<PAGE>
CUSIP No. 761194109
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1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
GN Acquisition Corporation
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
AF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
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7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
0
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8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7)
EXCLUDES CERTAIN SHARES |_|
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9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
0%
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10 TYPE OF REPORTING PERSON
CO
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<PAGE>
CUSIP No. 761194109
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1 NAMES OF REPORTING PERSONS
S.S. or I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
GN Great Nordic Ltd.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Denmark
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7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
0
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8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7)
EXCLUDES CERTAIN SHARES |_|
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9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
0%
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10 TYPE OF REPORTING PERSON
HC, CO
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<PAGE>
This Amendment No. 1 amends and supplements the Tender Offer Statement on
Schedule 14D-1 (the "Schedule 14D-1") originally filed with the Securities and
Exchange Commission on May 14, 1999 by GN Acquisition Corporation
("Purchaser") and GN Great Nordic Ltd. with respect to a tender offer by
Purchaser to purchase all outstanding shares of common stock, par value $0.01
per share (including the associated preferred share purchase rights) of
ReSound Corporation.
All capitalized terms used in this Amendment No. 1 without definition
have the meanings attributed to them in the Schedule 14D-1.
Item 10. Additional Information.
The response to Item 10(b) and 10(c) is hereby amended by adding the
following statement:
The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act
of 1976 applicable to the purchase of the Shares pursuant to the Offer expired
as of 11:59 P.M. on May 29, 1999. A copy of the press release, dated June 1,
1999, issued jointly by Parent and the Company disclosing this information is
attached hereto as Exhibit (a)(8) and is incorporated herein by reference.
Item 11. Material to be Filed as Exhibits.
The response to Item 11 is hereby amended to add the following exhibit:
(a)(8) Text of joint press release issued by Parent and the Company on
June 1, 1999.
<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.
Dated: June 1, 1999
GN ACQUISITION CORPORATION
By: /s/ Donald Stevenson
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Name: Donald Stevenson
Title: Secretary
GN GREAT NORDIC LTD.
By: /s/ Jorgen Lindegaard
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Name: Jorgen Lindegaard
Title: President and Chief
Executive Officer
By: /s/ Jorn Kildegaard
------------------------------
Name: Jorn Kildegaard
Title: Executive Vice President
<PAGE>
EXHIBITS INDEX
Exhibit
Number Title
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(a)(1) Offer to Purchase dated May 14, 1999.*
(a)(2) Letter of Transmittal (including Guidelines for Certification of
Taxpayer Identification Number on Substitute Form W-9).*
(a)(3) Notice of Guaranteed Delivery.*
(a)(4) Letter to Brokers, Dealers, Commercial Banks, Trust Companies and
Other Nominees.*
(a)(5) Letter to Clients for use by Brokers, Dealers, Commercial Banks,
Trust Companies and Other Nominees.*
(a)(6) Text of press release issued by Parent dated May 10, 1999.*
(a)(7) Form of summary advertisement dated May 14, 1999.*
(a)(8) Text of joint press release issued by Parent and the Company on
June 1, 1999.**
(b) Not applicable.
(c)(1) Agreement and Plan of Merger dated as of May 10, 1999 among ReSound
Corporation, GN Great Nordic Ltd. and GN Acquisition Corporation.*
(c)(2) Stock Option Agreement dated as of May 10, 1999 among ReSound
Corporation, GN Great Nordic Ltd. and GN Acquisition Corporation.*
(c)(3) Form of Letter regarding Change of Control Agreement.*
(d) Not applicable.
(e) Not applicable.
(f) Not applicable.
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* Previously Filed.
** Filed with this Amendment No. 1.
Exhibit (a)(8)
GN GREAT NORDIC AND RESOUND ANNOUNCE
EXPIRATION OF HART-SCOTT-RODINO WAITING PERIOD
New York, New York, June 1, 1999 -- GN Great Nordic and ReSound
Corporation today announced that the waiting period under the
Hart-Scott-Rodino Antitrust Improvements Act has expired, allowing GN Great
Nordic to proceed with its acquisition of ReSound.
As previously announced, GN Great Nordic and ReSound are parties to a
merger agreement. Under the terms of the merger agreement, on May 14, 1999, a
subsidiary of GN Great Nordic commenced a tender offer to purchase all of the
outstanding shares of ReSound for $8.00 per share. The tender offer is
scheduled to expire at 12:00 Midnight, New York City time, on Friday, June 11,
1999, unless extended, and is subject to a number of conditions including a
minimum of ninety percent of ReSound's outstanding shares being properly
tendered prior to the expiration of the offer and not withdrawn. Following
consummation of the tender offer, the merger agreement provides for the
acquisition by GN Great Nordic of the remaining shares of ReSound in a merger
between ReSound and a subsidiary of GN Great Nordic.
