ESSEX INTERNATIONAL INC /
SC 14D1/A, 1998-11-16
DRAWING & INSULATING OF NONFERROUS WIRE
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
 
                            ------------------------
 
                                 SCHEDULE 14D-1
                   TENDER OFFER STATEMENT PURSUANT TO SECTION
                14(D)(1) OF THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 1)
 
                            ------------------------
 
                            ESSEX INTERNATIONAL INC.
                           (NAME OF SUBJECT COMPANY)
                             SUT ACQUISITION CORP.
 
                             SUPERIOR TELECOM INC.
                                   (BIDDERS)
 
                         ------------------------------
 
                    COMMON STOCK, PAR VALUE $0.01 PER SHARE
                         (TITLE OF CLASS OF SECURITIES)
 
                         ------------------------------
 
                                  297025 10 8
                     (CUSIP NUMBER OF CLASS OF SECURITIES)
 
                         ------------------------------
 
                                STEVEN S. ELBAUM
                             SUT ACQUISITION CORP.
                             SUPERIOR TELECOM INC.
                                 1790 BROADWAY
                         NEW YORK, NEW YORK 10019-1412
                                 (212) 757-3333
      (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE
              NOTICES AND COMMUNICATIONS ON BEHALF OF THE BIDDER)
 
                         ------------------------------
 
                                    COPY TO
 
                              RONALD R. PAPA, ESQ.
                               PROSKAUER ROSE LLP
                                 1585 BROADWAY
                            NEW YORK, NEW YORK 10036
                                 (212) 969-3000
 
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    This Amendment No. 1 to the Tender Offer Statement on Schedule 14D-1 (the
"Statement") relates to the offer by SUT Acquisition Corp., a corporation
organized and existing under the laws of the State of Delaware ("Purchaser") and
a wholly owned subsidiary of Superior TeleCom Inc., a corporation organized and
existing under the laws of the State of Delaware ("Parent"), to purchase up to
22,562,135 shares of common stock, par value $0.01 per share (the "Shares"), of
Essex International Inc., a corporation organized and existing under the laws of
the State of Delaware (the "Company"), at a price of $32.00 per Share, net to
the seller in cash (subject to applicable withholding of taxes), without
interest, upon the terms and subject to the conditions set forth in Purchaser's
Offer to Purchase, dated October 28, 1998 (the "Offer to Purchase"), and in the
related Letter of Transmittal (which, together with any amendments or
supplements thereto, collectively constitute the "Offer"), copies of which were
filed with the Statement as Exhibits (a)(1) and (a)(2), respectively.
 
ITEM 10. ADDITIONAL INFORMATION.
 
    Item 10(b)-(c) is hereby amended and supplemented by adding thereto the
following:
 
    On November 13, 1998, the 15-day waiting period under the Hart-Scott-Rodino
Antitrust Improvements Act of 1976, as amended, expired without the Federal
Trade Commission or the Department of Justice issuing a second request for
information. A copy of the press release, dated November 16, 1998, issued by
Parent disclosing this information is attached hereto as Exhibit (a)(9) and is
incorporated herein by reference.
 
    Item 10(f) is hereby amended as follows:
 
    Reference to "the Company" in the following sentence on page 12 in Section 7
("Certain Information Concerning the Company") of the Offer to Purchase is
hereby deleted:
 
    "None of Parent, Purchaser, the Company nor any of their respective
    affiliates assumes any responsibility for the validity, reasonableness,
    accuracy or completeness of the projections."
 
ITEM 11. MATERIAL TO BE FILED AS EXHIBITS.
 
    Item 11 is hereby amended by adding the following exhibit:
 
<TABLE>
<S>        <C>
(a)(9)     Press release issued by Parent on November 16, 1998
</TABLE>
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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.
 
                                SUT ACQUISITION CORP.
 
                                By:             /s/ STEVEN S. ELBAUM
                                     -----------------------------------------
                                     Name: Steven S. Elbaum
                                     Title:  Chairman of the Board, President
                                           and Chief Executive Officer
 
                                SUPERIOR TELECOM INC.
 
                                By:             /s/ STEVEN S. ELBAUM
                                     -----------------------------------------
                                     Name: Steven S. Elbaum
                                     Title:  Chairman of the Board, President
                                           and Chief Executive Officer
 
November 16, 1998
<PAGE>
                                 EXHIBIT INDEX
 
<TABLE>
<CAPTION>
EXHIBIT NO.
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<S>          <C>
 
(a)(9)       Press release issued by Parent on November 16, 1998
</TABLE>

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                                                                Exhibit 99(a)(9)

FOR IMMEDIATE RELEASE:
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COMPANY CONTACT:
SUZANNE D. FERNANDEZ
CORPORATE COMMUNICATIONS
212-757-3333


        SUPERIOR TELECOM INC. ANNOUNCES EXPIRATION OF HART-SCOTT-RODINO
           WAITING PERIOD; TO PROCEED WITH ACQUISITION AND MERGER OF
                          ESSEX INTERNATIONAL INC.

        New York, NY November 16, 1998 -- Superior TeleCom Inc. (NYSE:SUT) 
today announced that the 15-day waiting period under the Hart-Scott-Rodino 
Antitrust Improvements Act has expired, allowing Superior to proceed with its 
acquisition of Essex International Inc. (NYSE:SXC).

        As previously announced, Superior and Essex are parties to a merger 
agreement.  Under the terms of the merger agreement, on October 28, 1998 
Superior commenced a tender offer to purchase up to approximately 81% of the 
outstanding shares of Essex for $32 per share.  The tender offer is scheduled 
to expire on November 25, 1998, unless extended, and is subject to a number 
of conditions.  Following consummation of the tender offer, the merger 
agreement provides for the acquisition by Superior of the remaining shares of 
Essex in a merger between Essex and a subsidiary of Superior.

        Steven S. Elbaum, Chairman and Chief Executive Officer of Superior 
stated that "we are pleased that the regulatory review concluded 
expeditiously so that we may move ahead to complete the Essex acquisition and 
merger as planned and implement the resulting benefits to our shareholders 
and customers."

        Superior TeleCom Inc. is a leading manufacturer and supplier of 
telecommunications cable and wire products to telephone companies, 
distributors and system integrators.  It also develops and manufactures voice 
and data multiplexers and other electronics and signal processing components 
and systems.

        Except for the historical information herein, the matters discussed 
in this news release include forward-looking statements that may involve a 
number or risks and uncertainties.  Actual results may vary significantly 
based on a number of factors, including, but not limited to, risks in product 
and technology development, market acceptance of new products and continuing 
product demand, the impact of competitive products and pricing, changing 
economic conditions, including changes in short term interest rates foreign 
currency fluctuation and other risk factors detailed in the Company's most 
recent annual report and other filings with the Securities and Exchange 
Commission.

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