SAFETY KLEEN CORP
SC 14D9/A, 1998-02-05
BUSINESS SERVICES, NEC
Previous: ROCK OF AGES CORP, S-8, 1998-02-05
Next: SAFETY KLEEN CORP, SC 14D1/A, 1998-02-05



<PAGE>
 
                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549
                               ________________

                                Amendment No. 9
                                      to
                                SCHEDULE 14D-9

                 (AS AMENDED AND RESTATED AT JANUARY 6, 1998)

                Solicitation/Recommendation Statement Pursuant
                          to Section 14(d)(4) of the
                        Securities Exchange Act of 1934
                                ________________

                              SAFETY-KLEEN CORP.
                           (Name of Subject Company)


                              SAFETY-KLEEN CORP.
                     (Names of Person(s) Filing Statement)

                    Common Stock, Par Value $0.10 Per Share
            (Including the Associated Common Share Purchase Rights)
                        (Title of Class of Securities)

                                   786484105
                     (CUSIP Number of Class of Securities)

                              DONALD W. BRINCKMAN
                     Chairman And Chief Executive Officer
                               One Brinckman Way
                          Elgin, Illinois  60123-7857
                                (847) 697-8460

                 (Name, Address and Telephone Number of Person
               Authorized to Receive Notices and Communications
                 on Behalf of the Person(s) filing Statement)

                                ________________

                                With a copy to:
                             DENNIS N. NEWMAN, ESQ.
                         Sonnenschein Nath & Rosenthal
                                  Sears Tower
                            Chicago, Illinois  60606
                                (312) 876-8000
<PAGE>
 
                                 INTRODUCTION

     Safety-Kleen Corp. ("Safety-Kleen") hereby amends and supplements its
Solicitation/Recommendation Statement on Schedule 14D-9, as amended and restated
at January 6, 1998 and amended on January 9, 1998, January 12, 1998, January 14,
1998, January 16, 1998, January 20, 1998, January 21, 1998, January 26, 1998,
and January 27, 1998 (as amended, the "Schedule 14D-9"), with respect to the
exchange offer made by LES Acquisition, Inc., a wholly-owned subsidiary of
Laidlaw Environmental Services, Inc., for all of the outstanding Shares.
Capitalized terms not defined herein have the meanings assigned thereto in the
Schedule 14D-9.

Item 8.  Additional Information to be Furnished.

     Item 8 of the Schedule 14D-9 is hereby amended and supplemented by adding
the following text thereto:

          On February 4, 1998, Safety-Kleen issued a press release, a copy of
     which is attached hereto as Exhibit 30 and is incorporated herein by
     reference, announcing a U.S. District court ruling affirming the decision
     of the Safety-Kleen Board to leave the Company's shareholder rights
     agreement in place with respect to Laidlaw Environmental's hostile tender
     offer. The Court's decision does not address Safety-Kleen's ability to
     leave the shareholder rights agreement in place with respect to Laidlaw
     Environmental's January 28 revised tender offer, as to which the Board has
     not made its determination.

Item 9.  Materials to be Filed as Exhibits.

     Item 9 of the Schedule 14D-9 is hereby amended and supplemented by adding
the following text thereto:

     Exhibit 30 Press Release issued by Safety-Kleen Corp., dated February 4,
1998.

<PAGE>
 
                                   SIGNATURE
                                   ---------
                                        

     After reasonable 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.

                         SAFETY-KLEEN CORP.



                         By: /s/  Donald W. Brinckman
                             -------------------------------------------------
                             Name: Donald W. Brinckman
                             Title: Chairman and Chief Executive Officer

Dated: February 4, 1998
<PAGE>
 
                                 EXHIBIT INDEX

     Except as noted below, the following Exhibits have been previously filed in
connection with this Statement.

Exhibit No.                           Description
- -----------    -----------------------------------------------------------------

Exhibit 1      Excerpts from Safety-Kleen's Proxy Statement, dated March 28,
               1997, relating to Safety-Kleen's 1997 Annual Meeting of
               Shareholders.

Exhibit 2      Share Ownership of Certain Beneficial Owners and Management.

Exhibit 3      Agreement and Plan of Merger, dated as of November 20, 1997, by
               and among SK Parent Corp., SK Acquisition Corp. and Safety-Kleen
               Corp.

Exhibit 4      Form of Change of Control Severance Agreement.

Exhibit 5      Letter to Shareholders of Safety-Kleen, dated January 6, 1998.

Exhibit 6      Press Release issued by Safety-Kleen Corp., dated December 22,
               1997.

Exhibit 7      Text of September 24, 1997 letter from Laidlaw Environmental
               Services, Inc.

Exhibit 8      Text of November 4, 1997 letter from Laidlaw Environmental
               Services, Inc.

Exhibit 9      Text of November 13, 1997 letter from Laidlaw Environmental
               Services, Inc.

Exhibit 10     Complaint filed by Safety-Kleen Corp. v. Laidlaw Environmental
               Services, Inc. (dated November 17, 1997, United States District
               Court for the Northern District of Illinois Eastern Division)

Exhibit 11     Opinion of William Blair & Company L.L.C., dated November 20,
               1997

Exhibit 12     Text of November 20, 1997 letter from Laidlaw Environmental
               Services, Inc.

Exhibit 13     Verified Answer, Affirmative Defenses, and Counterclaim filed by
               Laidlaw Environmental Services, Inc. v. Safety-Kleen Corp., et.
               al. (dated November 24, 1997, United States District Court for
               the Northern District of Illinois Eastern Division)

Exhibit 14     Opinion of William Blair & Company L.L.C., dated December 20,
               1997

<PAGE>
 
Exhibit No.                             Description
- -----------    -----------------------------------------------------------------

Exhibit 15     Complaint filed by William Steiner against Donald W. Brinckman,
               et al. (dated November 4, 1997, Circuit Court of Cook County,
               Illinois County Department, Chancery Division).

Exhibit 16     Complaint filed by Josh Kaplan against Donald W. Brinckman, et
               al. (dated November 5, 1997, Circuit Court of Cook County,
               Illinois County Department, Chancery Division).

Exhibit 17     Complaint filed by Gershon Knoll against Richard T. Farmer, et
               al. (dated November 5, 1997, Circuit Court of Cook County,
               Illinois County Department, Chancery Division).

Exhibit 18     Complaint filed by Larry Hanon against Safety-Kleen Corp. et al.,
               (dated November 5, 1997, Circuit Court of Cook County, Illinois
               County Department, Chancery Division).

Exhibit 19     Complaint filed by Robin Fernhoff against Safety-Kleen Corp., et
               al. (dated November 6, 1997, Circuit Court of Cook County,
               Illinois County Department, Chancery Division).

Exhibit 20     Complaint filed by Epstein Family Trust against Safety-Kleen
               Corp., et al. (dated November 12, 1997, Circuit Court of Cook
               County, Illinois County Department, Chancery Division).

Exhibit 21     Complaint filed by David Steinberg against Safety-Kleen Corp., et
               al. (dated December 5, 1997, Circuit Court of Cook County,
               Illinois County Department, Chancery Division).

Exhibit 22     Press Release issued by Safety-Kleen Corp., dated January 8,
               1998.

Exhibit 23     Press Release issued by Safety-Kleen Corp., dated January 9,
               1998.

Exhibit 24     Definitive Additional Materials.

Exhibit 25     Press Release issued by Safety-Kleen Corp., dated January 15,
               1998.

Exhibit 26     Definitive Additional Materials.

Exhibit 27     Definitive Additional Materials.

Exhibit 28     Definitive Additional Materials.

Exhibit 29     Press Release issued by Safety-Kleen Corp., dated January 27,
               1998.

Exhibit 30*    Press Release issued by Safety-Kleen Corp., dated February 4,
               1998.


____________

     *Filed herewith.


<PAGE>

                                                                      EXHIBIT 30


FOR IMMEDIATE RELEASE                              CONTACT:  Maureen Fisk
                                                             (847)468-2452

                            SAFETY-KLEEN ANNOUNCES
                     RULING IN U.S. DISTRICT COURT ACTION

     Elgin, Illinois-Feb. 4, 1998 - Safety-Kleen Corp. (SK;NYSE) today announced
that U.S. District Court Judge Joan Gottschall issued a ruling affirming the 
decision of the Safety-Kleen Board to leave the Company's shareholder rights 
agreement in place with respect to Laidlaw Environmental's hostile tender offer.
The Court's decision does not address Safety-Kleen's ability to leave the 
shareholder rights agreement in place with respect to Laidlaw Environmental's 
January 28 revised tender offer, as to which the Board has not made its 
determination.

     Donald W. Brinckman, Safety-Kleen Chairman and Chief Executive Officer 
announced, "We are gratified that Judge Gottschall did not grant Laidlaw 
Environmental's motion to exempt it from Safety-Kleen's shareholder rights 
agreement, which was adopted in 1988."  Brinckman added, "Furthermore, we are 
pleased that Judge Gottschall recognized the Company's need to have this 
defensive mechanism in place to conduct a disciplined auction process and 
encourage potential acquirors to deal directly with our Board before acquiring 
more than 20% of our stock."

     Safety-Kleen is an environmental and industrial services company dedicated 
to helping nearly 400,000 automotive and industrial customers recycle their 
waste streams.

                                     -END-


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission