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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
________________
SCHEDULE 14D-1/A
Tender Offer Statement Pursuant to Section 14(d)(1)
of the Securities Exchange Act of 1934
NetWorth, Inc.
(Name of Subject Company)
Compaq-Dallas, Inc.
(Bidder)
a direct wholly owned subsidiary of
Compaq Computer Corporation
Common Stock, $0.01 Par Value Per Share
(Title of Class of Securities)
64122110
(CUSIP Number of Class of Securities)
Wilson D. Fargo
Senior Vice President, General
Counsel and Secretary
Compaq Computer Corporation
20555 SH 249
P.O. Box 692000
Houston, TX 77070
Telephone: (713) 514-1463
(Name, Address and Telephone Number
of Person Authorized to Receive Notices
and Communications on Behalf of Bidder)
Copies to:
Christopher Mayer
Davis Polk & Wardwell
450 Lexington Avenue
New York, New York 10017
Telephone: (212) 450-4000
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| CUSIP NO. 64122110 |
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| 1 | NAMES OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON |
| | Compaq Computer Corporation |
| | 76-0011617 |
- -----------------------------------------------------------------------------
| | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | (a) [ ] |
| | (b) [ ] |
- -----------------------------------------------------------------------------
| 3 | SEC USE ONLY |
- -----------------------------------------------------------------------------
| 4 | SOURCE OF FUNDS* |
| | BK, WC |
- -----------------------------------------------------------------------------
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS |
| | REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) [ ] |
- -----------------------------------------------------------------------------
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | Delaware |
- -----------------------------------------------------------------------------
| 7 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH |
| | REPORTING PERSON |
| | 0 |
- -----------------------------------------------------------------------------
| 8 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) |
| | EXCLUDES CERTAIN SHARES* [ ] |
- -----------------------------------------------------------------------------
| 9 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7) |
| | 0 |
- -----------------------------------------------------------------------------
| 10 | TYPE OF REPORTING PERSON* |
| | HC, CO |
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| CUSIP NO. 64122110 |
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| 1 | NAMES OF REPORTING PERSONS |
| | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON |
| | Compaq-Dallas, Inc. |
- -----------------------------------------------------------------------------
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* |
| | (a) [ ] |
| | (b) [ ] |
- -----------------------------------------------------------------------------
| 3 | SEC USE ONLY |
- -----------------------------------------------------------------------------
| 4 | SOURCE OF FUNDS* |
| | BK WC |
- -----------------------------------------------------------------------------
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS |
| | REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) [ ] |
- -----------------------------------------------------------------------------
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | Delaware |
- -----------------------------------------------------------------------------
| 7 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH |
| | REPORTING PERSON |
| | 0 |
- -----------------------------------------------------------------------------
| 8 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) |
| | EXCLUDES CERTAIN SHARES* [ ] |
- -----------------------------------------------------------------------------
| 9 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7) |
| | 0 |
- -----------------------------------------------------------------------------
| 10 | TYPE OF REPORTING PERSON* |
| | CO |
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This amends and supplements the Tender Offer Statement on Schedule 14D-1
of Compaq-Dallas, Inc., a Delaware corporation ("Purchaser") and a
wholly-owned subsidiary of Compaq Computer Corporation, a Delaware
corporation ("Parent"), filed by Purchaser and Parent with the Securities
and Exchange Commission (the "Commission") on November 9, 1995 (the
"Schedule 14D-1"), in connection with the offer by Purchaser for all
outstanding shares of Common Stock, $.01 par value, of NetWorth, Inc., a
Delaware corporation (the "Company"). Unless otherwise indicated, all
capitalized terms used herein shall have the same meaning as set forth in
the Schedule 14D-1.
Item 10. Additional Information.
(b) Parent is named as co-defendant, together with the Company and its
directors John F. McHale, Paul S. Zito, Michael R. Corboy, R. Michael Franz
and Roel Pieper, in a complaint that was filed on November 13, 1995, in a
purported class action for breach of fiduciary duty. The complaint was filed
with the Court of Chancery of the State of Delaware, New Castle County. The
plaintiff in such action is Gary White, on behalf of himself and all others
similarly situated. The complaint alleges that directors of the Company
breached their fiduciary duties by entering into a merger agreement with
Parent. The complaint also alleges that Parent is an aider and abettor of
such breach. The complaint seeks, among other things, injunctive relief and
unspecified damages.
(c) The waiting period under the Hart-Scott-Rodino Antitrust
Improvements Act of 1976 expired at 11:59 p.m. on Friday, November 24, 1995.
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: November 28, 1995
Compaq-Dallas, Inc.
By /s/ David J. Schempf
___________________________
David J. Schempf
Vice President & Treasurer
Compaq Computer Corporation
By /s/ David J. Schempf
___________________________
David J. Schempf
Vice President, Corporate
Finance, Corporate Controller
& Treasurer
