AYDIN CORP
SC 14D1/A, 1999-04-01
RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
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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
                                       AND
                                  STATEMENT ON
                                  SCHEDULE 13D
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                                 AMENDMENT NO. 1

                                 --------------

                                AYDIN CORPORATION
                            (NAME OF SUBJECT COMPANY)

                          ANGEL ACQUISITION CORPORATION
                         L-3 COMMUNICATIONS CORPORATION
                        L-3 COMMUNICATIONS HOLDINGS, INC.
                                    (BIDDER)

                     COMMON STOCK, PAR VALUE $1.00 PER SHARE
                         (TITLE OF CLASS OF SECURITIES)

                                 --------------

                                    05468110
                      (CUSIP NUMBER OF CLASS OF SECURITIES)

                                 --------------

                          CHRISTOPHER C. CAMBRIA, ESQ.
                  VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY
                         L-3 COMMUNICATIONS CORPORATION
                                600 THIRD AVENUE
                               NEW YORK, NY 10016
                            TELEPHONE: (212) 697-1111
           (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO
             RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF BIDDER)

                                    Copy to:
                             WILLIAM E. CURBOW, ESQ.
                           SIMPSON THACHER & BARTLETT
                              425 LEXINGTON AVENUE
                            NEW YORK, NEW YORK 10017
                            TELEPHONE: (212) 455-2000

                                 --------------

================================================================================

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     This Amendment No. 1 amends and supplements the Tender Offer Statement on
Schedule 14D-1 and Statement on Schedule 13D (the "Schedule 14D-1/13D") relating
to the offer by Angel Acquisition Corporation, a Delaware corporation
("Purchaser") and a wholly owned subsidiary of L-3 Communications Corporation, a
Delaware corporation ("Parent") and a wholly owned subsidiary of L-3
Communications Holdings, Inc., a Delaware corporation ("Holdings"), to purchase
all of the outstanding shares of Common Stock, par value $1.00 per share (the
"Shares"), of Aydin Corporation, a Delaware corporation (the "Company"), at a
purchase price of $13.50 per Share, net to the seller in cash, without interest
thereon, upon the terms and subject to the conditions set forth in the Offer to
Purchase, dated as of March 5, 1999 (the "Offer to Purchase") and in the related
Letter of Transmittal (which, as amended from time to time, together constitute
the "Offer").


     All capitalized terms used herein and not defined herein shall have the
meanings set forth in the Offer to Purchase.


ITEM 5. PURPOSE OF THE TENDER OFFER AND PLANS OR PROPOSALS OF THE BIDDER.


     Item 5 of the Schedule 14D-1 is hereby amended and supplemented as follows:


     On April 1, 1999, Parent issued a press release announcing that Purchaser
has extended the period during which the Offer will remain open to 12:00
midnight, New York City time, on April 14, 1999, unless the Offer is further
extended. The full text of the press release is set forth in exhibit (a)(9) and
is incorporated herein by reference.


ITEM 10. ADDITIONAL INFORMATION.


     Item 10 (b), (c) and (d) of the Schedule 14D-1 is hereby amended and
supplemented as follows:


     On March 24, 1999 Parent filed a Notification and Report Form with respect
to the Offer and the Merger under the HSR Act and requested early termination of
the waiting period thereunder. Unless the Antitrust Division or the FTC requests
additional information from Parent or early termination is granted, the waiting
period under the HSR Act will expire at 11:59 p.m., New York City time, on
April 8, 1999.


ITEM 11. MATERIAL TO BE FILED AS EXHIBITS.


     Item 11 of the Schedule 14D-1 is hereby amended and supplemented as
follows:


     (a)(9) Press Release dated April 1, 1999.

                                       2
<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.
 


                                   L-3 COMMUNICATIONS HOLDINGS, INC.


                                   By: /s/ CHRISTOPHER C. CAMBRIA
                                       -----------------------------------------
                                       Name:  Christopher C. Cambria
                                       Title: Vice President and General Counsel


                                   L-3 COMMUNICATIONS CORPORATION


                                   BY: /s/ CHRISTOPHER C. CAMBRIA
                                       -----------------------------------------
                                       Name:  Christopher C. Cambria
                                       Title: Vice President, General Counsel
                                              and Secretary


                                   ANGEL ACQUISITION CORPORATION


                                   By: /s/ CHRISTOPHER C. CAMBRIA
                                       -----------------------------------------
                                       Name:  Christopher C. Cambria
                                       Title: President and Secretary

Date: April 1, 1999

                                       3
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                                INDEX TO EXHIBITS




   EXHIBIT                                                PAGE
- -------------                                             ----
   (a)(9)      Press Release dated April 1, 1999





















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                                                                EXHIBIT (A)(9) 

      L-3 COMMUNICATIONS ANNOUNCES HART-SCOTT-RODINO FILING AND EXTENDS 
               TENDER OFFER FOR AYDIN CORPORATION COMMON STOCK 

New York -- (BUSINESS WIRE) -- April 1, 1999 -- L-3 Communications (NYSE: LLL)
today announced that it has filed a Notification and Report Form under the
Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the tender
offer for the common stock of Aydin Corporation and the related merger and has
requested early termination of the waiting period under the Act. Unless a
request for additional information is made or early termination is granted, the
waiting period under the Act will expire at 11:59 p.m., Eastern Standard time,
on April 8, 1999. As a result, the Company has extended its tender offer for
the shares of Aydin common stock to 12:00 Midnight, Eastern Standard time, on
April 14, 1999. The tender offer had been set to expire at 12:00 Midnight,
Eastern Standard time on April 1, 1999.

At the close of business on March 31, 1999, approximately 2,760,080 shares of 
Aydin common stock, representing approximately 52.9% of the outstanding Aydin 
shares (47.1% on a fully diluted basis), had been validly tendered in 
connection with the tender offer. 

L-3 Communications is a leading merchant supplier of secure communication 
systems and products, microwave components, avionics and ocean systems and 
telemetry, instrumentation, space and wireless products. Its customers 
include the Department of Defense, selected U.S. government intelligence 
agencies, aerospace and defense prime contractors, foreign governments and 
commercial telecommunications and cellular customers. 


CONTACT: Cynthia Swain 
         Vice President, Corporation Communications 
         L-3 Communications 
         212-697-1111
              or 
         Morgen-Walke Associates 
         Gordon McCoun, Eric Boyriven
         Media Contact: Brian Maddox 
         212-850-5600 

                      




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