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
(AMENDMENT NO. 5)
(FINAL AMENDMENT)
AND
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
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PROXIMA CORPORATION
(NAME OF SUBJECT COMPANY)
BD ACQUISITION CORP.
ASK ASA
(BIDDERS)
COMMON STOCK, PAR VALUE $.001
(TITLE OF CLASS OF SECURITIES)
744287103
(CUSIP NUMBER OF CLASS OF SECURITIES)
-------------------------------------
OLE J. FREDRIKSEN
PRESIDENT AND CHIEF EXECUTIVE OFFICER
ASK ASA
K.G. MELDAHLSVEI 9
N-1602 FREDRIKSTAD
NORWAY
(47 69) 34 0155
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF BIDDER)
----------------------------------------
COPY TO:
John A. Healy, Esq.
Rogers & Wells LLP
200 Park Avenue
New York, New York 10166
(212) 878-8000
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CUSIP No. 744287103 14D-1 AND 13D Page 2 of 6
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<S> <C>
1. Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons
BD ACQUISITION CORP.
- ------------------------------------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a)<square>
(b)<square>
- -------------------------------------------------------------------------------------------------------------
3. SEC Use Only
- -------------------------------------------------------------------------------------------------------------
4. Sources of Funds
BK, AF
- -------------------------------------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(e) or 2(f)
<square>
- -------------------------------------------------------------------------------------------------------------
6. Citizenship or Place of Organization
DELAWARE
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7. Aggregate Amount Beneficially Owned by Each Reporting Person
6,596,224
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8. Check if the Aggregate Amount in Row 7 Excludes Certain Shares
<square>
- -------------------------------------------------------------------------------------------------------------
9. Percent of Class Represented by Amount in Row 7
91.8%
- -------------------------------------------------------------------------------------------------------------
10. Type of Reporting Person
CO
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<PAGE>
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CUSIP No. 744287103 14D-1 AND 13D Page 3 of 6
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<S> <C>
1. Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons
ASK asa
- -------------------------------------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a)<square>
(b)<square>
- -------------------------------------------------------------------------------------------------------------
3. SEC Use Only
- -------------------------------------------------------------------------------------------------------------
4. Sources of Funds
WC
- --------------------------------------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(e) or 2(f)
<square>
- -------------------------------------------------------------------------------------------------------------
6. Citizenship or Place of Organization
KINGDOM OF NORWAY
- -------------------------------------------------------------------------------------------------------------
7. Aggregate Amount Beneficially Owned by Each Reporting Person
6,596,224
- -------------------------------------------------------------------------------------------------------------
8. Check if the Aggregate Amount in Row 7 Excludes Certain Shares
<square>
- -------------------------------------------------------------------------------------------------------------
9. Percent of Class Represented by Amount in Row 7
91.8%
- -------------------------------------------------------------------------------------------------------------
10. Type of Reporting Person
CO
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</TABLE>
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TENDER OFFER
This Statement constitutes (i) the final amendment to the Tender Offer
Statement on Schedule 14D-1 originally filed with the Commission on March 13,
1998 (the "Schedule 14D-1"), as amended by Amendment Nos. 1, 2, 3 and 4 filed
with the Commission on March 26, 1998, March 31, 1998, April 3, 1998, and April
10, 1998, respectively, by BD Acquisition Corp. (the "Purchaser"), a Delaware
corporation and a wholly-owned subsidiary of ASK asa, a corporation organized
under the laws of the Kingdom of Norway ("Parent"), and Parent, relating to the
tender offer of the Purchaser to purchase all of the outstanding shares (the
"Shares") of common stock, par value $.001 per share (the "Common Stock"), of
Proxima Corporation, a Delaware corporation, at a purchase price of $11.00 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 March 13,
1998 (the "Offer to Purchase"), and in the related Letter of Transmittal
(which, together with any supplements or amendments, collectively constitute
the "Offer"); and (ii) Amendment No. 1 to the Statement on Schedule 13D
originally filed with the Commission on March 13, 1998 by the Purchaser and
Parent. Unless the context otherwise requires, capitalized terms used but not
defined herein have the meanings ascribed to them in the Schedule 14D-1 and the
Offer to Purchase.
The Schedule 14D-1 is hereby supplemented and/or amended as provided
below:
ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY.
(a)-(b) Pursuant to the Offer, which expired at Midnight, New York City
time, on Thursday, April 9, 1998, the Purchaser purchased a total of 6,498,173
Shares on April 14, 1998 (or approximately 90.4% of the outstanding Shares).
The Purchaser has accepted for payment, but not yet purchased, an additional
98,946 Shares subject to guarantees of delivery or additional documentation.
In accordance with the terms of the Merger Agreement, after the Purchaser
purchased the 6,498,173 Shares, the Purchaser merged with and into the Company
on April 14, 1998, pursuant to the "short-form" merger procedure permitted
under Delaware law. In connection with the Merger, each issued and outstanding
Share (other than those owned by Parent, the Purchaser or any other wholly
owned subsidiary of Parent, any Shares held in the treasury of the Company and
Shares with respect to which appraisal rights have been demanded and perfected
in accordance with applicable Delaware law) were converted into and represent
the right to receive $11.00 in cash.
Page 4 of 6
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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.
Date: April 15, 1998
BD ACQUISITION CORP.
By: /S/ OLE J. FREDRIKSEN
-------------------------------------
Name: Ole J. Fredriksen
Title: President and Chief Executive
Officer
Page 5 of 6
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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.
Date: April 15, 1998
ASK asa
By: /S/ OLE J. FREDRIKSEN
------------------------------------
Name: Ole J. Fredriksen
Title: President and Chief Executive
Officer
Page 6 of 6
