QUICKTURN DESIGN SYSTEMS INC
SC 14D9/A, 1998-10-07
INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS
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                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549
 
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                                 SCHEDULE 14D-9
                               (AMENDMENT NO. 13)
 
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               Solicitation/Recommendation Statement Pursuant to
            Section 14(d)(4) of the Securities Exchange Act of 1934
 
                         QUICKTURN DESIGN SYSTEMS, INC.
                           (Name of Subject Company)
 
                         QUICKTURN DESIGN SYSTEMS, INC.
                      (Name of Person(s) Filing Statement)
 
                    COMMON STOCK, PAR VALUE $.001 PER SHARE
           (including the associated preferred stock purchase rights)
                         (Title of Class of Securities)
 
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                                   74838E102
                     (CUSIP Number of Class of Securities)
 
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                                 KEITH R. LOBO
                     PRESIDENT AND CHIEF EXECUTIVE OFFICER
                         QUICKTURN DESIGN SYSTEMS, INC.
                               55 W. TRIMBLE ROAD
                           SAN JOSE, CALIFORNIA 95131
                                 (408) 914-6000
      (Name, address and telephone number of person authorized to receive
       notice and communications on behalf of person(s) filing statement)
 
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                                    COPY TO:
 
                             LARRY W. SONSINI, ESQ.
                        WILSON SONSINI GOODRICH & ROSATI
                            PROFESSIONAL CORPORATION
                               650 PAGE MILL ROAD
                        PALO ALTO, CALIFORNIA 94304-1050
                                 (650) 493-9300
 
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                                 INTRODUCTION
 
  The Solicitation/Recommendation Statement on Schedule 14D-9 (the "Schedule
14D-9") originally filed on August 24, 1998, by Quickturn Design Systems,
Inc., a Delaware corporation (the "Company" or "Quickturn"), relates to an
offer by MGZ Corp., a Delaware corporation ("MGZ") and a wholly owned
subsidiary of Mentor Graphics Corporation, an Oregon corporation ("Mentor"),
to purchase all of the outstanding shares of the common stock, par value $.001
per share (including the associated preferred stock purchase rights), of the
Company. All capitalized terms used herein without definition have the
respective meanings set forth in the Schedule 14D-9.
 
ITEM 4. THE SOLICITATION OR RECOMMENDATION
 
  The response to Item 4 is hereby amended by adding the following after the
final paragraph of Item 4:
 
    On October 7, 1998, Mentor announced that the expiration of the Offer had
  been extended to October 30, 1998. A copy of the Company's press release
  relating to Mentor's announcement is included as Exhibit 40 hereto and is
  incorporated herein by reference.
 
ITEM 9. MATERIAL TO BE FILED AS EXHIBITS
 
  The response to Item 9 is hereby amended by the addition of the following
new exhibit:
 
  Exhibit 40  Press Release of the Company dated October 7, 1998.
 
 
 
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                                   SIGNATURE
 
  After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement is
true, complete and correct.
 
<TABLE>
 <C>                                         <S>
 Dated: October 7, 1998                      QUICKTURN DESIGN SYSTEMS, INC.
</TABLE>
 
                                          By:/s/ Keith R. Lobo
                                             ----------------------------------
                                             Keith R. Lobo
                                             President and Chief Executive
                                              Officer
 
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                                                                     EXHIBIT 40
 
CONTACTS:
 
     QUICKTURN DESIGN SYSTEMS, INC.       ABERNATHY MACGREGOR FRANK
     Joan Powell                          Pauline Yoshihashi
     Director, Marketing Communications   (213) 630-6550
     (408) 914-6701                       Matt Sherman
     [email protected]                   (212) 371-5999
 
FOR IMMEDIATE RELEASE
 
  QUICKTURN RESPONDS TO MENTOR GRAPHICS' EXTENSION OF ITS UNSOLICITED TENDER
                                     OFFER
 
 QUICKTURN'S BOARD CONTINUES TO STRONGLY RECOMMEND THAT QUICKTURN STOCKHOLDERS
                            NOT TENDER THEIR SHARES
 
  SAN JOSE, CALIF. (OCTOBER 7, 1998)--Quickturn Design Systems, Inc. (Nasdaq:
QKTN) today responded to Mentor Graphics Corporation's (Nasdaq: MENT)
extension of its tender offer, which was scheduled to expire October 6, 1998,
but was extended by Mentor without its purchasing any shares tendered. Mentor
continues to own only 591,500 shares of Quickturn stock.
 
  On August 24, 1998, the Quickturn board of directors recommended Quickturn
stockholders to reject Mentor's unsolicited tender offer. The board determined
that Mentor's offer is inadequate, does not reflect the inherent value of the
Company, and is not in the best interests of Quickturn or its stockholders.
Quickturn's board continues to strongly recommend that Quickturn stockholders
not tender their shares to Mentor and urges Quickturn stockholders who may
have tendered to withdraw their shares.
 
  Quickturn Design Systems, Inc. is the leading provider of verification
products and time-to-market engineering (TtME(TM)) services for the design of
complex ICs and electronic systems. The company's products are used worldwide
by developers of high-performance computing, multimedia, graphics and
communications systems. Quickturn is headquartered at 55 W. Trimble Road, San
Jose, CA 95131-1013; Telephone: 408/914-6000. For more information, visit the
Quickturn Web site at www.quickturn.com or send e-mail to [email protected].
 
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