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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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AMENDMENT NO. 3
TO SCHEDULE 14D-1
Tender Offer Statement
Pursuant to Section 14(d)(1) of the Securities Exchange Act of 1934
and
AMENDMENT NO. 4
TO STATEMENT ON
SCHEDULE 13D
Under the Securities Exchange Act of 1934
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FORE Systems, Inc.
(Name of Subject Company)
GEC Acquisition Corp.
GEC Incorporated
The General Electric Company, p.l.c.
(Not Affiliated with the U.S. Based Corporation With a Similar Name)
(Bidders)
Common Stock, Par Value $.01 Per Share
(Title of Class of Securities)
34 5449 102
(CUSIP Number of Class of Securities)
Patricia A. Hoffman
GEC Incorporated
1500 Mittel Boulevard
Wood Dale, IL 60191-1073
(c/o Videojet Systems International, Inc.)
(630) 238-3995
(Name, Address and Telephone Number of Persons Authorized
to Receive Notices and Communications on Behalf of Bidders)
Copies To:
Philip A. Gelston, Esq. Jeffrey I. Gordon, Esq.
Cravath, Swaine & Moore Mayer, Brown & Platt
Worldwide Plaza Bucklersby House
825 Eighth Avenue 3 Queen Victoria Street
New York, NY 10019 London EC4N 8EL
Telephone: (212) 474-1000 ENGLAND
Telephone: (011) 44-171-6200
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<PAGE>
CUSIP No. 34 5449 102
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1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
GEC Acquisition Corp.
- ------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) |X|
(b) |_|
- ------------------------------------------------------------------------------
3. SEC Use Only
- ------------------------------------------------------------------------------
4. Source of Funds
AF
- ------------------------------------------------------------------------------
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e) |_|
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6. Citizenship or Place of Organization
Delaware
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7. Sole Voting Power
Number of ------------------------------------------------------------
Shares 8. Shared Voting Power
Beneficially
Owned by 28,118,876
Each ------------------------------------------------------------
Reporting 9. Sole Dispositive Power
Person ------------------------------------------------------------
With 10. Shared Dispositive Power
28,118,876
- ------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
28,118,876
- ------------------------------------------------------------------------------
12. Check Box if the Aggregate Amount in Row (11) Excludes Certain
Shares [ ]
(See Instructions)
- ------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
Approximately 24.13% of the Common Stock Outstanding
- ------------------------------------------------------------------------------
14. Type of Reporting Person
CO
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<PAGE>
CUSIP No. 34 5449 102
- ------------------------------------------------------------------------------
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
GEC Incorporated
- ------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) |X|
(b) |_|
- ------------------------------------------------------------------------------
3. SEC Use Only
- ------------------------------------------------------------------------------
4. Source of Funds
BK
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5. Check Box if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e) |_|
- ------------------------------------------------------------------------------
6. Citizenship or Place of Organization
Delaware
- ------------------------------------------------------------------------------
7. Sole Voting Power
Number of ------------------------------------------------------------
Shares 8. Shared Voting Power
Beneficially
Owned by 28,118,876
Each ------------------------------------------------------------
Reporting 9. Sole Dispositive Power
Person ------------------------------------------------------------
With 10. Shared Dispositive Power
28,118,876
- ------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
28,118,876
- ------------------------------------------------------------------------------
12. Check Box if the Aggregate Amount in Row (11) Excludes Certain
Shares [ ]
(See Instructions)
- ------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
Approximately 24.13% of the Common Stock
- ------------------------------------------------------------------------------
14. Type of Reporting Person
CO
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<PAGE>
CUSIP No. 34 5449 102
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1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
The General Electric Company, p.l.c.
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2. Check the Appropriate Box if a Member of a Group
(a) |X|
(b) |_|
- ------------------------------------------------------------------------------
3. SEC Use Only
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4. Source of Funds
BK, OO
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5. Check Box if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e) o
- ------------------------------------------------------------------------------
6. Citizenship or Place of Organization
England
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7. Sole Voting Power
Number of ------------------------------------------------------------
Shares 8. Shared Voting Power
Beneficially
Owned by 28,118,876
Each ------------------------------------------------------------
Reporting 9. Sole Dispositive Power
Person ------------------------------------------------------------
With 10. Shared Dispositive Power
28,118,876
- ------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
28,118,876
- ------------------------------------------------------------------------------
12. Check Box if the Aggregate Amount in Row (11) Excludes Certain
Shares [ ]
(See Instructions)
- ------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
Approximately 24.13% of the Common Stock
- ------------------------------------------------------------------------------
14. Type of Reporting Person
CO
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<PAGE>
GEC Acquisition Corp., GEC Incorporated and The General
Electric Company, p.l.c. hereby amend and supplement their combined
Tender Offer Statement on Schedule 14D-1 and Amendment No. 1 Statement
on Schedule 13D originally filed on April 30, 1999 (as subsequently
amended, the "Statement"), with respect to an offer (the "Offer") to
purchase all outstanding shares of common stock, $0.01 par value, of
FORE Systems, Inc. a Delaware corporation (the "Company"), on the
terms described in the Offer to Purchase dated April 30, 1999, as
subsequently amended. Capitalized terms not defined herein have the
meanings assigned thereto in the Statement.
ITEM 10. ADDITIONAL INFORMATION
On June 10, 1999, GEC, p.l.c. issued a press release, a copy
of which is attached hereto as Exhibit (a)(9) and is incorporated
herein by reference.
ITEM 11. MATERIAL TO BE FILED AS EXHIBITS
Item 11 is hereby amended and supplemented to add a new
Exhibit as follows:
(a)(9) Text of Press Release dated June 10, 1999, issued by
GEC, p.l.c.
<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.
Dated: June 10, 1999
GEC ACQUISITION CORP.,
By /s/ JOHN C. MAYO
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Name: John C. Mayo
Title: President
GEC INCORPORATED,
By /s/ MICHAEL LESTER
---------------------
Name: Michael Lester
Title: Director
THE GENERAL ELECTRIC COMPANY, P.L.C.,
By /s/ JOHN C. MAYO
-------------------
Name: John C. Mayo
Title: Director
<PAGE>
EXHIBIT INDEX
EXHIBIT PAGE
NUMBER EXHIBIT NAME NUMBER
(a)(9) Text of Press Release dated June 10, 1999
<PAGE>
EXHIBIT (a)(9)
GEC ANNOUNCES COMPLETION OF EXON-FLORIO REVIEW
FOR FORE SYSTEMS ACQUISITION
The General Electric Company, p.l.c. announced today that the
Committee on Foreign Investment in the United States (CFIUS) has
completed its review process, pursuant to the Exon-Florio Act, with
regard to its acquisition of FORE Systems, Inc. (Nasdaq - FORE).
Accordingly, the condition to the acquisition relating to Exon-Florio
has been satisfied.
No other governmental or regulatory clearances remain as a condition
to the completion of the tender offer by GEC's wholly subsidiary, GEC
Acquisition Corp., for the purchase of all the outstanding shares of
common stock of FORE Systems at $35 per share.
The offer and withdrawal rights are scheduled to expire at 12:00
midnight, New York City time, on Monday, 14th June, 1999, unless
further extended.
The General Electric Company, p.l.c. is not affiliated with the
similarly named company which is based in the United States.
