SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 14D-9
Solicitation/Recommendation Statement
Pursuant to Section 14(d)(4) of the
Securities Exchange Act of 1934
(Amendment No. 1)
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Daimler-Benz Aktiengesellschaft
(Name of Subject Company)
Daimler-Benz Aktiengesellschaft
(Name of Person(s) Filing Statement)
Ordinary Shares, No Par Value
and
American Depositary Shares
Each Representing One Ordinary Share, No Par Value
(Title of Class of Securities)
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D16668 10 1
(CINS Number of Ordinary Shares)
and
233829 30 8
(CUSIP Number of American Depositary Shares)
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Mr. Timotheus R. Pohl
Daimler-Benz North America Corporation
375 Park Avenue
New York, NY 10152
USA
(212) 909-9700
(Name, Address and Telephone Number of Person Authorized to Receive
Notice and Communications on Behalf of the Person(s) Filing Statement)
Copies to:
J. Michael Schell, Esq. Dr. Siegfried Schwung
Margaret L. Wolff, Esq. Daimler-Benz Aktiengesellschaft
Skadden, Arps, Slate, Meagher & Flom LLP Epplestrasse 225
919 Third Avenue 70567 Stuttgart, Germany
New York, New York 10022 011-49-711-17-0
USA
(212) 735-3000
This Amendment No. 1 to the Solicitation/Recommendation Statement on
Schedule 14D-9 (the "Schedule 14D-9") of Daimler-Benz Aktiengesellschaft, a
stock corporation (Aktiengesellschaft) organized under the laws of the
Federal Republic of Germany ("Daimler-Benz"), initially filed on September
24, 1998 relates to the offer (the "Daimler-Benz Exchange Offer") by
DaimlerChrysler AG, a stock corporation (Aktiengesellschaft) organized
under the laws of the Federal Republic of Germany ("DaimlerChrysler AG")
(i) to exchange one Ordinary Share, no par value (a "DaimlerChrysler
Ordinary Share"), of DaimlerChrysler AG for each outstanding Ordinary
Share, no par value (a "Daimler-Benz Ordinary Share"), of Daimler-Benz, and
(ii) to exchange one DaimlerChrysler Ordinary Share for each outstanding
American Depositary Share of Daimler-Benz, each representing one
Daimler-Benz Ordinary Share (a "Daimler-Benz ADS"); provided that, if at
least 90% of the then issued and outstanding Daimler-Benz Ordinary Shares,
including Daimler-Benz Ordinary Shares represented by Daimler-Benz ADSs,
are tendered, then each exchanging holder will receive 1.005
DaimlerChrysler Ordinary Shares, upon the terms and subject to the
conditions set forth in the Offering Circular-Prospectus, dated September
24, 1998, of DaimlerChrysler AG and in the related Letter of Transmittal.
Item 6. Recent Transactions and Intent With Respect to Securities.
Item 6(a) and (b) of the Schedule 14D-9 is hereby amended and
supplemented as follows:
Pursuant to its employee share purchase program, on October 23, 1998,
Daimler-Benz issued 999,485 Daimler-Benz Ordinary Shares previously held
as treasury shares. Of this amount, (a) 996,960 Daimler-Benz Ordinary
Shares were contributed to a trust account of Deutsche Bank AG for the
benefit of program participants and are expected to be exchanged for
DaimlerChrysler Ordinary Shares pursuant to the Daimler-Benz Exchange
Offer, and (b) 2,525 Daimler-Benz Ordinary Shares were contributed to a
trust account of Deutsche Bank AG for the benefit of program participants,
but will not be exchanged for DaimlerChrysler Ordinary Shares pursuant to
the Daimler-Benz Exchange Offer. In addition, Daimler-Benz sold 100,603 and
99,950 Daimler-Benz Ordinary Shares previously held as treasury shares in
open-market transactions in Germany on October 26, 1998 and October 27,
1998, respectively.
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
DAIMLER-BENZ AKTIENGESELLSCHAFT
By: /s/ ppa. Dr. Hans-Georg Bruns
_________________________________
Name: Dr. Hans-Georg Bruns
Title: Senior Vice President
By: /s/ i.V. Dr. Axel Krauss
_________________________________
Name: Dr. Axel Krauss
Title: Senior Manager
Dated: October 27, 1998
