DAIMLER BENZ AKTIENGESELLSCHAFT
SC 14D1/A, 1998-11-12
MOTOR VEHICLES & PASSENGER CAR BODIES
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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
  
                               (FINAL AMENDMENT) 
  
  
                               -----------------
                        DAIMLER-BENZ AKTIENGESELLSCHAFT
                           (Name of Subject Company) 
  
                               DAIMLERCHRYSLER AG
                                   (Bidder) 
                               -----------------
  
                          ORDINARY SHARES, NO PAR VALUE
                                       and
                           AMERICAN DEPOSITARY SHARES
               EACH REPRESENTING ONE ORDINARY SHARE, NO PAR VALUE
                        (Title of Class of Securities) 
                              ------------------
    
                                   D16668 10 1
                      (CINS Number of Ordinary Shares) 
                                       and
                                   233829 30 8
               (CUSIP Number of American Depositary Shares) 
  
                             --------------------
  
                              MR. TIMOTHEUS R. POHL
                     DAIMLER-BENZ NORTH AMERICA CORPORATION
                                 375 PARK AVENUE
                            NEW YORK, NEW YORK 10152
                                       USA
                                 (212) 909-9700 
  
       (Name, Address and Telephone Number of Person Authorized to Receive 
                 Notices and Communications on Behalf of Bidder)
  
  
                           ----------------------
  
  
                                 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 
       New York, New York 10022                                Germany 
                  USA                                     011-49-711-17-0 
            (212) 735-3000 

                                NOVEMBER 12, 1998
  
===============================================================================
 
 CINS NO.    D16668 10 1           14D-1
 CUSIP NO.   233829 30 8 
- -------------------------------------------------------------------------------
  
 1.     NAMES OF REPORTING PERSONS 
        I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) 
        DAIMLERCHRYSLER AG          98-0190736 

- -------------------------------------------------------------------------------
 2.     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP            (a) ( ) 
                                                                    (b) ( ) 

- -------------------------------------------------------------------------------
 3.     SEC USE ONLY 
  

- -------------------------------------------------------------------------------
 4.     SOURCE OF FUNDS 
        OO 

- -------------------------------------------------------------------------------
 5.     CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT 
        TO ITEM 2(e) or 2(f) 
                                                                         ( )
- -------------------------------------------------------------------------------
 6.     CITIZENSHIP OR PLACE OF ORGANIZATION 
        STUTTGART, FEDERAL REPUBLIC OF GERMANY 

- -------------------------------------------------------------------------------
 7.     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 
        563,783,263 

- -------------------------------------------------------------------------------
 8.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES 
        CERTAIN SHARES 
                                                                         ( )
- -------------------------------------------------------------------------------
 9.     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7) 
        98.2% 
- -------------------------------------------------------------------------------

 10.    TYPE OF REPORTING PERSON 
        CO 
- -------------------------------------------------------------------------------



      This Final Amendment to the Tender Offer Statement on Schedule 14D-1,
 initially filed on September  24, 1998, relates to the offer by
 DaimlerChrysler AG, a stock corporation (Aktiengesellschaft) organized
 under the laws of the Federal Republic of Germany ("DaimlerChrysler AG"),
 (i) to exchange 1.005 Ordinary Shares, no par value (each a
 "DaimlerChrysler Ordinary Share"), of DaimlerChrysler AG for each
 outstanding Ordinary Share, no par value (a "Daimler-Benz Ordinary Share"),
 of Daimler-Benz Aktiengesellschaft, a stock corporation
 (Aktiengesellschaft) organized under the laws of the Federal Republic of
 Germany ("Daimler-Benz"), and (ii) to exchange 1.005 DaimlerChrysler
 Ordinary Shares for each outstanding American Depositary Share of Daimler-
 Benz, each representing one Daimler-Benz Ordinary Share (a "Daimler-Benz
 ADS"), upon the terms and subject to the conditions set forth in the
 Offering Circular-Prospectus, dated September 24, 1998 (the "Offering
 Circular-Prospectus"), of DaimlerChrysler AG and in the related Letter of
 Transmittal (which, together with any amendments or supplements thereto,
 collectively constitute the "Daimler-Benz Exchange Offer"). 
  
  
  
 ITEM 6.  INTEREST IN SECURITIES OF THE SUBJECT COMPANY  
  
      Item 6 of the Schedule 14D-1 is hereby amended and supplemented by
 adding to the end thereof the following: 
  
          "The Daimler-Benz Exchange Offer expired at 12:00 Noon, New York 
          City time, on Friday, November 6, 1998.  DaimlerChrysler AG accepted
          for exchange 563,783,263, or approximately 98.2% of, Daimler-Benz 
          Ordinary Shares (including Daimler-Benz Ordinary Shares represented 
          by Daimler-Benz ADSs) pursuant to the Daimler-Benz Exchange Offer.  
          Accordingly, 1.005 DaimlerChrysler Ordinary Shares will be exchanged
          for each validly tendered Daimler-Benz Ordinary Share or Daimler-Benz
          ADS.  A copy of the press release issued by Daimler-Benz with respect
          to the foregoing is attached hereto as Exhibit (a)(10)(ii) and 
          incorporated herein by reference." 
  
  
 ITEM 10.  ADDITIONAL INFORMATION. 
  
      Item 10(e) of the Schedule 14D-1 is hereby amended and supplemented by
 adding to the end thereof the following:  
  
           "On October 19, 1998, an action was filed with the regional court
           in Stuttgart, Germany, by a purported stockholder of Daimler-
           Benz, Karsten Trippel, naming Daimler-Benz as defendant. 
           Plaintiff is seeking the following relief: (1) that the
           resolution adopted at the meeting of Daimler-Benz stockholders on
           September 18, 1998 which approved the business combination of
           Daimler-Benz and Chrysler be declared null and void and (2) that
           the resolution adopted at the meeting of Daimler-Benz
           stockholders on September 18, 1998 which approved the merger of
           Daimler-Benz and DaimlerChrysler AG be declared null and void. 
           Daimler-Benz believes that the allegations set forth in this
           action are without merit and intends to defend against such
           allegations vigorously. 
  
           Daimler-Benz does not believe that this litigation should affect
           either the Daimler-Benz Exchange Offer or the Chrysler Merger or 
           the timing and completion of either of them." 
  
  
 ITEM 11.  MATERIAL TO BE FILED AS EXHIBITS. 
  
      Item 11 is hereby amended and supplemented by adding the following
 Exhibit: 
  

           (a)(10)(ii)    Press Release issued by Daimler-Benz on
                          November 9, 1998. 
  

  

                                 SIGNATURE 
  
      After due inquiry and to the best of its knowledge and belief, I
 certify that the information set forth in this Statement is true, complete
 and correct. 
  




                                 DaimlerChrysler AG 
  
  
  
                                 By: /s/ Johannes Josef Maret  
                                    --------------------------------------
                                    Johannes Josef Maret 
                                    Member of the Management Board 
  
  
  
 Dated: November 12 , 1998


                               EXHIBIT INDEX 
 EXHIBIT 
    NO.   
  
 (a)(10)(ii)         Press Release issued by Daimler-Benz on November 9,
                     1998 
  




                                   DAIMLERBENZ
                               AKTIENGESELLSCHAFT
  
  
  
 ...........................................................................
  
                                    PRESS FAX
  
  
                                                            November 9, 1998 
  
 DAIMLERCHRYSLER EXCHANGE OFFER COMPLETED 
  
 o     APPROXIMATELY 98% OF DAIMLER-BENZ SHARES TENDERED  
 o     BONUS SHARES NOW CERTAIN  
 o     "DAY ONE" ON NOVEMBER 17, 1998 
  
 Stuttgart - The exchange offer to Daimler-Benz shareholders to tender their
 shares for DaimlerChrysler shares has been closed.  Approximately 98% of
 the Daimler-Benz shares have been tendered and accepted for exchange by
 DaimlerChrysler. 
  
 The DaimlerChrysler "Day One", the day of first trading of the merged
 company's shares under the symbol "DCX" on the stock exchanges worldwide,
 is expected for Tuesday, November 17, 1998.  As of that day, the operative
 activities of Daimler-Benz and Chrysler will be run by the new company
 DaimlerChrysler. 
  
 The initial exchange offer scheduled to be closed on October 23, 1998, had
 to be extended by 10 business days according to Securities and Exchange
 Commission (SEC) regulations, to November 6, 1998.  As announced, Daimler-
 Benz shareholders will receive a bonus of one share per 200 shares held. 
 Cash will be paid in lieu of fractional shares. 
  
 DaimlerChrysler is now able to present its accounts using the advantageous
 "pooling of interests" method, subject to Chrysler's reissuing approx. 24
 million "tainted" treasury shares which are expected to be contributed to
 Chrysler's pension funds. 
  
 The merger of Daimler-Benz and Chrysler will create the world's third
 largest automobile manufacturer and one of the largest companies in the
 fields of transport and services.  Daimler-Benz and Chrysler ideally
 complement each other in terms of product spectrum and regional
 concentrations. 
  
 CONTACT: 
  
 Daimler-Benz AG 
 Corporate Media Relations  
 Eckhard Zanger 
 Tel. +49 - 711 - 17 93311 
 Fax +49 - 711 - 17 94686 
  



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