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Paris Corp – ‘SC TO-I/A’ on 3/20/02 re: Paris Corp

On:  Wednesday, 3/20/02   ·   Accession #:  1137403-2-42   ·   File #:  5-38252

Previous ‘SC TO-I’:  ‘SC TO-I/A’ on 3/6/02   ·   Latest ‘SC TO-I’:  This Filing

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 3/20/02  Paris Corp                        SC TO-I/A              1:12K  Paris Corp                        Salvo Rogers… Elinski/FA

Amendment to Tender-Offer Statement — Issuer Tender Offer   —   Schedule TO
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC TO-I/A   Amendment to Tender-Offer Statement -- Issuer          4     25K 
                          Tender Offer                                           


Document Table of Contents

Page (sequential) | (alphabetic) Top
 
11st Page   -   Filing Submission
3Item 8. Interest in the Securities of the Subject Company
"Item 10. Financial Information
"Item 11. Additional Information
"Item 12. Exhibits
SC TO-I/A1st Page of 4TOCTopPreviousNextBottomJust 1st
 

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE TO-I/A (RULE 14D-100) TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 AMENDMENT NO. 4 TENDER OFFER STATEMENT UNDER SECTION 14(d) (1) OR 13(e) (1) OF THE SECURITIES EXCHANGE ACT OF 1934 PARIS CORPORATION (Name of Subject Company (Issuer)) DOMINIC P. TOSCANI GERARD M. TOSCANI PARIS CORPORATION (Name of Filing Persons (Offeror)) COMMON STOCK, PAR VALUE $0.004 PER SHARE (Title of Class of Securities) 699556106 --------- (CUSIP Number of Class of Securities) DOMINIC P. TOSCANI, SR. PRESIDENT AND CHIEF EXECUTIVE OFFICER 122 KISSEL ROAD, BURLINGTON, NEW JERSEY 08016 (609) 387-7300 (Name, Address and Telephone Number of Person Authorized to Receive Notice and Communications on Behalf of Filing Persons) COPY TO: STEPHEN A. SALVO SALVO, RUSSELL, FICHTER & LANDAU 510 TOWNSHIP LINE ROAD SUITE 150 BLUE BELL, PENNSYLVANIA 19422 TELEPHONE: (215) 653-0110 MARCH 20, 2002
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CALCULATION OF FILING FEE TRANSACTION VALUATION* AMOUNT OF FILING FEE $15,313,536 $3,063 ----------- ------ * For purposes of calculating the amount of filing fee only. The amount assumes the purchase of 3,403,008 shares of common stock, par value $0.004 per share (the "Shares"), of Paris Corporation (the "Company"), at a price per share of $4.50. Such number of shares represents all the Shares outstanding as of December 31, 2001 (other than 150,527 shares beneficially held by Gerard M. Toscani), plus 162,300 shares issuable upon exercise of outstanding options to purchase Shares. [X] Check the box if any part of the fee is offset as provided by Rule 0-11(a) (2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. Amount Previously Paid: $3,063 Form or Registration No.: SC Filing Party: Paris Corporation Date Filed: January 31, 2002 [ ] Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. Check the appropriate boxes below to designate any transactions to which the statement relates: [X] third-party tender offer subject to Rule 14d-1. [X] issuer tender-offer subject to Rule 13e-4. [X] going private transaction subject to Rule 13e-3. [ ] amendment to Schedule 13D under Rule 13d-2. Check the following box if the filing is a final amendment reporting the results of the tender offer: [X]
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This Amendment No. 4 amends and supplements the Tender Offer Statement on Schedule TO filed January 31, 2002 (the "Schedule TO") relating to the offer by Paris Corporation, a Pennsylvania corporation, (the "Company") to purchase any and all outstanding shares of common stock, par value $0.004 per share (the "Shares"), of the Company at a purchase price of $4.50 per Share, net to the seller in cash, upon the terms and subject to the conditions set forth in the Offer to Purchase dated January 31, 2002 (the "Offer to Purchase") and in the related Letter of Transmittal, copies of which are attached hereto as Exhibits (a)(1) and (a)(2) (which, together with any amendments or supplements thereto, collectively constitute the "Offer"). The information set forth in the Offer to Purchase and the related Letter of Transmittal is incorporated herein by reference with respect to Items 1-9 and 13 of this Schedule TO, except as noted below. ITEM 8. INTEREST IN THE SECURITIES OF THE SUBJECT COMPANY. On March 20, 2002, the Company issued the press release, a copy of which is attached hereto as Exhibit (a)(10) and incorporated herein by reference. ITEM 10. FINANCIAL INFORMATION. The information set forth under "The Tender Offer -- Certain Information Concerning the Company" of the Offer to Purchase is incorporated herein by reference. In addition, the Company's audited financial statements as of September 30, 2001 and September 30, 2000, are included in the Company's Annual Report on Form 10-K for the year ended September 30, 2001, which is incorporated herein by reference. Also, the Company's unaudited financial statements for the three month period ended December 31, 2000 and December 31, 2001, are included in the Company's Quarterly Report on Form 10-Q for the period ended December 31, 2001, which is incorporated herein by reference. ITEM 11. ADDITIONAL INFORMATION. On March 20, 2002, the Company issued a press release, a copy of which is attached hereto as Exhibit (a)(10) and incorporated herein by reference. ITEM 12. EXHIBITS. (a)(1) Offer to Purchase*. (a)(2) Letter of Transmittal.* (a)(3) Notice of Guaranteed Delivery.* (a)(4) Letter to Brokers, Dealers, Banks, Trust Companies and Other Nominees. * (a)(5) Letter to Clients for Use by Brokers, Dealers, Banks, Trust Companies and Other Nominees.* (a)(6) Letter to Shareholders from the Company.* (a)(7) Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9.* (a)(8) Text of Press Release dated January 10, 2002 issued by the Company (incorporated by reference to the Company's Tender Offer Statement on Schedule TO filed on January 10, 2002). (a)(9) Text of Press Release dated March 5, 2002 issued by the Company (incorporated by reference to Amendment No. 1 to the Company's Tender Offer Statement on Schedule TO-I/A filed on March 4, 2002). (a)(10) Text of Press Release dated March 20, 2002 issued by the Company. (c) Opinion of Wharton Valuation Associates, Inc., dated November 27, 2001 (Included as Schedule III to the Offer to Purchase filed herewith as Exhibit (a) (1)).* (d) Employment Agreement dated November 8, 2001 between Dominic P. Toscani and Paris Corporation.* (f) Section 1930 and Subchapter D of the Pennsylvania Business Corporation Law (Included as Schedule II to the Offer to Purchase filed herewith as Exhibit (a)(1)).* (g) None. (h) None. * Previously filed by the Company on Schedule TO-I, dated January 31, 2002. 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: March 20, 2002 PARIS CORPORATION By /s/ Dominic P. Toscani, Sr. -- ------------------------------- Name: Dominic P. Toscani, Sr. Title: President and Chief Executive Officer By /s/ Gerard M. Toscani -- ------------------------- Name: Gerard M. Toscani Title: Senior Vice President
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EXHIBIT INDEX EXHIBIT NUMBER EXHIBIT NAME ------------- ITEM 12. EXHIBITS. (a)(1) Offer to Purchase*. (a)(2) Letter of Transmittal.* (a)(3) Notice of Guaranteed Delivery.* (a)(4) Letter to Brokers, Dealers, Banks, Trust Companies and Other Nominees. * (a)(5) Letter to Clients for Use by Brokers, Dealers, Banks, Trust Companies and Other Nominees.* (a)(6) Letter to Shareholders from the Company.* (a)(7) Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9.* (a)(8) Text of Press Release dated January 10, 2002 issued by the Company (incorporated by reference to the Company's Tender Offer Statement on Schedule TO filed on January 10, 2002). (a)(9) Text of Press Release dated March 5, 2002 issued by the Company (incorporated by reference to Amendment No. 1 to the Company's Tender Offer Statement on Schedule TO-I/A filed on March 4, 2002). (a)(10) Text of Press Release dated March 20, 2002 issued by the Company. (c) Opinion of Wharton Valuation Associates, Inc., dated November 27, 2001 (Included as Schedule III to the Offer to Purchase filed herewith as Exhibit (a) (1)).* (d) Employment Agreement dated November 8, 2001 between Dominic P. Toscani and Paris Corporation.* (f) Section 1930 and Subchapter D of the Pennsylvania Business Corporation Law (Included as Schedule II to the Offer to Purchase filed herewith as Exhibit (a)(1)).* (g) None. (h) None. * Previously filed by the Company on Schedule TO-I, dated January 31, 2002. Exhibit (a)(10) PRESS RELEASE PARIS CORPORATION. COMPLETES SELF-TENDER OFFER Burlington, NJ - March 20, 2002 - Paris Corporation (Nasdaq: PBFI), announced today that it successfully completed its tender offer to purchase all outstanding shares of its common stock, except for shares held by certain insiders, at a purchase price of $4.50 per share in cash. The tender expired at midnight New York City time on March 15, 2002. Paris Corporation commenced the offer to purchase all outstanding shares of its common stock held by the public on January 31, 2002. This completes the first of a multi-step process toward Paris Corporation becoming a privately-held company. Based on preliminary information received from the depository, Mellon Investor Services, LLC, approximately 2,127,119 shares were tendered. As previously indicated, Dominic Toscani and Gerard Toscani did not tender their shares. Because the shares held by Dominic Toscani and Gerard Toscani will now represent more than 90 % of the Paris Corporation shares, Messrs. Toscani will be able to cause Paris Corporation to merge with an entity to be formed and wholly owned by them without any further action by Paris Corporation shareholders. This merger is expected to occur within the next two weeks. Paris Corporation shareholders who did not tender into the tender offer will be mailed information about the merger. As a consequence of the completion of the tender offer, the common stock of Paris Corporation will shortly cease to be traded on the NASDAQ SmallCap Market. Paris Corporation has accepted for payment all validly tendered shares. Payment for the shares tendered will be made promptly and, in the case of shares tendered by the guaranteed delivery procedures, promptly after timely delivery of shares and required documentation. Paris Corporation is primarily engaged in the manufacture and distribution of stock and custom business forms; mill cut, value added, and custom cut sheets; and paper handling products for small offices and home offices. Forward Looking Statements concerning Paris Corporation's self-tender offer and its plan to go private are subject to a variety of considerations and uncertainties. The company's corporate and financial information is detailed in the company's filings with the Securities & Exchange Commission, press releases and other communications. END OF FILING

Dates Referenced Herein   and   Documents Incorporated by Reference

Referenced-On Page
This ‘SC TO-I/A’ Filing    Date First  Last      Other Filings
Filed on:3/20/0214
3/15/024
3/5/0234SC 14D9,  SC TO-I/A
3/4/0234SC TO-I/A
1/31/0224SC TO-I,  SC TO-I/A
1/10/0234SC TO-C,  SC TO-I
12/31/012310-Q,  NT 10-K,  NT 10-Q
11/27/0134
11/8/0134
9/30/01310-K,  NT 10-K
12/31/00310-Q
9/30/00310-K
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Filing Submission 0001137403-02-000042   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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