-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WonRalBnUxLc7fF04OKB5z/awgadtF+CDlS2s6CpI3VGPMVvojSmKw2UkJ2aKj9M iazAjy3rdauJLogaOWgyZA== /in/edgar/work/20000602/0000950172-00-001059/0000950172-00-001059.txt : 20000919 0000950172-00-001059.hdr.sgml : 20000919 ACCESSION NUMBER: 0000950172-00-001059 CONFORMED SUBMISSION TYPE: SC 14D9/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20000602 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHAMPION INTERNATIONAL CORP CENTRAL INDEX KEY: 0000019150 STANDARD INDUSTRIAL CLASSIFICATION: [2621 ] IRS NUMBER: 131427390 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D9/A SEC ACT: SEC FILE NUMBER: 005-06641 FILM NUMBER: 648583 BUSINESS ADDRESS: STREET 1: ONE CHAMPION PLAZA CITY: STAMFORD STATE: CT ZIP: 06921 BUSINESS PHONE: 2033587000 FORMER COMPANY: FORMER CONFORMED NAME: UNITED STATES PLYWOOD CHAMPION PAPERS IN DATE OF NAME CHANGE: 19720821 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CHAMPION INTERNATIONAL CORP CENTRAL INDEX KEY: 0000019150 STANDARD INDUSTRIAL CLASSIFICATION: [2621 ] IRS NUMBER: 131427390 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D9/A BUSINESS ADDRESS: STREET 1: ONE CHAMPION PLAZA CITY: STAMFORD STATE: CT ZIP: 06921 BUSINESS PHONE: 2033587000 FORMER COMPANY: FORMER CONFORMED NAME: UNITED STATES PLYWOOD CHAMPION PAPERS IN DATE OF NAME CHANGE: 19720821 SC 14D9/A 1 0001.txt SC 14D9 - AMENDMENT NO. 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------ SCHEDULE 14D-9 (RULE 14D-101) SOLICITATION/RECOMMENDATION STATEMENT UNDER SECTION 14(D)(4) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1) ------------------ CHAMPION INTERNATIONAL CORPORATION (Name of Subject Company) CHAMPION INTERNATIONAL CORPORATION (Name of Person(s) Filing Statement) COMMON STOCK, PAR VALUE $.50 PER SHARE (Title of Class of Securities) 158525105 (CUSIP Number of Class of Securities) ------------------ STEPHEN B. BROWN, ESQ. SENIOR VICE PRESIDENT AND GENERAL COUNSEL CHAMPION INTERNATIONAL CORPORATION ONE CHAMPION PLAZA STAMFORD, CONNECTICUT 06921 (203) 358-7000 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of the Person(s) Filing Statement) WITH A COPY TO: BLAINE V. FOGG, ESQ. JOSEPH A. COCO, ESQ. SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP FOUR TIMES SQUARE NEW YORK, NEW YORK 10036 (212) 735-3000 [ ] CHECK THE BOX IF THE FILING RELATES SOLELY TO PRELIMINARY COMMUNICATIONS MADE BEFORE THE COMMENCEMENT OF A TENDER OFFER. This Amendment No. 1 ("Amendment") amends and supplements the Solicitation/Recommendation Statement on Schedule 14D-9 (the "Schedule 14D-9"), initially filed with the Securities and Exchange Commission on May 19, 2000, by Champion International Corporation, a New York corporation ("Champion"), relating to the offer by International Paper Company, a New York corporation ("International Paper"), through its wholly owned subsidiary, Condor Acquisition Corporation, a New York corporation (the "Purchaser"), to exchange each outstanding share of common stock, par value $.50 per share (the "Common Stock") of Champion, including the associated preferred stock purchase rights (the "Rights" and, together with the Common Stock, the "Shares"), for (i) $50 net to the seller in cash and (ii) $25 of International Paper common stock (subject to adjustment). Unless otherwise defined herein, all capitalized terms used herein shall have the respective meanings given such terms in the Schedule 14D-9. ITEM 8. ADDITIONAL INFORMATION. (e) All of the information in the Prospectus included in Amendment No. 1 to the Registration Statement on Form S-4 of International Paper relating to shares of its common stock to be issued in the Offer and the Merger is hereby incorporated by reference. ITEM 9. EXHIBITS. Item 9 of the Schedule 14D-9 is hereby amended by addition of the following exhibits: Exhibit No. Description - ----------- ----------- (a)(5) Exchange Offer Prospectus relating to International Paper's shares of common stock to be issued in the Offer and the Merger (incorporated by reference to Amendment No. 1 to the Registration Statement on Form S-4 of International Paper, filed on June 2, 2000). (a)(6) Form of Letter to Participants in the Savings Plans of Champion International Corporation and its Affiliates. (a)(7) Form of Participant's Instruction Form to Exchange Shares of Common Stock of Champion International Corporation Held in Participants' Savings Plan Account. SIGNATURE After reasonable 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. CHAMPION INTERNATIONAL CORPORATION By: /s/ Stephen B. Brown ---------------------- Name: Stephen B. Brown Title: Senior Vice President and General Counsel EXHIBIT INDEX Exhibit No. Description - ----------- ----------- (a)(5) Exchange Offer Prospectus relating to International Paper's shares of common stock to be issued in the Offer and the Merger (incorporated by reference to Amendment No. 1 to the Registration Statement on Form S-4 of International Paper, filed on June 2, 2000). (a)(6) Form of Letter to Participants in the Savings Plans of Champion International Corporation and its Affiliates. (a)(7) Form of Participant's Instruction Form to Exchange Shares of Common Stock of Champion International Corporation Held in Participants' Savings Plan Account. EX-99 2 0002.txt EXHIBIT (A)(6) Exhibit (a)(6) JP MORGAN Morgan Guaranty Trust Company of New York May 23, 2000 TO: Participants in the Savings Plans of Champion International Corporation and its Affiliates RE: Exchange Offer by International Paper Company for Champion International Corporation Common Stock In accordance with the terms of the Merger Agreement that Champion International Corporation has entered into with International Paper Company, a wholly owned subsidiary of International Paper has commenced an offer to exchange each outstanding share of Champion common stock (the "Shares") for a combination of (i) $50 in cash and (ii) shares of International Paper common stock with a value of $25 (based on the average trading price of International Paper common stock prior to the closing of the exchange offer, except that if the average trading price is less than $34 per share, the number of shares of International Paper common stock will be fixed at .7353). The terms and conditions of the exchange offer are more completely described in the Offer to Exchange and related Letter of Transmittal, copies of which are enclosed. Your Savings Plan gives you the power to direct the Savings Plan trustee confidentially whether or not to exchange Shares which you beneficially own in your Savings Plan. A yellow Participant's Instruction Form is enclosed for your purpose. PLEASE USE THE YELLOW PARTICIPANT'S INSTRUCTION FORM TO DIRECT THE TRUSTEE WHETHER OR NOT TO EXCHANGE YOUR SHARES. PLEASE FILL OUT AND RETURN THE YELLOW FORM TO MORGAN GUARANTY TRUST COMPANY OF NEW YORK, THE PLAN TRUSTEE, IN THE ENCLOSED POSTAGE PREPAID ENVELOPE. Do NOT return the yellow Participant's Instruction Form to Champion or to ChaseMellon Shareholder Services, L.L.C., the exchange agent. Do NOT complete or return the enclosed blue Letter of Transmittal , which is being furnished to you only for your information. If you wish to direct the trustee to exchange all or some or none of your Shares in the Savings Plan, you must fill out and sign the enclosed yellow Participant's Instruction Form and return it so that it is received by the trustee before 5:00 P.M. New York City time, Thursday, June 15, 2000 (unless the exchange offer is extended). If you do not complete and return the yellow Participant's Instruction Form in a timely fashion, your Savings Plan provides that the trustee cannot exchange your Shares. Cash received upon completion of the exchange offer for any Shares in the Savings Plan which you exchange will be initially invested in the Savings Plan in the Stable Value Fund, and thereafter will be subject to your direction as to reinvestment in accordance with the usual procedures. If you do not exchange your Shares, and the exchange offer is completed without them, then, when the subsequent merger of the International Paper subsidiary with Champion occurs, each Share will be converted into the same consideration which you would have received if you had exchanged your Shares. However, if you do not, in a timely fashion, send a properly executed yellow Participant's Instruction Form directing the trustee to exchange your Shares in the Savings Plan, you will have delayed your ability to reinvest the cash portion of the consideration. If you have questions or need additional information, please call Morgan Guaranty Trust Company of New York at 1-800-323-6334. IF THE SAVINGS PLAN TRUSTEE DOES NOT RECEIVE A PROPERLY COMPLETED AND SIGNED YELLOW PARTICIPANT'S INSTRUCTION FORM FROM YOU BY 5:00 P.M. NEW YORK CITY TIME, THURSDAY, JUNE 15, 2000 (UNLESS THE EXCHANGE OFFER IS EXTENDED), YOUR SHARES IN THE SAVINGS PLAN WILL NOT BE EXCHANGED IN THE EXCHANGE OFFER. Very truly yours, Morgan Guaranty Trust Company of New York A subsidiary of J.P. Morgan & Co. Incorporated EX-99 3 0003.txt EXHIBIT (A)(7) Exhibit (a)(7) CHAMPION INTERNATIONAL CORPORATION SAVINGS PLAN PARTICIPANT'S INSTRUCTION FORM PLEASE COMPLETE, SIGN AND DATE THIS INSTRUCTION FORM AND MAIL IT PROMPTLY IN THE POSTAGE-PAID ENVELOPE PROVIDED. IT MUST BE RECEIVED BY THE TRUSTEE NO LATER THAN 5:00 P.M. NEW YORK CITY TIME ON THURSDAY, JUNE 15, 2000. RE: EXCHANGE OF SHARES OF COMMON STOCK OF CHAMPION INTERNATIONAL CORPORATION HELD IN MY SAVINGS PLAN ACCOUNT To: Morgan Guaranty Trust Company of New York, as Trustee As a participant in a Champion International Corporation Savings Plan of which you serve as trustee, I received copies of the Offer to Exchange and the related Letter of Transmittal relating to the offer by a wholly owned subsidiary of International Paper Company to exchange each outstanding share of common stock of Champion (the "Shares") for a combination of (i) $50 in cash and (ii) shares of International Paper common stock with a value of $25 (based on the average trading price of International Paper common stock prior to the closing of the exchange offer, except that if the average trading price is less than $34 per share, the number of shares of International Paper common stock will be fixed at .7353), as more fully described in the Offer to Exchange. I hereby direct you to: [ ] Exchange all Shares held in my account. [ ] Exchange only ___% (insert a whole number percentage) of such shares. [ ] Do not exchange any such Shares. Dated: _______________________, 2000 __________________________________ Signature of Participant If you wish to know the number of Shares in your Savings Plan account, please call 1-800-323-6334. If you have elected to exchange Shares held in your account, then your instructions to the Savings Plan trustee will also apply to any Shares which are added to your Account on or before 5:00 P.M. New York City time, Thursday, June 15, 2000, when all Participants' instructions must be received by the trustee. -----END PRIVACY-ENHANCED MESSAGE-----