-----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, FMKVu2kZDcpJ12fnf0JeWVQZq5u+pGJL89Gwaj+9couHcoEPC/U+OphRi0mmAsBQ eoUzMzBJL17I15w1C9Bmkg== 0000950172-98-000239.txt : 19980311 0000950172-98-000239.hdr.sgml : 19980311 ACCESSION NUMBER: 0000950172-98-000239 CONFORMED SUBMISSION TYPE: SC 14D1/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19980310 SROS: NYSE GROUP MEMBERS: ACC ACQUISITION CORPORATION GROUP MEMBERS: DANAHER CORP /DE/ SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PACIFIC SCIENTIFIC CO CENTRAL INDEX KEY: 0000075608 STANDARD INDUSTRIAL CLASSIFICATION: MOTORS & GENERATORS [3621] IRS NUMBER: 940744970 STATE OF INCORPORATION: CA FISCAL YEAR END: 1226 FILING VALUES: FORM TYPE: SC 14D1/A SEC ACT: SEC FILE NUMBER: 005-10529 FILM NUMBER: 98561476 BUSINESS ADDRESS: STREET 1: 620 NEWPORT CENTER DR STE 700 CITY: NEWPORT BEACH STATE: CA ZIP: 92658 BUSINESS PHONE: 7147201714 MAIL ADDRESS: STREET 1: 620 NEWPORT CENTER DRIVE STE 700 CITY: NEWPORT BEACH STATE: CA ZIP: 92658 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DANAHER CORP /DE/ CENTRAL INDEX KEY: 0000313616 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] IRS NUMBER: 591995548 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: 1250 24TH ST NW STREET 2: SUITE 800 CITY: WASHINGTON STATE: DC ZIP: 20037 BUSINESS PHONE: 2028280850 MAIL ADDRESS: STREET 1: 1250 24TH STREET NW STREET 2: SUITE 800 CITY: WASHINGTON STATE: DC ZIP: 20037 FORMER COMPANY: FORMER CONFORMED NAME: DMG INC DATE OF NAME CHANGE: 19850221 SC 14D1/A 1 SCHEDULE 14D1 AMENDMENT NO. 3 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------------------- AMENDMENT NO. 3 TO SCHEDULE 14D-1 TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 AND SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 ----------------------- PACIFIC SCIENTIFIC COMPANY (Name of Subject Company) ACC ACQUISITION CORP. DANAHER CORPORATION (BIDDERS) Common Stock, $1.00 par value (including the Associated Preferred Share Purchase Rights) (Title of Class of Securities) 694806 ----------------------- (CUSIP Number of Class of Securities) PATRICK W. ALLENDER DANAHER CORPORATION 1250 24TH ST., N.W. WASHINGTON, D.C. 20037 (202) 828-0850 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on behalf of Bidders) Copy to: ERIC J. FRIEDMAN, ESQ. SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP 919 THIRD AVENUE NEW YORK, NEW YORK 10022 (212) 735-3000 CUSIP NO. 694806 14D-1 - ---------------------------------------------------------------------------- 1. Names of Reporting Persons S.S. or I.R.S. Identification Nos. of the Above Persons ACC Acquisition Corp. - ---------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a)|_| (b)|_| - ---------------------------------------------------------------------------- 3. SEC Use only - ---------------------------------------------------------------------------- 4. Source of Funds AF - ---------------------------------------------------------------------------- 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(e) or 2(f) |_| - ---------------------------------------------------------------------------- 6. Citizenship or Place of Organization California - ---------------------------------------------------------------------------- 7. Aggregate Amount Beneficially Owned by Each Reporting Person 11,400,816 (or 11,739,256, if all shares tendered pursuant to guaranteed delivery procedures are delivered) - ---------------------------------------------------------------------------- 8. Check Box if the Aggregate Amount in Row (7) Excludes Certain Shares |_| - ---------------------------------------------------------------------------- 9. Percent of Class Represented by Amount in Row (7) 91.1% (or 93.8%, if all shares tendered pursuant to guaranteed delivery procedures are delivered) - ---------------------------------------------------------------------------- 10. Type of Reporting Person CO - ---------------------------------------------------------------------------- CUSIP NO. 694806 14D-1 - ---------------------------------------------------------------------------- 1. Names of Reporting Persons S.S. or I.R.S. Identification Nos. of the Above Person Danaher Corporation - ---------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a)|_| (b)|_| - ---------------------------------------------------------------------------- 3. SEC Use only - ---------------------------------------------------------------------------- 4. Source of Funds WC or BK - ---------------------------------------------------------------------------- 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(e) or 2(f) |_| - ---------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - ---------------------------------------------------------------------------- 7. Aggregate Amount Beneficially Owned by Each Reporting Person 11,400,816 (or 11,739,256, if all shares tendered pursuant to guaranteed delivery procedures are delivered) - ---------------------------------------------------------------------------- 8. Check Box if the Aggregate Amount in Row (7) Excludes Certain Shares |_| - ---------------------------------------------------------------------------- 9. Percent of Class Represented by Amount in Row (7) 91.1% (or 93.8%, if all shares tendered pursuant to guaranteed delivery procedures are delivered) - ---------------------------------------------------------------------------- 10. Type of Reporting Person CO - ---------------------------------------------------------------------------- This Amendment No. 3 amends the Tender Offer Statement on Schedule 14D-1 initially filed on February 6, 1998 (as amended, the "Tender Offer Statement") by Danaher Corporation, a Delaware corporation ("Parent"), and its wholly owned subsidiary ACC Acquisition Corp., a California corporation (the "Purchaser"), relating to the Purchaser's offer to purchase all of the outstanding shares of common stock, par value $1.00 per share, of Pacific Scientific Company, a California corporation, including the associated Preferred Share Purchase Rights, on the terms and subject to the conditions set forth in the Offer to Purchase dated February 6, 1998. Unless otherwise defined herein, all capitalized terms used herein shall have the respective meanings given such terms in the Tender Offer Statement. The Tender Offer Statement also constitutes the Statement on Schedule 13D of the Purchaser and Parent. The item numbers and responses thereto below are in accordance with the requirements of Schedule 14D-1. ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY. Item 6 is hereby amended to add the following: Following expiration of the Offer at 5:00 p.m., New York City time, on March 9, 1998, the Purchaser accepted for payment all Shares validly tendered and not withdrawn pursuant to the Offer. The Purchaser has been advised by the Depositary for the Offer that as of the expiration of the Offer 11,739,256 Shares, representing approximately 94% of the outstanding Shares, had been validly tendered and not withdrawn pursuant to the Offer (including 338,400 Shares tendered pursuant to the procedures for guaranteed delivery). ITEM 11. MATERIAL TO BE FILED AS EXHIBITS. Item 11 is hereby amended to add the following: (a)(12) Text of press release, dated March 10, 1998. SIGNATURES After due inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: March 10, 1998 ACC ACQUISITION CORP. BY: /s/ Patrick W. Allender --------------------------------- Name: Patrick W. Allender Title: Vice President, Treasurer and Director DANAHER CORPORATION BY: /s/ Patrick W. Allender ---------------------------------- Name: Patrick W. Allender Title: Senior Vice President, Chief Financial Officer and Secretary EXHIBIT INDEX Exhibit No. Description - ----------- ----------- (a)(12) Text of press release, dated March 10, 1998. EX-99 2 EXHIBIT (A)(12) - PRESS RELEASE [LETTERHEAD OF DANAHER CORPORATION] FOR IMMEDIATE RELEASE CONTACT: Patrick W. Allender Chief Financial Officer (202) 828-0850 DANAHER CORPORATION COMPLETES TENDER OFFER FOR PACIFIC SCIENTIFIC COMPANY Washington, D.C., March 10, 1998 -- Danaher Corporation (NYSE:DHR) announced today that it has completed its tender offer for all outstanding shares of Pacific Scientific Company (NYSE:PSX) common stock, together with the associated preferred share purchase rights, at a price of $30.25 per share. The tender offer expired at 5:00 p.m., New York City time, on March 9, 1998. Danaher Corporation has been advised by the depositary for the tender offer that as of the expiration of the tender offer 11,739,256 Pacific Scientific shares, representing approximately 94% of the outstanding shares, had been validly tendered and not withdrawn pursuant to the offer (including 338,440 shares tendered pursuant to the procedures for guaranteed delivery). As previously announced, Danaher Corporation plans to acquire the remaining Pacific Scientific shares at $30.25 per share through a cash merger, expected to be completed shortly. George M. Sherman, Danaher's president and Chief Executive Officer, stated, "We are excited about the addition of Pacific Scientific to Danaher. Their operations complement and leverage our process/environmental control businesses, and enhance our prospects for accelerated growth." Pacific Scientific Company is an international business that designs, manufactures and markets motion control, process control and safety equipment. Danaher is a leading manufacturer of Process/Environmental Controls and Tools and Components. (http://www.danaher.com) -----END PRIVACY-ENHANCED MESSAGE-----