-----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, OkE8APjScEpDSt6fpOcswPMUtbXsxrUdbWOKQgmVPMyfJl6xs7lJkUZFfC44Y1EP 2VXBlkj+W5HaODpy3pf/Uw== 0000912057-96-004120.txt : 19960308 0000912057-96-004120.hdr.sgml : 19960308 ACCESSION NUMBER: 0000912057-96-004120 CONFORMED SUBMISSION TYPE: SC 14D1/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960307 SROS: NONE GROUP MEMBERS: ANDROS ACQUISITION, INC. GROUP MEMBERS: ANDROS HOLDINGS INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ANDROS INC CENTRAL INDEX KEY: 0000352425 STANDARD INDUSTRIAL CLASSIFICATION: MEASURING & CONTROLLING DEVICES, NEC [3829] IRS NUMBER: 941674541 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: SC 14D1/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-39222 FILM NUMBER: 96532360 BUSINESS ADDRESS: STREET 1: 2332 FOURTH ST CITY: BERKELEY STATE: CA ZIP: 94710 BUSINESS PHONE: 5108495700 MAIL ADDRESS: STREET 1: 2332 FOURTH STREET CITY: BERKELEY STATE: CA ZIP: 94710 FORMER COMPANY: FORMER CONFORMED NAME: ANDROS ANALYZERS INC DATE OF NAME CHANGE: 19901210 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ANDROS HOLDINGS INC CENTRAL INDEX KEY: 0001008580 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: METRO TOWER SUITE 1170 STREET 2: 950 TOWER LANE CITY: FOSTER CITY STATE: CA ZIP: 94404 BUSINESS PHONE: 4152862350 SC 14D1/A 1 SC 14D1/A - ------------------------------------------------------------------------------ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------- SCHEDULE 14D-1/A Tender Offer Statement Pursuant to Section 14(d)(1) of the Securities Exchange Act of 1934 (Amendment No. 1) --------------- ANDROS INCORPORATED (Name of Subject Company) ANDROS ACQUISITION INC. ANDROS HOLDINGS INC. (Bidder) Common Stock, $.01 par value (Title of Class of Securities) 345281 (CUSIP Number of Class of Securities) Richard D. Paterson Andros Holdings Inc. Metro Tower, Suite 1170 950 Tower Lane Foster City, California 94404-2121 Telephone: (415) 286-2350 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of Bidder) Copy to: Michael J. Kennedy, Esq. Shearman & Sterling 555 California Street San Francisco, California 94104-1522 Telephone: (415) 616-1100 - ------------------------------------------------------------------------------ This Amendment No. 1 to the Tender Offer Statement on Schedule 14D-1 (the "Statement") relates to the offer by Andros Acquisition Inc., a corporation organized under the laws of the State of Delaware ("Purchaser") and a wholly owned subsidiary of Andros Holdings Inc., a corporation organized under the laws of the State of Delaware ("Parent") and formed at the direction of Genstar Capital Partners II, L.P. ("GCP II"), a Delaware limited partnership the sole general partner of which is Genstar Capital LLC ("GCLLC"), to purchase all outstanding shares of common stock, par value $.01 per share (the "Shares"), of Andros Incorporated, a corporation organized under the laws of the State of Delaware (the "Company"), at a price of $18.00 per Share, net to the seller in cash, upon the terms and subject to the conditions set forth in Purchaser's Offer to Purchase dated February 21, 1996 (the "Offer to Purchase") and in the related Letter of Transmittal (which together constitute the "Offer"), copies of which were attached to the Statement as Exhibits (a)(1) and (a)(2), thereto, respectively. ITEM 10. ADDITIONAL INFORMATION. Item 10(e) is hereby amended and supplemented as follows: On March 4, 1996, a putative class action was filed in the Court of Chancery in the State of Delaware on behalf of the stockholders of the Company alleging causes of action arising out of the Offer and the proposed Merger. IRA FBO DANIEL W. KRASNER V. ANDROS INCORPORATED, ET AL., Civ. Action No. 14872. The defendants in this action include the Company and its directors. The action alleges that the Board breached their fiduciary duties and specifically alleges that the Board breached its fiduciary duties by failing to undertake an adequate evaluation of the Company as a potential acquisition candidate and to take adequate steps to enhance the Company's value as an acquisition candidate. The action seeks INTER ALIA to enjoin the defendants from taking steps to accomplish the Offer and the proposed Merger under their present terms. The Company believes that the putative class action suit is without merit and intends to defend it vigorously. 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. March 7, 1996 ANDROS ACQUISITION INC. By /s/ Jean-Pierre L. Conte -------------------------------- Jean-Pierre L. Conte Vice President and Treasurer ANDROS HOLDINGS INC. By /s/ Jean-Pierre L. Conte -------------------------------- Jean-Pierre L. Conte Vice President and Treasurer -----END PRIVACY-ENHANCED MESSAGE-----