-----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, EI2mo/wxAuEm7eQdWKSRQ7j2+g2F8uVjvT7HKOtDQ2oTtJmtccYDb8vOHmMFLtxH PtgODlsMrU+pmJlfmXBsvQ== 0000929624-97-001126.txt : 19971001 0000929624-97-001126.hdr.sgml : 19971001 ACCESSION NUMBER: 0000929624-97-001126 CONFORMED SUBMISSION TYPE: SC 14D1/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19970930 SROS: NASD GROUP MEMBERS: AMERICAN INDUSTRIAL PARTNERS ACQUISITION CO., LLC GROUP MEMBERS: BUCYRUS ACQUISITION CORP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BUCYRUS INTERNATIONAL INC CENTRAL INDEX KEY: 0000740761 STANDARD INDUSTRIAL CLASSIFICATION: MINING MACHINERY & EQUIP (NO OIL & GAS FIELD MACH & EQUIP) [3532] IRS NUMBER: 390188050 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-33080 FILM NUMBER: 97688619 BUSINESS ADDRESS: STREET 1: P O BOX 500 STREET 2: 1100 MILWAUKEE AVENUE CITY: SOUTH MILWAUKEE STATE: WI ZIP: 53172-0500 BUSINESS PHONE: 4147684000 MAIL ADDRESS: STREET 1: P O BOX 500 STREET 2: 1100 MILWAUKEE AVENUE CITY: SOUTH MILWAUKEE STATE: WI ZIP: 53172-0500 FORMER COMPANY: FORMER CONFORMED NAME: BUCYRUS ERIE CO /DE DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: BECOR WESTERN INC/DE DATE OF NAME CHANGE: 19860901 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BUCYRUS INTERNATIONAL INC CENTRAL INDEX KEY: 0000740761 STANDARD INDUSTRIAL CLASSIFICATION: MINING MACHINERY & EQUIP (NO OIL & GAS FIELD MACH & EQUIP) [3532] IRS NUMBER: 390188050 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A SEC ACT: SEC FILE NUMBER: 005-33080 FILM NUMBER: 97688620 BUSINESS ADDRESS: STREET 1: P O BOX 500 STREET 2: 1100 MILWAUKEE AVENUE CITY: SOUTH MILWAUKEE STATE: WI ZIP: 53172-0500 BUSINESS PHONE: 4147684000 MAIL ADDRESS: STREET 1: P O BOX 500 STREET 2: 1100 MILWAUKEE AVENUE CITY: SOUTH MILWAUKEE STATE: WI ZIP: 53172-0500 FORMER COMPANY: FORMER CONFORMED NAME: BUCYRUS ERIE CO /DE DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: BECOR WESTERN INC/DE DATE OF NAME CHANGE: 19860901 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BUCYRUS ACQUISITION CORP CENTRAL INDEX KEY: 0001044877 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: ONE MARITIME PLAZA STREET 2: SUITE 2525 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4157887354 MAIL ADDRESS: STREET 1: ONE MARITIME PLAZA STREET 2: SUITE 2525 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BUCYRUS ACQUISITION CORP CENTRAL INDEX KEY: 0001044877 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: ONE MARITIME PLAZA STREET 2: SUITE 2525 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4157887354 MAIL ADDRESS: STREET 1: ONE MARITIME PLAZA STREET 2: SUITE 2525 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 SC 14D1/A 1 SCHEDULE 14D-1, AMENDMENT #1 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------- SCHEDULE 14D-1/A (AMENDMENT NO. 1 -- FINAL AMENDMENT) TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 AND SCHEDULE 13D/A (AMENDMENT NO. 1 -- FINAL AMENDMENT) UNDER THE SECURITIES EXCHANGE ACT OF 1934 ---------------- BUCYRUS INTERNATIONAL, INC. (Name of Subject Company) BUCYRUS ACQUISITION CORP. AMERICAN INDUSTRIAL PARTNERS ACQUISITION COMPANY, LLC (Bidders) ---------------- COMMON STOCK, PAR VALUE $0.01 PER SHARE (Title of Class of Securities) ---------------- 118902105 (CUSIP Number of Class of Securities) ---------------- LAWRENCE W. WARD, JR. PRESIDENT AMERICAN INDUSTRIAL PARTNERS ACQUISITION COMPANY, LLC C/O AMERICAN INDUSTRIAL PARTNERS CAPITAL FUND II, L.P. ONE MARITIME PLAZA SUITE 2525 SAN FRANCISCO, CALIFORNIA 94111 (415) 788-7354 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of Bidder) COPY TO: KENTON J. KING, ESQ. SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP FOUR EMBARCADERO CENTER, SUITE 3800 SAN FRANCISCO, CALIFORNIA 94111 (415) 984-6400 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- SCHEDULE 14D-1 CUSIP NO. 118902105 - ------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification Nos. of Above Persons Bucyrus Acquisition Corp. 94-3279135 - -------------------------------------------------------------------------------- 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 Delaware - -------------------------------------------------------------------------------- 7. Aggregate Amount Beneficially Owned by Each Reporting Person 10,380,713 shares of Common Stock (including 1,157,206 shares subject to guarantee of delivery) - -------------------------------------------------------------------------------- 8. Check Box if the Aggregate Amount in Row (7) Excludes [_] Certain Shares - -------------------------------------------------------------------------------- 9. Percent of Class Represented by Amount in Row (7) 93% - -------------------------------------------------------------------------------- 10. Type of Reporting Person CO - -------------------------------------------------------------------------------- 1 SCHEDULE 14D-1 CUSIP NO. 118902105 - ------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification Nos. of Above Persons American Industrial Partners Acquisition Company, LLC 94-3279136 - -------------------------------------------------------------------------------- 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 Items 2(e) or 2(f) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- 7. Aggregate Amount Beneficially Owned by Each Reporting Person 10,380,713 shares of Common Stock (including 1,157,206 shares subject to guarantee of delivery) - -------------------------------------------------------------------------------- 8. Check Box if the Aggregate Amount in Row (7) Excludes [_] Certain Shares - -------------------------------------------------------------------------------- 9. Percent of Class Represented by Amount in Row (7) 93% - -------------------------------------------------------------------------------- 10. Type of Reporting Person OO - -------------------------------------------------------------------------------- 2 SCHEDULE 14D-1 CUSIP NO. 118902105 - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification Nos. of Above Persons American Industrial Partners Capital Fund II, L.P. - -------------------------------------------------------------------------------- 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 Items 2(e) or 2(f) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- 7. Aggregate Amount Beneficially Owned by Each Reporting Person 10,380,713 shares of Common Stock (including 1,157,206 shares subject to guarantee of delivery) - -------------------------------------------------------------------------------- 8. Check Box if the Aggregate Amount in Row (7) Excludes [_] Certain Shares - -------------------------------------------------------------------------------- 9. Percent of Class Represented by Amount in Row (7) 93% - -------------------------------------------------------------------------------- 10. Type of Reporting Person PN - -------------------------------------------------------------------------------- 3 SCHEDULE 14D-1 CUSIP NO. 118902105 - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Persons American Industrial Partners II, L.P. - -------------------------------------------------------------------------------- 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 Items 2(e) or 2(f) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- 7. Aggregate Amount Beneficially Owned by Each Reporting Person* 10,380,713 shares of Common Stock (including 1,157,206 shares subject to guarantee of delivery) - -------------------------------------------------------------------------------- 8. Check Box if the Aggregate Amount in Row (7) Excludes [_] Certain Shares - -------------------------------------------------------------------------------- 9. Percent of Class Represented by Amount in Row (7) 93% - -------------------------------------------------------------------------------- 10. Type of Reporting Person PN - -------------------------------------------------------------------------------- 4 SCHEDULE 14D-1 CUSIP NO. 118902105 - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Persons American Industrial Partners Corporation - -------------------------------------------------------------------------------- 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 Items 2(e) or 2(f) [_] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- 7. Aggregate Amount Beneficially Owned by Each Reporting Person* 10,380,713 shares of Common Stock (including 1,157,206 shares subject to guarantee of delivery) - -------------------------------------------------------------------------------- 8. Check Box if the Aggregate Amount in Row (7) Excludes [_] Certain Shares - -------------------------------------------------------------------------------- 9. Percent of Class Represented by Amount in Row (7)* 93% - -------------------------------------------------------------------------------- 10. Type of Reporting Person CO - -------------------------------------------------------------------------------- 5 TENDER OFFER This Amendment No. 1 (Final Amendment) constitutes the final amendment to the Tender Offer Statement on Schedule 14D-1/13D (the "Schedule 14D-1/13D") filed with the Securities and Exchange Commission on August 26, 1997 by Bucyrus Acquisition Corp. (the "Purchaser") and American Industrial Partners Acquisition Company, LLC ("Parent"), relating to the offer by the Purchaser to purchase all of the outstanding shares (the "Shares") of common stock, par value $.01 per share (the "Common Stock") of Bucyrus International, Inc., a Delaware corporation (the "Company"), at $18.00 per Share, net to the seller in cash, upon the terms and subject to the conditions set forth in the Offer to Purchase dated August 26, 1997 (the "Offer to Purchase"), a copy of which is attached to the Schedule 14D-1/13D as Exhibit (a)(1), and in the related Letter of Transmittal, a copy of which is attached to the Schedule 14D-1/13D as Exhibit (a)(2). This filing also constitutes Amendment No. 1 (Final Amendment) to the Schedule 13D originally filed pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended, on behalf of each of the Purchaser, Parent, American Industrial Partners Capital Fund II, L.P. ("AIP Capital Fund"), American Industrial Partners II, L.P. ("AIP LP") and American Industrial Partners Corporation ("AIP Corp.") Each of the Purchaser, Parent, AIP Capital Fund, AIP LP and AIP Corp. disclaims beneficial ownership of such Shares. ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY. Item 6 is hereby amended and supplemented by adding thereto the following: (a)-(b) The Offer expired at 12:00 midnight, New York City time, on Tuesday, September 23, 1997. Based on information provided by the Depositary, there were validly tendered and not withdrawn 10,380,713 shares of Common Stock (including 1,157,206 shares subject to guarantee of delivery), or approximately 93% of the issued and outstanding shares of Common Stock on a fully diluted basis. The Shares validly tendered and not withdrawn at such time were accepted for payment. On September 24, 1997, the Purchaser, Parent and the Company issued the joint press release attached hereto as Exhibit (a)(10). On September 26, 1997, the Purchaser and the Company effected a short-form merger pursuant to Section 253 of the Delaware General Corporation Law. Immediately thereafter, the Company filed a Form 15 pursuant to the Securities Exchange Act of 1934, as amended, and concurrently notified the Nasdaq National Market System. ITEM 11. MATERIALS TO BE FILED AS EXHIBITS Item 11 is hereby amended and supplemented by adding thereto the following Exhibit: (a)(19) Press Release jointly issued by the Purchaser and the Company, dated September 24, 1997. 6 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. Date: September 30, 1997 Bucyrus Acquisition Corp. By: /s/ Lawrence W. Ward, Jr. ---------------------------------- Name: Lawrence W. Ward, Jr. Title: President 7 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. Date: September 30, 1997 American Industrial Partners Acquisition Company, LLC By: /s/ Lawrence W. Ward, Jr. ---------------------------------- Name: Lawrence W. Ward, Jr. Title: President 8 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. Date: September 30, 1997 American Industrial Partners Capital Fund II, L.P. By: American Industrial Partners II, L.P., its general partner By: American Industrial Partners Corporation, its general partner By: /s/ W. Richard Bingham ---------------------------------- Name: W. Richard Bingham Title: President, Treasurer and Assistant Secretary 9 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. Date: September 30, 1997 American Industrial Partners II, L.P. By: American Industrial Partners Corporation, its general partner By: /s/ W. Richard Bingham ---------------------------------- Name: W. Richard Bingham Title: President, Treasurer and Assistant Secretary 10 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. Date: September 30, 1997 American Industrial Partners Corporation By: /s/ W. Richard Bingham ---------------------------------- Name: W. Richard Bingham Title: President, Treasurer and Assistant Secretary 11 INDEX TO EXHIBITS
EXHIBIT NUMBER EXHIBIT ------- ------- (a)(10) Press Release jointly issued by the Purchaser, Parent and the Company dated September 24 1997.
EX-99.(A)(10) 2 PRESS RELEASE DATED 9/24/97 [BUCYRUS ACQUISITION CORP. LETTERHEAD] FOR IMMEDIATE RELEASE (SAN FRANCISCO, California)--September 24, 1997--American Industrial Partners Acquisition Company, LLC ("AIP"), Bucyrus Acquisition Corp. ("Bucyrus Acquisition") and Bucyrus International, Inc. ("Bucyrus") announced today that AIP and Bucyrus Acquisition have completed their tender offer for all of the outstanding shares of common stock (NASDAQ: BCYR) of Bucyrus at $18.00 net per share of common stock. The offer expired, as scheduled, at 12:00 midnight (EDT) on Tuesday, September 23, 1997. As of the termination of the offer, based on a preliminary count from the depositary, American Stock Transfer and Trust Company, approximately 10,380,713 shares of Bucyrus common stock had been tendered and not withdrawn. Subject to the terms of the merger agreement among AIP, Bucyrus Acquisition and Bucyrus, shares of common stock not tendered will be converted into the right to receive $18.00 net per share of common stock pursuant to a second-step merger between Bucyrus Acquisition and Bucyrus. Bucyrus is one of the world's leading manufacturers of large scale surface mining equipment and a provider of aftermarket parts and services. AIP and Bucyrus Acquisition were formed at the direction of American Industrial Partners Capital Fund II, L.P., a private investment limited partnership which makes equity investments in public and privately held companies located principally in the United States. # # # Bucyrus International, Inc. Contact: D. J. Smoke Vice President and Chief Financial Officer (414)768-5371 American Industrial Partners Contact: Lawrence W. Ward, Jr. Principal (415)788-7354 -----END PRIVACY-ENHANCED MESSAGE-----