-----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, RghS8Z9xbiDPZB3Pg6Hzg1D1NEkUK9fwfKvEIGZiNIv48uUpK5hnYU359ZdC1iYb 83qy59qV5vB+pC7/dd+lng== 0000950115-97-001432.txt : 19970918 0000950115-97-001432.hdr.sgml : 19970918 ACCESSION NUMBER: 0000950115-97-001432 CONFORMED SUBMISSION TYPE: SC 14D1/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19970916 SROS: NYSE SROS: PSE GROUP MEMBERS: RESOURCES NEWCO, INC. GROUP MEMBERS: UNION PACIFIC RESOURCES GROUP INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PENNZOIL CO /DE/ CENTRAL INDEX KEY: 0000077320 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 741597290 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A SEC ACT: SEC FILE NUMBER: 005-06319 FILM NUMBER: 97681398 BUSINESS ADDRESS: STREET 1: PENNZOIL PL STREET 2: P O BOX 2967 CITY: HOUSTON STATE: TX ZIP: 77252-2967 BUSINESS PHONE: 7135464000 MAIL ADDRESS: STREET 1: PENNZOIL PLACE STREET 2: P O BOX 2967 CITY: HOUSTON STATE: TX ZIP: 77252-2967 FORMER COMPANY: FORMER CONFORMED NAME: PENNZOIL UNITED INC DATE OF NAME CHANGE: 19680429 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: UNION PACIFIC RESOURCES GROUP INC CENTRAL INDEX KEY: 0000949061 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 132647483 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: PO BOX 7 MS 2702 STREET 2: 801 CHERRY ST CITY: FORT WORTH STATE: TX ZIP: 76102-6203 BUSINESS PHONE: 8178776000 MAIL ADDRESS: STREET 1: P O BOX 7 MS 2702 STREET 2: 801 CHERRY ST CITY: FORT WORTH STATE: TX ZIP: 76102-6203 SC 14D1/A 1 =============================================================================== SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------ SCHEDULE 14D-1 (Amendment No. 24) Tender Offer Statement Pursuant to Section 14(d)(1) of the Securities Exchange Act of 1934 ------------------------ Pennzoil Company (Name of Subject Company) ------------------------ Union Pacific Resources Group Inc. Resources Newco, Inc. (Bidders) ------------------------ Common Stock, par value $0.83 1/3 per Share (Including the Associated Preferred Stock Purchase Rights) (Title of Class of Securities) ------------------------ 709903 10 8 (CUSIP Number of Class of Securities) ------------------------ Joseph A. LaSala, Jr., Esq. Vice President, General Counsel and Secretary Union Pacific Resources Group Inc. 801 Cherry Street Fort Worth, Texas 76102 Telephone: (817) 877-6000 (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications on Behalf of Bidders) Copies To: Howard L. Shecter, Esq. Paul T. Schnell, Esq. Morgan, Lewis & Bockius LLP Skadden, Arps, Slate, Meagher & Flom LLP 101 Park Avenue 919 Third Avenue New York, NY 10178-0060 New York, NY 10022-3897 Telephone: (212) 309-6384 Telephone: (212) 735-3000 =============================================================================== This Amendment No. 24 amends the Tender Offer Statement on Schedule 14D-1 filed on June 23, 1997 (the 'Schedule 14D-1') by Union Pacific Resources Group Inc., a Utah corporation ('UPR'), and Resources Newco, Inc., a Delaware corporation and a wholly owned subsidiary of UPR (the 'Purchaser', and together with UPR, the 'Bidders'), with respect to Purchaser's offer to purchase up to 25,094,200 shares of Common Stock, par value $0.83 1/3 per share (the 'Shares'), of Pennzoil Company, a Delaware corporation ('Pennzoil'), or such greater number of Shares as equals 50.1% of the Shares outstanding on a fully-diluted basis, in each case together with the associated Preferred Stock Purchase Rights, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated June 23, 1997 (the 'Offer to Purchase'), and the related Letter of Transmittal (which, together with any amendments or supplements thereto, collectively constitute the 'Offer'), which were filed as Exhibits (a)(1) and (a)(2) to the Schedule 14D-1, respectively. Unless otherwise defined herein, all capitalized terms used herein shall have the respective meanings given such terms in the Offer to Purchase. Item 11. Material to be Filed as Exhibits. Item 11 is hereby amended to add the following: (a)(24) Press release, dated September 15, 1997, relating to the filing of a motion to compel Pennzoil to publicly disclose its strategic plan. SIGNATURES After due inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. UNION PACIFIC RESOURCES GROUP INC. By: /s/ JOSEPH A. LASALA, JR. ------------------------------------------ Name: Joseph A. LaSala, Jr. Title: Vice President, General Counsel and Secretary RESOURCES NEWCO, INC. By: /s/ JOSEPH A. LASALA, JR. ------------------------------------------ Name: Joseph A. LaSala, Jr. Title: Vice President, General Counsel and Secretary Dated: September 16, 1997 EXHIBIT INDEX Exhibit No. Description Page No. - ---------- ----------- -------- (a)(24) Press release, dated September 15, 1997, relating to the filing of a motion to compel Pennzoil to publicly disclose its strategic plan. EX-99.(A)(24) 2 PRESS RELEASE DATED SEPTEMBER 15, 1997 UPR FILES MOTION TO COMPEL PUBLIC DISCLOSURE OF PENNZOIL STRATEGIC PLAN UPR Believes Pennzoil Shareholders Deserve to See Whether Pennzoil Can Credibly Claim to Have a Plan that Matches the Value of UPR's Offer Fort Worth, TX - Sept. 15, 1997 -- Union Pacific Resources Group Inc. (NYSE:UPR) announced today that it filed a motion in U.S. District Court for the Northern District of Texas to compel Pennzoil to publicly disclose its strategic plan, including any estimate of the value of Pennzoil were the plan to be achieved and any material assumptions on which it is based. "We are filing this motion because we believe Pennzoil shareholders have a right to see whether Pennzoil's secret plan can credibly match the value of UPR's $84 per share tender offer," said UPR CEO Jack L. Messman. "We do not understand how, if Pennzoil refuses to disclose its strategic plan, it can possibly justify to Pennzoil shareholders its rejection of UPR's offer." Media Contact: Investor Relations Contact: Walter Montgomery Michael Liebschwager 212-484-6721 817-877-6531 -----END PRIVACY-ENHANCED MESSAGE-----