-----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, LHxskKyGK64/FPPPLewVO7dzEaspbFxVuzgrm/OsOJUJ3B+UglpybNsggYVtwBoB 4nKC/zOkXZTcVBRHhgDlOQ== 0000898822-98-001084.txt : 19981209 0000898822-98-001084.hdr.sgml : 19981209 ACCESSION NUMBER: 0000898822-98-001084 CONFORMED SUBMISSION TYPE: SC 14D1/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981208 GROUP MEMBERS: GMG ACQUISITION CORP GROUP MEMBERS: STONINGTON ACQUISITION CORP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GLOBAL MOTORSPORT GROUP INC CENTRAL INDEX KEY: 0000879360 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MOTOR VEHICLE SUPPLIES & NEW PARTS [5013] IRS NUMBER: 941716138 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 14D1/A SEC ACT: SEC FILE NUMBER: 005-42821 FILM NUMBER: 98765318 BUSINESS ADDRESS: STREET 1: 16100 JACQUELINE COURT CITY: MORGAN HILL STATE: CA ZIP: 95037 BUSINESS PHONE: 4087780500 MAIL ADDRESS: STREET 1: 16100 JACQUELINE CT CITY: MORGAN HILL STATE: CA ZIP: 95037 FORMER COMPANY: FORMER CONFORMED NAME: CUSTOM CHROME INC /DE DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GMG ACQUISITION CORP CENTRAL INDEX KEY: 0001073346 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: C/O STONINGTON PARTNERS INC STREET 2: 767 FIFTH AVE CITY: NEW YORK STATE: NY ZIP: 10153 BUSINESS PHONE: 2123398500 MAIL ADDRESS: STREET 1: C/O STONINGTON PARTNERS INC STREET 2: 767 FIFTH AVE CITY: NEW YORK STATE: NY ZIP: 10153 SC 14D1/A 1 AMENDMENT NO. 2 ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 --------------------------------------- AMENDMENT NO. 2 TO SCHEDULE 14D-1 TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 GLOBAL MOTORSPORT GROUP, INC. ------------------------- (Name of Subject Company) GMG ACQUISITION CORP. STONINGTON ACQUISITION CORP. STONINGTON CAPITAL APPRECIATION 1994 FUND, L.P. STONINGTON PARTNERS, L.P. STONINGTON PARTNERS, INC. II STONINGTON PARTNERS, INC. ------------------------- (Bidders) COMMON STOCK, PAR VALUE $.001 PER SHARE ------------------------- (Title of Class of Securities) 378937106 ------------------------- (CUSIP Number of Class of Securities) ROBERT F. END GMG ACQUISITION CORP. C/O STONINGTON PARTNERS, INC. 767 FIFTH AVENUE 48TH FLOOR NEW YORK, NY 10153 (212) 339-8500 ------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of Bidder) COPIES TO: ANDREW R. BROWNSTEIN, ESQ. WACHTELL, LIPTON, ROSEN & KATZ 51 WEST 52ND STREET NEW YORK, NEW YORK 10019 (212) 403-1000 ================================================================================ CUSIP No. 378937106 14D-1 - -------------------------------------------------------------------------------- 1. Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Stonington Partners, Inc. 13-3730573 - -------------- ----------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [X] (b) [ ] - -------------- ----------------------------------------------------------------- 3. SEC Use Only - -------------- ----------------------------------------------------------------- 4. Sources of Funds AF - -------------- ----------------------------------------------------------------- 5. Check 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 0 - -------------- ----------------------------------------------------------------- 8. Check if the Aggregate Amount in Row (7) Excludes Certain Shares [ ] - -------------- ----------------------------------------------------------------- 9. Percent of Class Represented by Amount in Row (7) 0.0% - -------------- ----------------------------------------------------------------- 10. Type of Reporting Person CO - -------------- ----------------------------------------------------------------- This Amendment No. 2 (this "Amendment") amends and supplements the Tender Offer Statement on Schedule 14D-1 (the "Schedule 14D-1") filed with the Securities and Exchange Commission on November 16, 1998 by GMG Acquisition Corp. (the "Purchaser"), a Delaware corporation and an indirect, wholly-owned subsidiary of Stonington Acquisition Corp., a Delaware corporation ("Parent"), to purchase all outstanding shares of Common Stock, par value $.001 per share (the "Shares"), of Global Motorsport Group, Inc., a Delaware corporation (the "Company"), and the associated preferred share purchase rights (the "Rights") issued pursuant to the Rights Agreement, dated as of November 13, 1996, between the Company and American Stock Transfer & Trust Company, as Rights Agent (as the same may be amended, the "Rights Agreement"), at a purchase price of $19.50 per Share (and associated Right), net to the seller in cash, without interest thereon, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated November 16, 1998 (the "Offer to Purchase"), and in the related Letter of Transmittal (which together with the Offer to Purchase constitutes the "Offer"). Capitalized terms used and not defined herein shall have the meanings assigned to them in the Offer to Purchase and the Schedule 14D-1. Pursuant to this Amendment, the following parties have been added as bidders: (1) Stonington Capital Appreciation 1994 Fund, L.P., (2) Stonington Partners, L.P., (3) Stonington Partners, Inc. II, and (4) Stonington Partner, Inc (the "Additional Bidders" and collectively with Parent and the Purchasers, the "Bidders"). ITEM 1. SECURITY AND SUBJECT COMPANY Item 1 of Schedule 14D-1 is hereby amended and supplemented by the following disclosure: Reference is hereby made to the information set forth in the last paragraph of Section 8 ("Certain Information Concerning the Company") of the Offer to Purchase, which is incorporated herein by reference. The financial projections referred to therein were prepared by the Company and disclaimers made by the Company relating to such financial projections in such paragraph are hereby deleted. ITEM 4. SOURCES AND AMOUNT OF FUNDS Item 4 of the Schedule 14D-1 is hereby amended and supplemented by the following disclosure: Reference is hereby made to the information set forth in Section 12 ("Source and Amount of Funds") of the Offer to Purchase. The Fund has available on call capital well in excess of the $80 million that it will contribute to Parent as an equity contribution. ITEM 10. ADDITIONAL INFORMATION Item 10 of Schedule 14D-1 is hereby amended and supplemented by the following disclosure: Reference is hereby made to the information set forth in Sections 1 ("Terms of the Offer") and 14 ("Certain Conditions of the Offer") of the Offer to Purchase. Each of the Bidders acknowledge that all conditions to the Offer must be satisfied or waived prior to the Expiration Date. 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. Dated: December 8, 1998 STONINGTON ACQUISITION CORP. By: /s/ Robert F. End Name: Robert F. End Title: President GMG ACQUISITION CORP. By: /s/ Robert F. End Name: Robert F. End Title: President STONINGTON CAPITAL APPRECIATION 1994 FUND, L.P. By: Stonington Partners, L.P., its general partner By: Stonington Partners, Inc. II, its general partner By: /s/ Bradley J. Hoecker Name: Bradley J. Hoecker Title: Partner STONINGTON PARTNERS, L.P. By: Stonington Partners, Inc. II, its general partner By: /s/ Bradley J. Hoecker Name: Bradley J. Hoecker Title: Partner STONINGTON PARTNERS, INC. II By: /s/ Bradley J. Hoecker Name: Bradley J. Hoecker Title: Partner STONINGTON PARTNERS, INC. By: /s/ Bradley J. Hoecker Name: Bradley J. Hoecker Title: Partner EXHIBIT INDEX (a)(1) -- Offer to Purchase, dated November 16, 1998. (a)(2) -- Letter of Transmittal. (a)(3) -- Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Nominees. (a)(4) -- Letter to Clients for Use by Brokers, Dealers, Commercial Banks, Trust Companies and Nominees. (a)(5) -- Notice of Guaranteed Delivery. (a)(6) -- Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9. (a)(7) -- Text of press release issued by the Company on November 9, 1998. (a)(8) -- Form of Summary Advertisement dated November 16, 1998. (b)(1) -- Commitment Letter, dated as of November 8, 1998, from Bankers Trust Company and NationsBank, N.A. (c)(1) -- Agreement and Plan of Merger, dated as of November 8, 1998, by and among the Company, the Purchaser and Parent. (c)(2) -- Exclusivity Agreement, dated as of October 15, 1998, between the Company and Stonington Partners, Inc. (c)(3) -- Confidentiality Agreement, dated as of April 24, 1998, between the Company and Stonington Partners, Inc. (d) -- Not applicable. (e) -- Not applicable. (f) -- Not applicable. All exhibits were previously filed. -----END PRIVACY-ENHANCED MESSAGE-----