-----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, V4Ot/AsS1FPq0i2N1jNUQLU8ri1syf35PMKfKUExIYhMB0XbtbXLCJYSkv52AZkL yziQUdBnOUYHBLhgDr40oQ== 0000891092-10-005667.txt : 20101213 0000891092-10-005667.hdr.sgml : 20101213 20101210194752 ACCESSION NUMBER: 0000891092-10-005667 CONFORMED SUBMISSION TYPE: SC TO-I/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20101213 DATE AS OF CHANGE: 20101210 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PREMIERE GLOBAL SERVICES, INC. CENTRAL INDEX KEY: 0000880804 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 593074176 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-I/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-47353 FILM NUMBER: 101246277 BUSINESS ADDRESS: STREET 1: 3280 PEACHTREE RD NW STREET 2: THE TERMINUS BUILDING, SUITE 1000 CITY: ATLANTA STATE: GA ZIP: 30305-2422 BUSINESS PHONE: 4042628400 MAIL ADDRESS: STREET 1: 3280 PEACHTREE RD NW STREET 2: THE TERMINUS BUILDING, SUITE 1000 CITY: ATLANTA STATE: GA ZIP: 30305-2422 FORMER COMPANY: FORMER CONFORMED NAME: PTEK HOLDINGS INC DATE OF NAME CHANGE: 20000306 FORMER COMPANY: FORMER CONFORMED NAME: PREMIERE TECHNOLOGIES INC DATE OF NAME CHANGE: 19951219 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PREMIERE GLOBAL SERVICES, INC. CENTRAL INDEX KEY: 0000880804 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 593074176 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-I/A BUSINESS ADDRESS: STREET 1: 3280 PEACHTREE RD NW STREET 2: THE TERMINUS BUILDING, SUITE 1000 CITY: ATLANTA STATE: GA ZIP: 30305-2422 BUSINESS PHONE: 4042628400 MAIL ADDRESS: STREET 1: 3280 PEACHTREE RD NW STREET 2: THE TERMINUS BUILDING, SUITE 1000 CITY: ATLANTA STATE: GA ZIP: 30305-2422 FORMER COMPANY: FORMER CONFORMED NAME: PTEK HOLDINGS INC DATE OF NAME CHANGE: 20000306 FORMER COMPANY: FORMER CONFORMED NAME: PREMIERE TECHNOLOGIES INC DATE OF NAME CHANGE: 19951219 SC TO-I/A 1 e41236sctoia.htm AMENDMENT NO. 5 TO SCHEDULE TO

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE TO
(Amendment No. 5)

Tender Offer Statement under Section
14(d)(1) or 13(e)(1) of the Securities Exchange Act of 1934

Premiere Global Services, Inc.
(Name of Subject Company (Issuer))
Premiere Global Services, Inc.
(Name of Filing Person (Offeror))

Common Stock, Par Value $.01 Per Share
(Title of Class of Securities)

740585104
(CUSIP Number of Class of Securities)

Scott Askins Leonard, Esq.
Senior Vice President – Legal, General Counsel and Secretary
3280 Peachtree Road NE
The Terminus Building, Suite 1000
Atlanta, Georgia 30305
(404) 262-8400
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of Filing Persons)

Copy to:
David E. Brown, Jr., Esq.
Carol M. McGee, Esq.
Alston & Bird LLP
The Atlantic Building
950 F Street N.W.
Washington, D.C. 20004
(202) 239-3300

CALCULATION OF FILING FEE

Transaction Valuation* Amount of Filing Fee**

$58,759,039 $4,190


*     

Calculated solely for purposes of determining the amount of the filing fee. Pursuant to Rule 0-11(b)(1) of the Securities Exchange Act of 1934, as amended, the Transaction Valuation was calculated assuming that 8,104,695 outstanding shares of common stock, par value $.01 per share, are being purchased at the tender offer price of $7.25 per share.

 
**     

The amount of the filing fee, calculated in accordance with Rule 0-11(b)(1) of the Securities Exchange Act of 1934, as amended, equals $71.30 per million of the value of the transaction.

 
|X|     

Check box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 
    Amount Previously Paid: $3,565 Filing Party: Premiere Global Services, Inc.
  Form or Registration No.: Schedule TO Date Filed: October 27, 2010
 
  Amount Previously Paid: $625 Filing Party: Premiere Global Services, Inc.
  Form or Registration No.: Schedule TO Date Filed: December 10, 2010
   
|_| Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

|_| third-party tender offer subject to Rule 14d-1.
|X| issuer tender offer subject to Rule 13e-4.
|_| going-private transaction subject to Rule 13e-3.
|_| amendment to Schedule 13D under Rule 13d-2.

Check the following box if the filing is a final amendment reporting the results of the tender offer: |X|



     This Amendment No. 5 (this “Amendment No. 5”) amends and supplements the Tender Offer Statement on Schedule TO originally filed with the Securities and Exchange Commission (“SEC”) on October 27, 2010 (the “Schedule TO”), as amended on November 4, 2010 (the “Amendment No. 1”), November 24, 2010 (the “Amendment No. 2”), December 6, 2010 (the “Amendment No. 3”) and December 10, 2010 (the “Amendment No. 4”) by Premiere Global Services, Inc., a Georgia corporation (“PGi” or the “Company”). The Schedule TO relates to the tender offer by PGi, to purchase for cash shares of its common stock, par value $.01 per share (the “Shares”) (or such lesser or greater amount as PGi may elect to purchase, subject to applicable law), at a purchase price determined pursuant to tenders at prices specified by the tendering shareholders of not greater than $7.75 nor less than $6.75 per Share, that will enable PGi to purchase the maximum number of tendered Shares having an aggregate purchase price not exceeding $50,000,000, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated October 26, 2010 (the “Offer to Purchase”), and in the accompanying Letter of Transmittal (the “Letter of Transmittal”), which together, as each may be amended or supplemented from time to time, constitute the “Tender Offer.”

     This Amendment No. 5 is intended to satisfy the reporting requirements of Rule 13e-4(c)(4) promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All information in the Tender Offer, including all schedules and annexes thereto, which were previously filed with the Schedule TO, Amendment No. 1, Amendment No. 2, Amendment No. 3, and Amendment No. 4 is hereby expressly incorporated by reference into this Amendment No. 5, except that such information is hereby amended and supplemented to the extent specifically provided for herein.

Item 11. Additional Information.

     On December 10, 2010, PGi issued a corrected news release announcing the final results of the Tender Offer, which expired at 5:00 p.m., New York City time, on Friday, December 3, 2010. A copy of the news release is filed as Exhibit (a)(5)(D) and incorporated herein by reference.

Item 12. Exhibits.

Item 12—Exhibit Index of the Schedule TO is hereby amended to add the following exhibits to the exhibit index:

     Exhibit (a)(5)(D)— Corrected Press Release dated December 10, 2010, announcing the final results of the Tender Offer.

A restatement of the exhibit index, giving effect to the above additions, is included in this Amendment No. 5 following the signature page hereto.

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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.

  PREMIERE GLOBAL SERVICES, INC.
     
  By: /s/ Scott Askins Leonard
  Name: Scott Askins Leonard
  Title: Senior Vice President – Legal,
    General Counsel and Secretary

Dated: December 10, 2010

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EXHIBIT INDEX

Exhibit No.
Description
   
(a)(1)(A) Offer to Purchase, dated October 26, 2010.*
 
(a)(1)(B) Letter of Transmittal.*
 
(a)(1)(C) Notice of Guaranteed Delivery.*
 

(a)(1)(D)

Letter to brokers, dealers, commercial banks, trust companies and other nominees, dated October 26, 2010.*

 

(a)(1)(E)

Letter to clients for use by brokers, dealers, commercial banks, trust companies and other nominees, dated October 26, 2010.*

 

(a)(1)(F)

(a)(1)(G)

(a)(1)(H)

(a)(1)(I)

(a)(5)(A)

(a)(5)(B)

Letter to Premiere Global Services, Inc. 401(k) Plan Participants, dated October 26, 2010.*

Direction Form for Participants in the Premiere Global Services, Inc. 401(k) Plan.*

Instructions for Tender through Conditional Exercise of Options.*

Option Election Form.*

Press Release dated October 26, 2010, announcing the Tender Offer.*

Press Release dated December 6, 2010, announcing expiration and preliminary results of the Tender Offer.**

 

(a)(5)(C)

(a)(5)(D)

Press Release dated December 10, 2010, announcing final results of the Tender Offer.***

Corrected Press Release dated December 10, 2010, announcing final results of the Tender Offer.

 

(b)(1)(A)

Credit Agreement, dated May 10, 2010, among American Teleconferencing Services, Ltd., as Borrower, the Registrant and Certain Subsidiaries and Affiliates of the Borrower, as Guarantors, the Lenders Party hereto, Bank of America, N.A., as Administrative Agent and Collateral Agent, JPMorgan Chase Bank, N.A. and RBS Citizens, National Association, as Co- Syndication Agents, and Wells Fargo Bank, National Association, as Documentation Agent (incorporated by reference to Exhibit 10.8 to PGi’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2010 and filed on May 10, 2010).

 

(b)(1)(B)

Amendment No. 1 to that certain Credit Agreement, dated May 10, 2010, among American Teleconferencing Services, Ltd., as Borrower, Premiere Global Services, Inc. and Certain Subsidiaries and Affiliates of the Borrower, as Guarantors, the Lenders Party hereto, Bank of America, N.A., as Administrative Agent and Collateral Agent, JPMorgan Chase Bank, N.A. and RBS Citizens, National Association, as Co-Syndication Agents, and Wells Fargo Bank, National Association, as Documentation Agent (incorporated by reference to Exhibit 10.1 to PGi’s Current Report on Form 8-K dated October 20, 2010 and filed on October 21, 2010).

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(d)(1)(A)

Amended and Restated 1998 Stock Plan of PGi (incorporated by reference to Exhibit 10.1 to PGi's Quarterly Report on Form 10-Q for the quarter ended June 30, 1999 and filed on August 16, 1999).

 

(d)(1)(B)

Amendment No. 1 to the Amended and Restated 1998 Stock Plan of PGi (incorporated by reference to Exhibit 10.45 to PGi’s Annual Report on Form 10-K for the year ended December 31, 1999 and filed on March 30, 2000).

 

(d)(2)

Intellivoice Communications, Inc. 1995 Incentive Stock Plan (assumed by PGi) (incorporated by reference to Exhibit 10.52 to PGi’s Annual Report on Form 10-K for the year ended December 31, 1999 and filed on March 30, 2000).

 

(d)(3)(A)

1995 Stock Plan of PGi (incorporated by reference to Appendix C to PGi’s Definitive Proxy Statement distributed in connection with PGi’s June 5, 2002 Annual Meeting of Shareholders, filed on April 30, 2002).

 

(d)(3)(B)

Form of Restricted Stock Award Agreement under PGi’s 1995 Stock Plan (incorporated by reference to Exhibit 10.7 to PGi’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2005 and filed on May 6, 2005).

 

(d)(4)(A)

Amended and Restated 2000 Directors Stock Plan of PGi (incorporated herein by reference to Appendix B of the Company’s Definitive Proxy Statement on Schedule 14A filed on April 18, 2008).

 

(d)(4)(B)

Amendment to Amended and Restated 2000 Directors Stock Plan of Premiere Global Services, Inc. (incorporated herein by reference to Appendix B of the Company’s Definitive Proxy Statement on Schedule 14A filed on April 23, 2010).

 

(d)(4)(C)

Form of Restriction Agreement for non-employee directors under the Amended and Restated 2000 Directors Stock Plan (incorporated by reference to Exhibit 10.10 to PGi’s Form 10-Q/A for the quarter ended June 30, 2008 and filed on October 14, 2008).

 

(d)(5)(A)

Amended and Restated 2004 Long-Term Incentive Plan of PGi (incorporated by reference to Appendix A of the Company’s Definitive Proxy Statement on Schedule 14A filed on April 18, 2008).

 

(d)(5)(B)

Amendment to the Amended and Restated 2004 Long-Term Incentive Plan of Premiere Global Services, Inc. (incorporated by reference to Appendix A of the Company’s Definitive Proxy Statement on Schedule 14A filed on April 23, 2010).

 

(d)(5)(C)

Form of NonStatutory Stock Option Agreement under PGi’s 2004 Long- Term Incentive Plan (incorporated by reference to Exhibit 10.4 to PGi’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2005 and filed on May 6, 2005).

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(d)(5)(D)

Form of Restricted Stock Agreement under PGi’s Amended and Restated 2004 Long-Term Incentive Plan (incorporated by reference to Exhibit 10.9 to PGi’s Form 10-Q/A for the quarter ended June 30, 2008 and filed on October 14, 2008).

 

(d)(6)(A)

Summary of PGi’s Non-Employee Director Compensation (incorporated by reference to Exhibit 10.1 to PGi’s Current Report on Form 8-K dated and filed on December 22, 2005).

 

(d)(6)(B)

Revised Summary of the Equity Compensation Component to PGi’s Non-Employee Director Compensation (incorporated by reference to Exhibit 10.1 to PGi’s Current Report on Form 8- K dated and filed on July 26, 2006).

 

(d)(7)(A)

Fourth Amended and Restated Executive Employment Agreement between Boland T. Jones and PGi, effective January 1, 2005 (incorporated by reference to Exhibit 10.1 to PGi’s Current Report on Form 8-K dated and filed on April 20, 2005).

 

(d)(7)(B)

First Amendment to Fourth Amended and Restated Executive Employment Agreement between Boland T. Jones and PGi, dated September 15, 2006 (incorporated by reference to Exhibit 10.3 to PGi’s Current Report on Form 8-K dated and filed on September 19, 2006).

 

(d)(7)(C)

Second Amendment to Fourth Amended and Restated Executive Employment Agreement between Boland T. Jones and PGi dated December 21, 2007 (incorporated by reference to Exhibit 10.1 to PGi’s Current Report on Form 8-K dated December 20, 2007 and filed on December 21, 2007).

 

(d)(7)(D)

Third Amendment to Fourth Amended and Restated Executive Employment Agreement between Boland T. Jones and PGi dated December 23, 2008 (incorporated by reference to Exhibit 10.1 to PGi’s Current Report on Form 8-K dated and filed December 23, 2008).

 

(d)(7)(E)

Fourth Amendment to Fourth Amended and Restated Executive Employment Agreement between Boland T. Jones and Premiere Global Services, Inc. dated January 1, 2010 (incorporated by reference to Exhibit 10.1 to PGi’s Current Report on Form 8-K dated January 13, 2010 and filed January 15, 2010).

 

(d)(8)

Form of Restricted Stock Agreement to be issued to Boland T. Jones as Stock Bonuses pursuant to the terms of his Fourth Amended and Restated Executive Employment Agreement with PGi (incorporated by reference to Exhibit 10.11 to PGi’s Form 10-Q/A for the quarter ended June 30, 2008 and filed on October 14, 2008).

 

(d)(9)

Restricted Stock Agreement between Boland T. Jones and PGi, effective January 13, 2010, under PGi’s Amended and Restated 2004 Long-Term Incentive Plan (incorporated by reference to Exhibit 10.5 to PGi’s Current Report on Form 8-K dated January 13, 2010 and filed January 15, 2010).

 

(d)(10)

Restricted Stock Agreement between Boland T. Jones and PGi, effective January 13, 2010, under PGi’s Amended and Restated 2004 Long-Term Incentive Plan (incorporated by reference to Exhibit 10.6 to PGi’s Current Report on Form 8-K dated January 13, 2010 and filed January 15, 2010).

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(d)(11)

Promissory Note, dated October 31, 2000, payable to PGi by Boland T. Jones (incorporated by reference to Exhibit 10.75 to Amendment No. 1 to PGi’s Annual Report on Form 10-K/A for the year ended December 31, 2002 and filed on December 23, 2003).

 

(d)(12)

Promissory Note, dated April 17, 2001, payable to PGi by Boland T. Jones (incorporated by reference to Exhibit 10.81 to Amendment No. 1 to PGi’s Annual Report on Form 10-K/A for the year ended December 31, 2002 and filed on December 23, 2003).

 

(d)(13)

Agreement for Assignment of Stock Options, dated February 5, 1999, by and among Boland T. Jones, Seven Gables Management Company, LLC, Seven Gables Partnership, L.P. and PGi (incorporated by reference to Exhibit 10.74 to Amendment No. 1 to PGi’s Annual Report on Form 10-K/A for the year ended December 31, 2002 and filed on December 23, 2003).

 

(d)(14)

Stock Pledge Agreement, dated October 31, 2000, by and between Seven Gables Partnership, L.P. and PGi (incorporated by reference to Exhibit 10.76 to Amendment No. 1 to PGi’s Annual Report on Form 10-K/A for the year ended December 31, 2002 and filed on December 23, 2003).

 

(d)(15)(A)

Amended and Restated Employment Agreement between Theodore P. Schrafft and PGi, dated September 15, 2006 (incorporated by reference to Exhibit 10.1 to PGi’s Current Report on Form 8-K dated and filed September 19, 2006).

 

(d)(15)(B)

First Amendment to Amended and Restated Employment Agreement between Theodore P. Schrafft and PGi dated December 21, 2007 (incorporated by reference to Exhibit 10.2 to PGi’s Current Report on Form 8-K dated December 20, 2007 and filed on December 21, 2007).

 

(d)(15)(C)

Second Amendment to Amended and Restated Employment Agreement between Theodore P. Schrafft and PGi dated January 23, 2008 (incorporated by reference to Exhibit 10.1 to PGi’s Current Report on Form 8-K dated January 22, 2007 and filed on January 25, 2008).

 

(d)(15)(D)

Third Amendment to Amended and Restated Employment Agreement between Theodore P. Schrafft and PGi dated December 23, 2008 (incorporated by reference to Exhibit 10.2 to PGi’s Current Report on Form 8-K dated and filed December 23, 2008).

 

(d)(15)(E)

Fourth Amendment to Amended and Restated Employment Agreement between Theodore P. Schrafft and PGi dated January 13, 2010 (incorporated by reference to Exhibit 10.2 to PGi’s Current Report on Form 8-K dated January 13, 2010 and filed January 15, 2010).

 

(d)(16)

Restricted Stock Agreement between Theodore P. Schrafft and PGi dated July 29, 2010 under PGi’s Amended and Restated 2004 Long-Term Incentive Plan (incorporated by reference to Exhibit 10.1 to PGi’s to PGi’s Current Report on Form 8-K dated July 29, 2010 and filed on July 30, 2010).

 

(d)(17)

Restricted Stock Agreement between Theodore P. Schrafft and PGi dated July 29, 2010 under PGi’s Amended and Restated 2004 Long-Term Incentive Plan (incorporated by reference to Exhibit 10.2 to PGi’s to PGi’s Current Report on Form 8-K dated July 29, 2010 and filed on July 30, 2010).

-7 -



(d)(18)(A)

Amended and Restated Employment Agreement between David M. Guthrie and PGi dated May 19, 2008 and effective as of June 30, 2008 (incorporated by reference to Exhibit 10.2 to PGi’s Current Report on Form 8-K dated May 16, 2008 and filed on May 19, 2008).

 

(d)(18)(B)

First Amendment to Amended and Restated Employment Agreement between David M. Guthrie and PGi dated December 23, 2008 (incorporated by reference to Exhibit 10.1 to PGi’s Current Report on Form 8-K dated and filed December 23, 2008).

 

(d)(18)(C)

Second Amendment to Amended and Restated Employment Agreement between David M. Guthrie and PGi dated January 13, 2010 (incorporated by reference to Exhibit 10.4 to PGi’s Current Report on Form 8-K dated and filed on January 13, 2010).

 

(d)(19)(A)

Employment Agreement between David E. Trine and PGi, dated February 19, 2008 (incorporated by reference to Exhibit 10.1 to PGi’s Current Report on Form 8-K dated and filed February 19, 2009).

 

(d)(19)(B)

First Amendment to Employment Agreement between David E. Trine and PGi, dated January 13, 2010 (incorporated by reference to Exhibit 10.3 to PGi’s Current Report on Form 8-K dated January 13, 2010 and filed January 15, 2010).

 

(d)(20)

Restricted Stock Agreement between David E. Trine and PGi, dated March 31, 2009, under PGi’s Amended and Restated 2004 Long-Term Incentive Plan (incorporated by reference to Exhibit 10.1 to PGi’s Current Report on Form 8-K dated March 31, 2009 and filed April 1, 2009).

 

(d)(21)(A)

Wells Fargo Defined Contribution Prototype Plan and Trust Agreement, 401(K) Plan and Participation Agreement (1.23(D)) of PGi, effective January 1, 2009 (incorporated by reference to Exhibit 10.87 to PGi’s Annual Report on Form 10-K for the year ended December 31, 2008 and filed on March 2, 2009).

 

(d)(21)(B)

Amendatory Agreement #1 to the Premiere Global Services, Inc. 401(k) Plan, dated May 26, 2009 (incorporated by reference to Exhibit 10.1 to PGi’s Quarterly Report on Form 10-K for the quarter ended June 30, 2010 and filed on August 9, 2010).

 

(d)(21)(C)

Amendment to Premiere Global Services, Inc. 401(k) plan, dated June 16, 2009 (incorporated by reference to Exhibit 10.2 to PGi’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2010 and filed on August 9, 2010).

 

(d)(21)(D)

Amendment to Premiere Global Services, Inc. 401(k) plan, dated September 29, 2009 (incorporated by reference to Exhibit 10.3 to PGi’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2010 and filed on August 9, 2010).

 

(d)(21)(E)

Amendatory Agreement #3 to the Premiere Global Services, Inc. 401(k) Plan, dated February 16, 2010 (incorporated by reference to Exhibit 10.4 to PGi’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2010 and filed on August 9, 2010).

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(g)     

Not applicable.

 
(h)     

Not applicable.

 

*     

Previously filed as an exhibit to the initial Schedule TO, filed on October 27, 2010.

 
**     

Previously filed as an exhibit to Amendment No. 3 to the Schedule TO, filed on December 6, 2010.

 
***     

Previously filed as an exhibit to Amendment No. 4 to the Schedule TO, filed on December 10, 2010.

 

- 9 -


EX-99.(A)(5)(D) 2 e41236exa5d.htm PRESS RELEASE

Exhibit (a)(5)(D)


Investor Calls
Sean O’Brien
Senior Vice President
Strategy & Communications
(404) 262-8462

 

CORRECTING and REPLACING PGi Announces Final Results of Tender Offer

December 10, 2010

CORRECTION...by Premiere Global Services, Inc.

ATLANTA— Third graph of release should read: Based on the final count by the depositary, a total of 8,221,238 shares of PGi's common stock were properly tendered and not withdrawn in the tender offer at a price at or below $7.25 per share (or by shareholders electing to tender at the ultimate purchase price selected by PGi), including shares tendered at such prices through the conditional exercise of options. (sted Based on the final count by the depositary, a total of 10,276,068 shares of PGi's common stock...)

The corrected release reads:

PGi Announces Final Results of Tender Offer

Company Repurchases Approximately 13.4% of Its Shares Outstanding

Premiere Global Services, Inc. (NYSE: PGI), a global leader in virtual meetings, announced today the final results of its “Dutch auction” tender offer, which expired at 5:00 p.m., New York City time, on Friday, December 3, 2010.

PGi today accepted for purchase 8,104,695 shares of its common stock, including shares tendered through the conditional exercise of options, at a purchase price of $7.25 per share, for a total cost of approximately $58,759,039, excluding fees and expenses relating to the tender offer. Although the original tender offer was for a maximum of $50 million in value of PGi common stock, the total number of shares purchased in the tender offer includes an additional 1,208,144 shares purchased pursuant to PGi’s right to increase the number of shares purchased by no more than 2% of its outstanding shares, without amending or extending the tender offer.

Based on the final count by the depositary, a total of 8,221,238 shares of PGi’s common stock were properly tendered and not withdrawn in the tender offer at a price at or below $7.25 per share (or by shareholders electing to tender at the ultimate purchase price selected by PGi), including shares tendered at such prices through the conditional exercise of options.

Due to the tender offer being oversubscribed, PGi purchased only a prorated portion of the shares properly tendered by each tendering shareholder (other than “odd lot” holders whose shares were purchased on a priority basis) at the final purchase price. PGi has been informed by American Stock Transfer & Trust Company, LLC, the depositary for the tender offer, that the final proration factor for the



tender offer was approximately 98.6%. Payment for the shares accepted for purchase under the tender offer will be made promptly, and all shares tendered and not purchased will be promptly returned.

PGi expects to have approximately 52,259,064 shares of its common stock outstanding immediately following consummation of the tender offer.

PGi is authorized to repurchase additional shares of its common stock from time to time through open market purchases, at prevailing market prices or in privately negotiated or other transactions. PGi’s share repurchase program may be modified or terminated by PGi’s board of directors at any time. Pursuant to Rule 13e-4(f) under the Securities Exchange Act of 1934, as amended, any such additional repurchases by PGi of shares of its common stock shall not occur until after December 17, 2010.

Stephens Inc. served as the dealer manager for the tender offer and American Stock Transfer & Trust Company, LLC served as the depositary. Questions with regard to the tender offer may be directed to Innisfree M&A Incorporated, the information agent for the tender offer, at (888) 750-5834.

About Premiere Global Services, Inc. PGi

PGi is a global leader in virtual meetings. For almost 20 years, we have innovated technologies to empower people to connect, collaborate and come together in more enjoyable and productive ways. Every month, we bring together over 15 million people in nearly 4 million virtual meetings. Headquartered in Atlanta, PGi has a presence in 24 countries worldwide and an established base of greater than 30,000 customers, including 75% of the Fortune 100. For more information, visit us at www.pgi.com.

THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO PURCHASE OR THE SOLICITATION OF AN OFFER TO SELL SHARES OF PGi’s COMMON STOCK. THE TENDER OFFER WAS MADE ONLY PURSUANT TO THE OFFER TO PURCHASE, LETTER OF TRANSMITTAL AND RELATED MATERIALS THAT PGi DISTRIBUTED TO ITS SHAREHOLDERS AND FILED WITH THE SECURITIES AND EXCHANGE COMMISSION. SHAREHOLDERS AND INVESTORS SHOULD READ CAREFULLY THE OFFER TO PURCHASE, LETTER OF TRANSMITTAL AND RELATED MATERIALS BECAUSE THEY CONTAIN IMPORTANT INFORMATION, INCLUDING THE VARIOUS TERMS OF, AND CONDITIONS TO, THE TENDER OFFER.

# # #

Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management’s current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Premiere Global Services, Inc.’s forward-looking statements, including, but not limited to, the following factors: competitive pressures, including pricing pressures; technological changes; the development of alternatives to our services; general domestic and international economic, business or political conditions; risks associated with challenging global economic conditions or a prolonged recession, including customer consolidations,



restructuring, bankruptcies or payment defaults; market acceptance of our new services and enhancements, including iMeet®; our ability to complete acquisitions and successfully integrate acquired operations; concerns regarding the security of sending information over the Internet and public networks; our ability to upgrade our equipment or increase our network capacity; service interruptions; our dependence on telecommunications supply agreements; our increased financial leverage; our dependence on our subsidiaries for cash flow; future write-downs of goodwill or other intangible assets; assessments of income, sales and other taxes for which we have not accrued; our ability to attract and retain key personnel; our ability to protect our proprietary technology and intellectual property rights; our ability to successfully manage the post-sale aspects of the divestiture of our PGiSend business, including any financial effect from the loss of PGiSend revenue or earnings; possible adverse results of pending or future litigation or infringement claims; federal, state or international legislative or regulatory changes, including further government regulations applicable to traditional telecommunications service providers; risks associated with international operations and fluctuations in currency exchange rates; changes in and the successful execution of restructuring and cost reduction initiatives and the market reaction thereto; the effect the tender offer will have on our earnings per share and other factors described from time to time in our press releases, reports and other filings with the SEC, including but not limited to the “Risk Factors” sections of our Annual Report on Form 10-K for the year ended December 31, 2009, our Quarterly Report on Form 10-Q for the quarter ended March 31, 2010 and our Quarterly Report on Form 10-Q for the quarter ended September 30, 2010. All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement.


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