-----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, R4+vZoKVW0NSa794yqbo/qPZ8tn/v1Ssz07H2fc9G02+u3Uqz9ESfyuqgAmCNGul Ivw8NDFFRLaPsS4bv9oM8g== 0000895345-02-000295.txt : 20020520 0000895345-02-000295.hdr.sgml : 20020520 20020520082344 ACCESSION NUMBER: 0000895345-02-000295 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020520 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ICN PHARMACEUTICALS INC CENTRAL INDEX KEY: 0000930184 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 330628076 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-11397 FILM NUMBER: 02657031 BUSINESS ADDRESS: STREET 1: 3300 HYLAND AVE CITY: COSTA MESA STATE: CA ZIP: 92626 BUSINESS PHONE: 7145450100 MAIL ADDRESS: STREET 1: 3300 HYLAND AVE CITY: COSTA MESA STATE: CA ZIP: 92626 FORMER COMPANY: FORMER CONFORMED NAME: ICN MERGER CORP DATE OF NAME CHANGE: 19940915 DEFA14A 1 jbdefa14a40.txt SCHEDULE 14A INFORMATION Proxy Statement Pursuant To Section 14(a) Of The Securities Exchange Act Of 1934 Filed by the Registrant [X] Filed by a Party other than the Registrant [_] Check the appropriate box: [_] Preliminary Proxy Statement [_] CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE 14A-6(E)(2)) [_] Definitive Proxy Statement [X] Definitive Additional Materials [_] Soliciting Material Pursuant to Section 240.14a-12 ICN Pharmaceuticals, Inc. -------------------------------------------------------- (Name of Registrant as Specified in its Charter) N/A -------------------------------------------------------- (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): [X] No fee required. [_] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11. (1) Title of each class of securities to which transaction applies: ------------------------------------------------------------------- (2) Aggregate number of securities to which transaction applies: ------------------------------------------------------------------- (4) Proposed maximum aggregate value of transaction: ------------------------------------------------------------------- (5) Total fee paid: ------------------------------------------------------------------- [_] Fee paid previously with preliminary materials. [_] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: ------------------------------------------------------------------- (2) Form, Schedule or Registration Statement No.: ------------------------------------------------------------------- (3) Filing Party: ------------------------------------------------------------------- (4) Date Filed: ------------------------------------------------------------------- Following is the text of a presentation to ICN Pharmaceuticals, Inc. stockholders entitled "Providence/Denton Track Record." This presentation is intended to supersede and replace previous versions of a similar presentation with the same title. Stockholders should review the text of this presentation instead of the prior versions. Information ICN Stockholders May Want to Consider PROVIDENCE/DENTON* TRACK RECORD** [Bar Graph Omitted] o 5 of 9 companies bankrupt Stock Price o Approximate date of Providence/ Denton's Initial Involvement o Current: 5/14/02 Standard Brands 4/29/91 $72.50 $ 0.00(1) California Microwave 11/8/96 $14.50 $ 0.00(1) Chic (Durango) 1/13/98 $ 7.06 $ 0.00(1) Iwerks 3/17/98 $10.94 $ 0.63(2) Ogden (Covanta) 4/27/98 $29.50 $ 0.00(1) Great Lakes 2/15/99 $35.75 $26.70 AP Pharma 4/22/99 $ 5.38 $ 2.27 Baldwin Piano 9/3/99 $8.13 $0.00(1) USG 5/10/00 $41.81 $ 6.95 Notes: (1) Company entered into bankruptcy (2) Acquired 1/10/02 Source: FactSet and Bloomberg Don't put ICN in the red column VOTE THE GOLD CARD FOR ICN * Providence Capital, Inc., of which Herbert A. Denton is President, is acting as financial adviser to Franklin Mutual Advisers, LLC and Iridian Asset Management LLC in connection with their nomination of three directors for election at ICN's 2002 Annual Meeting of Stockholders. Providence was also a member of the ICN Committee to Maximize Shareholder Value, which nominated three directors who were elected at ICN's 2001 Annual Meeting of Stockholders. ** Includes nine companies in which Providence made an investment or Providence or stockholders on whose behalf it was acting sought to influence management out of 28 such companies identified by ICN, based on publicly available information. These nine companies were selected because these companies experienced the worst performance among the 28 companies following Providence's investment or other involvement. This graph should not be read to imply that Providence's investment or other involvement was the cause of the decline in stock price, but rather that Providence's investment or other involvement does not appear to have created shareholder value. -----END PRIVACY-ENHANCED MESSAGE-----