SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14D-9/A
Solicitation/Recommendation Statement under Section 14(d)(4) of the
Securities Exchange Act of 1934
(Amendment No. 4)
Avocent Corporation
(Name of Subject Company)
Avocent Corporation
(Name of Person(s) Filing Statement)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
053893103
(CUSIP Number of Class of Securities)
Samuel F. Saracino
Executive Vice President of Legal and Corporate Affairs,
General Counsel, and Secretary
Avocent Corporation
4991 Corporate Dr.
Huntsville, Alabama 35805
(256) 430-4000
(Name, address and telephone number of person
authorized to receive notices and communications on
behalf of the person(s) filing statement)
With copies to:
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Patrick J. Schultheis, Esq.
Wilson Sonsini Goodrich & Rosati
Professional Corporation
701 Fifth Avenue
Suite 5100
Seattle, Washington 98104
(206) 883-2500
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Michael S. Ringler, Esq.
Wilson Sonsini Goodrich & Rosati
Professional Corporation
One Market Street
Spear Tower, Suite 3300
San Francisco, California 94105
(415) 947-2000 |
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Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. |
This Amendment No. 4 amends and supplements the Solicitation/Recommendation Statement on Schedule
14D-9 initially filed with the Securities and Exchange Commission (the SEC) on October 15, 2009,
as amended by Amendment No. 1 filed on October 16, 2009, Amendment No. 2 filed on October 29, 2009
and Amendment No. 3 filed on November 10, 2009 (as previously filed with the SEC, and as the same
may further be amended or supplemented from time to time, the Schedule 14D-9) by Avocent
Corporation, a Delaware corporation (the Company), relating to the offer (the Offer) by Globe
Acquisition Corporation, a Delaware corporation (Purchaser) and a wholly-owned subsidiary of
Emerson Electric Co., a Missouri corporation (Parent), as set forth in a Tender Offer Statement
filed by Parent and Purchaser on Schedule TO dated October 15, 2009, as amended by Amendment No. 1
filed on October 28, 2009 and Amendment No. 2 filed on November 10, 2009 (as previously filed with
the SEC, and as the same may be further amended or supplemented from time to time, the Schedule
TO), to purchase all outstanding shares of common stock, par value $0.001 per share (the
Shares), of the Company, upon the terms and subject to the conditions set forth in the Offer to
Purchase, dated October 15, 2009 and in the related Letter of Transmittal, copies of which are
filed with the Schedule TO as Exhibits (a)(1) and (a)(2), respectively. Any capitalized term used
and not otherwise defined herein shall have the meaning ascribed to such term in the Schedule
14D-9.
All information in the Schedule 14D-9 is incorporated into this Amendment No. 4 by reference,
except that such information is hereby amended to the extent specifically provided herein.
This Amendment No. 4 is being filed to reflect certain updates as reflected below.
Item 8. Additional Information.
The twelfth paragraph of Item 8, under the section captioned Ireland, is hereby amended and
supplemented by the addition of the following sentences at the end of such paragraph:
On November 12, 2009, the Authority informed Parent of its determination that the Merger may
proceed. Accordingly, the condition to the Offer relating to the issuance of clearance or the
expiration or termination of the waiting period under the Irish Competition Act, 2002, has been
satisfied.
Item 8 of the Schedule 14D-9 is hereby further amended and supplemented with the addition of the
following paragraph at the end of Item 8:
Extension of the Offer. On November 13, 2009, Parent announced that Purchaser had extended
the Offer, upon the terms and conditions set forth in the Offer to Purchase, as amended, until 5:00
p.m. Eastern Standard Time (EST), on Monday, November 30, 2009. The Offer had been previously
scheduled to expire at 12:00 Midnight, EST, at the end of the day on November 12, 2009. The
depositary for the Offer has advised Parent that, as of 12:00
Midnight, EST, at the end of the day on November 12, 2009, a total
of approximately 42.0 million Shares (representing approximately
94% of the outstanding Shares) had
been tendered and not withdrawn, including 5.1 million Shares
tendered pursuant to a notice of guaranteed delivery. A copy of the press release issued by Parent extending the
Offer is filed as Exhibit (a)(8) hereto and is incorporated by reference.
Item 9. Materials to be Filed as Exhibits.
Item 9 of the Schedule 14D-9 is hereby supplemented by adding the following exhibit:
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Exhibit |
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Number |
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Description |
(a)(8)
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Press Release issued by Emerson Electric Co. on November 13, 2009. |
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