This Tender Offer Statement on Schedule TO (together with any amendments and supplements hereto, this “Schedule TO”) relates to the offer by Strategic Investment Opportunities LLC, a Delaware limited liability company (the “Purchaser”), an affiliate of MediaNews Group, Inc., a Delaware corporation (“MNG”), to purchase up to 8,925,815 shares (the “Shares”) of common stock, par value $0.001 per share (the “Common Stock”), of Monster Worldwide, Inc., a Delaware corporation (“Monster” or the “Company”), at a price of $3.70 per Share, net to the seller, in cash (the “Offer Price”), without interest, less any applicable withholding taxes, upon the terms and subject to the conditions set forth in the offer to purchase, dated October 25, 2016 (together with any amendments and supplements thereto, the “Offer to Purchase”), a copy of which is attached as Exhibit (a)(1)(A), and in the related letter of transmittal (together with any amendments and supplements thereto, the “Letter of Transmittal”), a copy of which is attached as Exhibit (a)(1)(B), which, together with any amendments or supplements hereto and thereto, collectively constitute the “Offer.”
All the information set forth in the Offer to Purchase, including Schedule I thereto, is incorporated by reference herein in response to Items 1 through 9 and Item 11 of this Schedule TO, and is supplemented by the information specifically provided in this Schedule TO.
Item 1.
Summary Term Sheet.
The information set forth in the “Summary Term Sheet” of the Offer to Purchase is incorporated herein by reference.
Item 2.
Subject Company Information.
(a) The name of the subject company is Monster Worldwide, Inc., a Delaware corporation, and the address of its principal executive office is 133 Boston Post Road, Building 15, Weston, Massachusetts 02493. The telephone number of its principal executive office is (978) 461-8000.
(b) This Schedule TO relates to the Shares. As of October 14, 2016, there were 89,258,147 shares of Common Stock issued and outstanding.
(c) The information set forth in the Offer to Purchase under the caption Section 6 — “Price Range of the Shares” is incorporated herein by reference.
Item 3.
Identity and Background of Filing Person.
(a), (b), (c) The names of the filing persons are Strategic Investment Opportunities LLC, a Delaware limited liability company, MediaNews Group, Inc., a Delaware corporation, and MNG Enterprises, Inc., a Delaware corporation. For each filing person, the address of the principal executive office is 101 W. Colfax Avenue, Suite 1100, Denver, Colorado, 80202 and the telephone number of the principal executive office is (408) 920-5999. The information set forth in the Offer to Purchase under the caption Section 9 — “Certain Information Concerning the Purchaser” and Schedule I to the Offer to Purchase is incorporated herein by reference.
Item 4.
Terms of the Transaction.
(a) The information set forth in the Offer to Purchase is incorporated herein by reference.
Item 5.
Past Contacts, Transactions, Negotiations and Agreements.
(a), (b) The information set forth in the Offer to Purchase under the captions “Summary Term Sheet,” “Introduction,” Section 9 — “Certain Information Concerning the Purchaser,” Section 11 — “Background of the Offer; Past Contacts; Negotiations and Transactions” and Section 12 — “Purpose of the Offer; Plans for Monster; Other Matters” is incorporated herein by reference.
Item 6.
Purposes of the Transaction and Plans or Proposals.
(a) The information set forth in the Offer to Purchase under the captions “Summary Term Sheet” and Section 12 — “Purpose of the Offer; Plans for Monster; Other Matters” is incorporated herein by reference.