Belk (BLKIA) SC TO-I/A Issuer tender offer statement (amended)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Schedule TO

TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) or 13(e)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Belk, Inc.

(Name of Subject Company (Issuer) and Name of Filing Person (Offeror))

Class A Common Stock, $0.01 Par Value
Class B Common Stock, $0.01 Par Value
(Title of Class of Securities)

Class A — 07784H109
Class B — 07783B103
(CUSIP Number of Class of Securities)

Ralph A. Pitts	With a Copy to:
Executive Vice President, General Counsel and Corporate Secretary Belk, Inc. 2801 West Tyvola Road Charlotte, NC 28217-4500 (704) 357-1000	John D. Capers, Jr. King & Spalding LLP 1180 Peachtree Street Atlanta, GA 30309 (404) 572-4600

(Name, address and telephone numbers of person authorized to
receive notices and communications on behalf of filing persons)

Calculation of Filing Fee

Transaction valuation*	Amount of filing fee
$25,600,000	$1,006.08

*Calculated solely for the purpose of determining the filing fee. This calculation assumes the purchase of 1,000,000 shares at $25.60 per share.

þ	Check the 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:$1,006.08
	Form or Registration Number:Schedule TO
	Filing Party:Belk, Inc.
	Date Filed:April 24, 2008
o	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:
o	third party tender offer subject to Rule 14d-1.
þ	issuer tender offer subject to Rule 13e-4.
o	going-private transaction subject to Rule 13e-3.
o	amendment to Schedule 13D under Rule 13d-2.

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

     This Amendment No. 1 amends and supplements the Tender Offer Statement on Schedule TO (“Schedule TO”) filed with the Securities and Exchange Commission on April 24, 2008 relating to the issuer tender offer of Belk, Inc., a Delaware corporation, in connection with its offer to purchase up to 250,000 shares of its Class A common stock, $0.01 par value per share, and up to 750,000 shares of its Class B common stock, $0.01 par value per share, at a price of $25.60 per share, net to the seller in cash, without interest, upon the terms and subject to the conditions set forth in the Offer to Purchase dated April 24, 2008 and in the related Letter of Transmittal.

     The information contained in the Offer to Purchase, as amended, and the related Letter of Transmittal, are hereby incorporated by reference in response to all items of this Schedule TO, as amended, except that such information is hereby amended and supplemented to the extent specifically provided herein.

Item 11. Additional Information.

     The Offer expired at 12:00 midnight, E.D.T., on May 21, 2008. A total of 520,063 shares of Class A common stock were tendered by 41 stockholders and a total of 352,895 shares of Class B common stock were tendered by 57 stockholders pursuant to the Offer. Effective May 22, 2008, Belk accepted for purchase all of the tendered shares of Class A and Class B common stock at the purchase price of $25.60 per share. As permitted under Rule 13e-4(f) under the Securities Exchange Act of 1934, Belk accepted for payment 270,063 additional shares of Class A common stock, representing 0.57% of the outstanding shares of Class A common stock as of April 11, 2008, which amount is less than 2% of the outstanding shares of Class A stock that was subject to the Offer. The total purchase price for the purchased shares was $22,347,724.80.

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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.

Date: May 27, 2008

Belk, Inc.
By:	/s/ Ralph A. Pitts
	Name:	Ralph A. Pitts
	Title:	Executive Vice President, General Counsel and Corporate Secretary

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INDEX TO EXHIBITS

(a)(1)*	Form of Offer to Purchase, dated April 24, 2008.
(a)(2)*	Form of Letter of Transmittal, together with IRS Form W-9.
(a)(3)*	Form of Letter to Stockholders of Belk from Thomas M. Belk, Jr., Chairman and Chief Executive Officer, dated April 24, 2008.
(a)(4)*	Form of Notice of Guaranteed Delivery.
(a)(5)*	Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees, dated April 24, 2008.
(a)(6)*	Form of Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees to their Clients.
(a)(7)*	Appraiser’s Narrative Summary of the Fair Market Value of Belk, Inc. Common Stock as of February 2, 2008, prepared by Willamette Management Associates.
(b)	Not applicable.
(d)(1)	Belk, Inc. 2000 Incentive Stock Plan (incorporated by reference to Exhibit 10.13 to the Registrant’s Annual Report on Form 10-K, filed on April 28, 2000).
(d)(2)	Belk, Inc. Executive Long Term Incentive Plan (incorporated by reference to Exhibit 10.4 of Belk’s Annual Report on Form 10-K, filed on April 14, 2005).
(d)(3)	Form of Belk, Inc. Executive Transition Incentive Plan Certificate (incorporated by reference to Exhibit 10.1 of Belk’s Current Report on Form 8-K, filed on November 22, 2005).
(d)(4)	Belk, Inc. CFO Incentive Plan (incorporated by reference to Exhibit 10.1.3 of Belk’s Annual Report on Form 10-K, filed on April 13, 2006).
(g)	Not applicable.
(h)	Not applicable.

^*Previously filed with the Schedule TO on April 24, 2008

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