UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE TO
(Rule 14d-100)
(Amendment No. 1)
TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
| Norstan, Inc. | ||
| (Name of Subject Company (Issuer)) |
| SF Acquisition Co. (offeror) | ||
| a wholly owned subsidiary of | ||
| Black Box Corporation | ||
| (Name of Filing Persons (identifying status as offeror, issuer or other person)) |
| Common Stock, $0.10 par value per share | ||
| Common Stock Purchase Rights | ||
| (Title of Class of Securities) |
| Common Stock: 656535101 | ||
| (CUSIP Number of Classes of Securities) |
| Christopher H. Gebhardt, Esq. General Counsel Black Box Corporation 1000 Park Drive Lawrence, Pennsylvania 15055 (724) 746-5500 (Name, address and telephone number of person authorized to receive notices and communications on behalf of filing person) | Copies to: Ronald Basso, Esq. Buchanan Ingersoll PC One Oxford Centre 301 Grant Street, 20th Floor Pittsburgh, Pennsylvania 15219-1410 (412) 562-8800 |
CALCULATION OF FILING FEE
Transaction Value*$82,882,380.80 | Amount of Filing Fee**$9,755.26 |
| 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:$9,755.26 | Filing Parties:Black Box Corporation and SF Acquisition Co. | |
Form or Registration No.:Schedule TO | Date Filed:December 23, 2004 |
| 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: | ||||
| þ third-party tender offer subject to Rule 14d-1. | ||||
| o issuer tender offer subject to Rule 13e-4. | ||||
| o going-private transaction subject to Rule 13e-3. | ||||
| þ 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:o | ||||
* Estimated for purposes of calculating the amount of the filing fee only. The calculation of the estimated transaction value assumes the purchase of 13,821,679 shares of common stock and associated common stock purchase rights (collectively, the “Shares”), which is the number of Shares outstanding as of December 20, 2004, at the tender offer price of $5.60 per Share. The calculation also assumes payment for (i) 1,268,696 Shares, the estimated number of Shares underlying outstanding in-the-money options, at a price per share equal to the tender offer price of $5.60 less $2.97, the estimated average exercise price of the options, and (ii) 505,733 Shares, the estimated number of Shares underlying outstanding in-the-money warrants, at a price per share equal to the tender offer price of $5.60 less $1.36, the estimated average exercise price of the warrants.
** The amount of the filing fee, calculated in accordance with Fee Rate Advisory No. 6 for fiscal year 2005, equals $117.70
This Amendment No. 1 (this “Amendment”) amends and supplements the Tender Offer Statement on Schedule TO (the “Statement”), originally filed with the Securities and Exchange Commission on December 23, 2004, relating to the offer by SF Acquisition Co., a Minnesota corporation (“Purchaser”) and wholly owned subsidiary of Black Box Corporation, a Delaware corporation (“Black Box” or “Parent”), to purchase all of the issued and outstanding shares of common stock, $0.10 par value per share, of Norstan, Inc., a Minnesota corporation (“Norstan” or the “Company”), including any associated common stock purchase rights issued pursuant to the Amended and Restated Rights Agreement, dated as of April 1, 1998, between Norstan and Norwest Bank Minnesota, National Association, as amended, at a purchase price of $5.60 per share, net to the seller in cash and without interest thereon (and subject to applicable withholding taxes). The terms and conditions of such offer are described in the Offer to Purchase, dated December 23, 2004 (the “Offer to Purchase”), and in the related Letter of Transmittal, copies of which have been filed as Exhibits (a)(1)(A) and (a)(1)(B), respectively, to the Statement. Capitalized terms used and not otherwise defined herein shall have the meanings assigned to such terms in the Offer to Purchase or in the Statement.
Item 11. Additional Information.
Items (a)(2) and (a)(3) of Item 11 are hereby amended and supplemented to include the following:
On January 5, 2005, Black Box issued a press release announcing that early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the Offer was granted on January 4, 2005. A copy of the press release is attached hereto as Exhibit (a)(5)(C) and is incorporated herein by reference.
Item 12. Exhibits.
(a)(5)(C) Press Release dated January 5, 2005.
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.
| Dated: January 5, 2005 | BLACK BOX CORPORATION | |||
| By: | /s/ Michael McAndrew Name: Michael McAndrew Its: Chief Financial Officer | |||