This Amendment No. 12, filed on behalf of Sagard Capital Partners, L.P., a Delaware limited partnership (“Sagard”), Sagard Capital Partners GP, Inc., a Delaware corporation (“GP”), and Sagard Capital Partners Management Corp., a Delaware corporation (“Manager” and together with Sagard and GP, the “Reporting Persons”), amends and supplements the Schedule 13D (the “Schedule 13D”) filed by the Reporting Persons with the Securities and Exchange Commission (the “SEC”) on March 10, 2008, as heretofore amended, relating to the Common Stock, par value $0.10 per share (the “Shares”), of X-RITE, INCORPORATED, a Michigan corporation (the “Issuer”).
Item 4. Purpose of the Transaction.
Item 4 is hereby amended to include the following:
Pursuant to the Tender and Support Agreement (the “Support Agreement”) dated April 10, 2012 by and among Sagard, Danaher Corporation, a Delaware corporation (“Parent”) and Termessos Acquisition Corp., a Michigan corporation and a wholly-owned subsidiary of Parent (“Merger Sub”), Sagard tendered 7,917,898 of the Shares beneficially owned by Sagard (the “Subject Shares”) to Merger Sub on April 30, 2012 in connection with the cash tender offer (the “Tender Offer”) made by Merger Sub for all of the Issuer’s outstanding Shares.
On May 9, 2012, Sagard tendered an additional 5,391,867 Shares to Merger Sub in the Tender Offer.
The tendered Shares were accepted for payment and the Merger was consummated on May 15, 2012.
Pursuant to the Merger Agreement, all remaining Shares held by the Reporting Persons were converted into the right to receive cash at $5.55 per share. For a more detailed description of the Merger Agreement, please see the Current Report on Form 8-K filed by the Issuer on April 11, 2012.
The Reporting Persons no longer beneficially own any Shares. This is the final amendment to this Schedule 13D, and an exit filing for the Reporting Persons.
Item 5. Interest in Securities of the Issuer.
Items 5(a) - (e) are hereby amended and restated in their entirety as follows:
(a) As a result of the completion of the Tender Offer by Merger Sub and the consummation of the Merger on May 15, 2012, the Reporting Persons no longer hold any securities of the Issuer.
(b) As a result of the completion of the Tender Offer by Merger Sub and the consummation of the Merger on May 15, 2012, the Reporting Persons no longer hold any securities of the Issuer.
(c) Except as disclosed in Item 4, none of the Reporting Persons has effected any transaction in the Shares during the past 60 days.
(d) Not applicable.
(e) As a result of the completion of the Tender Offer by Merger Sub and the consummation of the Merger on May 15, 2012, the Reporting Persons no longer hold any securities of the Issuer.