UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE TO
(Rule 14d-100)
TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1) OF THE
SECURITIES EXCHANGE ACT OF 1934
| TODD SHIPYARDS CORPORATION |
(Name of Subject Company (issuer))
| NAUTICAL MILES, INC. |
(Names of Filing Persons (offeror))
| VIGOR INDUSTRIAL LLC |
(Names of Filing Persons (parent of offeror))
| Common Stock, Par Value $0.01 Per Share |
(Title of Class of Securities)
| 889039103 |
(CUSIP Number of Class of Securities)
Frank Foti
Vigor Industrial LLC
5555 N. Channel Ave.
Portland, OR 97217
(800) 505-1930
(Name, address, and telephone numbers of person authorized to receive notices and communications on behalf of filing persons)
With a copy to:
C. Kent Carlson
Kristy T. Harlan
K&L Gates LLP
925 4th Avenue, Suite 2900
Seattle, Washington 98104-1158
(206) 623-7580
CALCULATION OF FILING FEE
Transaction valuation | Amount of Filing Fee | |
Not Applicable | Not Applicable |
¨ 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: N/A
Form or Registration No.: N/A
Filing Party: N/A
Date Filed: N/A
x 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:
x third-party tender offer subject to Rule 14d–1.
¨ issuer tender offer subject to Rule 13e–4.
¨ going-private transaction subject to Rule 13e–3.
¨ 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: [ ]
If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:
¨ Rule 13e–4(i) (Cross-Border Issuer Tender Offer)
¨ Rule 14d–1(d) (Cross-Border Third-Party Tender Offer)
This filing relates solely to preliminary communications made before the commencement of a planned tender offer by Nautical Miles, Inc. (“Purchaser”), a wholly owned subsidiary of Vigor Industrial LLC (“Parent”), for all of the outstanding common stock of Todd Shipyards Corporation (the “Company”), to be commenced pursuant to the Agreement and Plan of Merger, dated December 22, 2010, by and among Parent, Purchaser and the Company.
The exhibit is neither an offer to purchase nor solicitation of an offer to sell securities. The tender offer for the outstanding shares of the Company’s common stock described in this filing has not commenced. At the time the offer is commenced, Purchaser will file a tender offer statement on Schedule TO with the Securities and Exchange Commission (the “SEC”), and the Company will file a solicitation/recommendation statement on Schedule 14D-9, with respect to the offer. The tender offer statement (including an offer to purchase, a related letter of transmittal and other offer documents) and the solicitation/recommendation statement will contain important information that should be read carefully before any decision is made with respect to the tender offer. Those materials will be made available to the Company’s stockholders at no expense to them. In addition, all of those materials (and all other offer documents filed with the SEC) will be available at no charge on the SEC’s website: www.sec.gov.
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EXHIBIT INDEX
Exhibit | Description | |
| 99.1 | Press Release dated December 23, 2010 | |
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