SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13E-3/A
RULE 13e-3 TRANSACTION STATEMENT
UNDER SECTION 13(e) OF THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)
PIERRE FOODS, INC.
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(Name of the Issuer)
Pierre Foods, Inc.
James C. Richardson, Jr.
David R. Clark
James M. Templeton
PF Management, Inc.
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(Names of Persons Filing Statement)
Common Stock, No Par Value Per Share,
and the
Associated Rights to Purchase Junior Participating Preferred Stock, Series A
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(Title of Class of Securities)
720 830 10 8
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(CUSIP Number of Class of Securities)
Ms. Pamela M. Witters Mr. David R. Clark
Chief Financial Officer President
Pierre Foods, Inc. PF Management, Inc.
9990 Princeton Road 361 Second Street, NW
Cincinnati, OH 45246 Hickory, NC 28601
(513) 874-8741 (828) 304-2307
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(Names, Addresses and Telephone Numbers of Persons Authorized to
Receive Notices and Communications on Behalf of
Persons Filing Statement)
Copies to:
Patrick Daugherty, Esq. Garza Baldwin, III, Esq.
Foley & Lardner Womble Carlyle Sandridge
150 West Jefferson Avenue & Rice, PLLC
Suite 1000 3300 One First Union Center
Detroit, MI 48226-4416 Charlotte, NC 28202-6025
(313) 442-6495 (704) 331-4907
This statement is filed in connection with (check the appropriate box):
a. [X] The filing of solicitation materials or an information statement
subject to Regulation 14A, Regulation 14C or Rule 13e-3(c) under the
Securities Exchange Act of 1934.
b. [ ] The filing of a registration statement under the Securities Act of
1933.
c. [ ] A tender offer
d. [ ] None of the above.
Check the following box if the soliciting materials or information statement
referred to in checking box (a) are preliminary copies: [X]
Check the following box if the filing is a final amendment reporting the results
of the transaction: [ ]
CALCULATION OF FILING FEE
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TRANSACTION VALUATION(1) AMOUNT OF FILING FEE(2)
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$2,603,035 $521
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(1) For purposes of calculating the filing fee only. Assumes the exchange
of 2,151,268 shares of common stock, no par value per share, of Pierre
Foods, Inc. for $1.21 per share.
(2) Calculated in accordance with Exchange Act Rule 0-11, this amount is
1/50th of 1% of the value of the securities proposed to be acquired.
[X] Check the box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing with which the offsetting
fee was previously paid. Identify the previous filing by registration
number, or the Form or Schedule and the date of its filing.
Amount Previously Paid: $521
Filing Party: Pierre Foods, Inc.
Form or Registration No.: Preliminary Schedule 14A
Date Filed: May 2, 2001
This Amendment No. 2 to Rule 13e-3 Transaction Statement (this "Statement") is
being filed incident to the filing by Pierre Foods, Inc., a North Carolina
corporation ("Pierre Foods"), with the Securities and Exchange Commission
(the "SEC"), on August 2, 2001, of Schedule 14D-9. Pierre Foods has filed the
Schedule 14D-9 to report receipt of a competing proposal from William E. Simon &
Company and Triton Partners.
Pursuant to General Instruction J to Schedule 13E-3 all previously disclosed
information is omitted.
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ITEM 16. EXHIBITS.
(a)(6) Press Release of Pierre Foods dated August 2, 2001 (incorporated by
reference to Schedule 14D-9 filed by Pierre Foods pursuant to Rule
14d-9 on August 2, 2001.)
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SIGNATURES
After due inquiry and to the best of our knowledge and belief, each of
the undersigned certifies that the information set forth in this Statement is
true, complete and correct.
Dated: August 2, 2001
PIERRE FOODS, INC.
By: /s/ Pamela M. Witters
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Pamela M. Witters
Chief Financial Officer
/s/ James C. Richardson, Jr.
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James C. Richardson, Jr.
/s/ David R. Clark
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David R. Clark
/s/ James M. Templeton
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James M. Templeton
PF MANAGEMENT, INC.
By: /s/ David R. Clark
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David R. Clark
President
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