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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE TO/A
TENDER OFFER STATEMENT UNDER SECTION 14(d)(1)
OR SECTION 13(e)(1) OF THE SECURITIES EXCHANGE ACT OF 1934
AMENDMENT NO. 1
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MICROTOUCH SYSTEMS, INC.
(Name of subject company (issuer))
EQUINOX ACQUISITION, INC.
MINNESOTA MINING AND MANUFACTURING COMPANY
(Names of filing persons (offerors))
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COMMON STOCK, PAR VALUE $0.01 PER SHARE
Including the Associated Preferred Stock Purchase Rights
(Title of Class of Securities)
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595145 103
(CUSIP Number of Class of Securities)
Gregg M. Larson, Esq.
Assistant General Counsel,
Assistant Secretary
Minnesota Mining and Manufacturing Company
3M Center
St. Paul, Minnesota 55144
(651) 733-2204
(Name, address and telephone number of person
authorized to receive notices and
communications on behalf of filing persons)
COPIES TO:
John T. Kramer, Esq.
Dorsey & Whitney LLP
220 South Sixth Street
Minneapolis, Minnesota 55402
Telephone: (612) 340-2600
CALCULATION OF FILING FEE
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TRANSACTION VALUATION* AMOUNT OF FILING FEE**
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$173,193,489.00 $34,638.70
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* For purposes of calculating the filing fee only, this calculation assumes
the purchase of 8,247,309 shares of common stock of MicroTouch Systems,
Inc., including the associated preferred stock purchase rights (together,
the "Shares") at the tender offer price of $21.00 per Share. The Shares
include both 6,491,823 outstanding shares of common stock and 1,755,486
outstanding options.
** The amount of the filing fee, calculated in accordance with Rule 0-11 of the
Securities Exchange Act of 1934, as amended, equals 1/50 of 1% of the
transaction valuation.
[X] 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:....$173,193,489.00
Filing Party:..............Equinox Acquisition, Inc. and
Minnesota Mining and Manufacturing Company
Form or Registration No.:...Schedule TO
Date Filed:.................November 17, 2000
[ ] Check the box if the filing relates 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: [ ]
This Amendment No. 1 amends and supplements the Tender Offer Statement
on Schedule TO (as amended and supplemented, the "Schedule TO") filed with the
Securities and Exchange Commission on November 17, 2000 by Equinox Acquisition,
Inc., a Massachusetts corporation (the "Purchaser") and a wholly owned
subsidiary of Minnesota Mining and Manufacturing Company, a Delaware corporation
("Parent"). The Schedule TO relates to the offer by the Purchaser to purchase
all the outstanding shares of common stock, par value $0.01 per share (the
"Common Stock"), of MicroTouch Systems, Inc., a Massachusetts corporation (the
"Company"), including the associated preferred stock purchase rights (the
"Rights"), issued pursuant to the Rights Agreement, dated as of January 19,
1996, between the Company and The First National Bank of Boston, as Rights Agent
(the Common Stock and the Rights together are referred to herein as the
"Shares") at a purchase price of $21.00 per Share, net to the seller in cash,
without interest thereon, upon the terms and subject to the conditions set forth
in the Offer to Purchase dated November 17, 2000 (the "Offer to Purchase"), and
in the related Letter of Transmittal, copies of which are filed with this
Schedule TO as Exhibits (a)(1)(A) and (a)(1)(B), respectively. This Amendement
No. 1 to Schedule TO is being filed on behalf of the Purchaser and Parent.
ITEM 11. ADDITIONAL INFORMATION.
The following paragraph is added immediately before the sub-heading
"Registration Rights" on page 34 of the Offer to Purchase:
Current SEC rules prohibit Parent, Purchaser or any of their
affiliates from directly or indirectly purchasing or arranging
to purchase any Common Stock of the Company except as part of
the tender offer. This prohibition applies until the tender
offer expires. Parent does not intend to exercise the Option
at a time that would cause Parent to fail to comply with the
aforementioned prohibition.
ITEM 12. EXHIBITS.
Exhibit
Number Description
*(a)(1)(A) -- Offer to Purchase dated November 17, 2000.
*(a)(1)(B) -- Letter of Transmittal.
*(a)(1)(C) -- Notice of Guaranteed Delivery.
*(a)(1)(D) -- Letter to Brokers, Dealers, Banks, Trust Companies and Other
Nominees.
*(a)(1)(E) -- Letter to Clients for use by Brokers, Dealers, Banks,
Trust Companies and Other Nominees.
*(a)(1)(F) -- Guidelines for Certification of Taxpayer Identification Number on
Substitute Form W-9.
*(a)(1)(G) -- Press Release issued by Parent on November 13, 2000 and Press
Release issued by the Company on November 13, 2000.
*(a)(1)(H) -- Summary Advertisement published November 17, 2000.
*(d)(1) -- Agreement and Plan of Merger, dated as of November 13, 2000, among
Parent, the Purchaser and the Company.
*(d)(2) Shareholders Agreement, dated November 13, 2000, among Parent, the
Purchaser and certain officers and directors of the Company.
*(d)(3) Stock Option Agreement, dated November 13, 2000, between Parent
and the Company.
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*Previously filed
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SIGNATURES
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.
EQUINOX ACQUISITION, INC.
By: /s/ J.L. Yeomans
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Name: J.L. Yeomans
Title: Treasurer
MINNESOTA MINING AND MANUFACTURING COMPANY
By: /s/ J.L. Yeomans
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Name: J.L. Yeomans
Title: Vice President and Treasurer
Dated: November 30, 2000
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INDEX TO EXHIBITS
Exhibit
Number Document
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*(a)(1)(A) Offer to Purchase dated November 17, 2000.
*(a)(1)(B) Letter of Transmittal.
*(a)(1)(C) Notice of Guaranteed Delivery.
*(a)(1)(D) Letter to Brokers, Dealers, Banks, Trust Companies and Other
Nominees.
*(a)(1)(E) Letter to Clients for use by Brokers, Dealers, Banks, Trust
Companies and Other Nominees.
*(a)(1)(F) Guidelines for Certification of Taxpayer Identification Number
on Substitute Form W-9.
*(a)(1)(G) Press Release issued by Parent on November 13, 2000; Press
Release issued by the Company on November 13, 2000.
*(a)(1)(H) Summary Advertisement published November 17, 2000.
*(b) Not applicable.
*(d)(1) Agreement and Plan of Merger, dated as of November 13, 2000,
among Parent, the Purchaser and the Company.
*(d)(2) Shareholders Agreement, dated November 13, 2000, among Parent,
the Purchaser and certain officers and directors of the
Company.
*(d)(3) Stock Option Agreement, dated November 13, 2000, between
Parent and the Company.
*(g) Not applicable.
*(h) Not applicable.
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*Previously filed
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