EXHIBIT 99.(A)(1)(C)
Notice of Guaranteed Delivery
for Tender of Shares of Common Stock and
Associated Preferred Stock Purchase Rights
of
GIANT GROUP, LTD.
As set forth in the Offer to Purchase (as defined below) under the caption
"The Offer--Procedure for Tendering Shares," this form or one substantially
equivalent hereto must be used to accept the Offer (as defined below) if
certificates for shares of Common Stock, par value $0.01 per share, and
associated Preferred Stock Purchase Rights, of GIANT GROUP, LTD., a Delaware
corporation (the "Company"), are not immediately available, or if the
procedure for book-entry transfer cannot be completed on a timely basis or
time will not permit all required documents to reach the Depositary at the
address set forth below on or prior to the Expiration Date (as defined in the
Offer to Purchase).
This form may be delivered by hand or transmitted by telegram, facsimile
transmission or mail to the Depositary and must include a guarantee by an
Eligible Institution (as defined in the Offer to Purchase). See the
information set forth in the Offer to Purchase under the caption "The Offer--
Procedure for Tendering Shares."
The Depositary for the Offer is:
American Stock Transfer & Trust Company
By Mail: By Facsimile Transmission: By Hand Delivery:
59 Maiden Lane (718) 331-1852 59 Maiden Lane
New York, New York 10038 New York, New York 10038
Attention Reorganization Attention: Reorganization
Department Department
For Telephone Assistance:
(718) 921-8200
Delivery of this Instrument to an address other than as set forth above, or
transmission of instructions via facsimile to a number, other than as set
forth above, does not constitute a valid delivery.
This form is not to be used to guarantee signatures. if a signature on a
Letter of Transmittal is required to be guaranteed by an "Eligible
Institution" under the instructions thereto, such signature guarantee must
appear in the applicable space provided in the signature box on the Letter of
Transmittal.
Ladies and Gentlemen:
The undersigned hereby tenders to GIANT GROUP, LTD., a Delaware corporation
(the "Purchaser"), upon the terms and subject to the conditions set forth in
the Purchaser's Offer to Purchase dated April 19, 2001 (the "Offer to
Purchase"), and the related Letter of Transmittal (which, together with any
amendments or supplements thereto, collectively constitute the "Offer"),
receipt of which is hereby acknowledged, the number of Shares (as such term is
defined in the Offer to Purchase) set forth below, all pursuant to the
guaranteed delivery procedures set forth in the Offer to Purchase under the
caption "The Offer--Procedure for Tendering Shares."
Number of Shares:
____________________________________________________________________________
Certificate No.(s) (if available):
____________________________________________________________________________
____________________________________________________________________________
If Share(s) will be tendered by book-entry transfer, check the following
box: [_]
American Transfer & Trust Company
Account Number:
____________________________________________________________________________
Dated:
____________________________________________________________________________
Name(s) of Record Holder(s):
____________________________________________________________________________
____________________________________________________________________________
(Please Print)
Address(es):
____________________________________________________________________________
____________________________________________________________________________
(Zip Code)
Area Code and Telephone Number(s):
____________________________________________________________________________
Signature(s):
____________________________________________________________________________
____________________________________________________________________________
THE GUARANTEE BELOW MUST BE COMPLETED
GUARANTEE
(not to be used for a signature guarantee)
The undersigned, a participant in the Security Transfer Agent's
Medallion Program, the New York Stock Exchange Medallion Signature
Guarantee Program or the Stock Exchange Medallion Program, hereby
guarantees to deliver to the Depositary either the certificates
representing the Shares tendered hereby, in proper form for transfer, or a
Book-Entry Confirmation with respect to such Shares, in any such case
together with a properly completed and duly executed Letter of Transmittal
(or facsimile thereof), with any required signature guarantees, and any
other required documents within three trading days (as defined in the Offer
to Purchase) after the date hereof.
The Eligible Institution that completes this form must communicate the
guarantee to the Depositary and must deliver such Letter of Transmittal and
such certificates for Shares, or such Book-Entry Confirmation, to the
Depositary within the time period shown herein. Failure to do so could
result in a financial loss to such Eligible Institution. All capitalized
terms used herein have the meanings set forth in the Offer to Purchase.
____________________________________ ____________________________________
Name of Firm Authorized Signature
____________________________________ ____________________________________
Title
____________________________________ ____________________________________
Address Name
____________________________________ ____________________________________
Area Code and Telephone Number (Please type or print)
Dated: ____________________, 2001
NOTE: DO NOT SEND CERTIFICATES FOR SHARES WITH THIS NOTICE OF GUARANTEED
DELIVERY. CERTIFICATES FOR SHARES SHOULD BE SENT WITH YOUR LETTER OF
TRANSMITTAL.