1
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
(Amendment No. )
CompUSA INC.
(Name of Subject Company (Issuer))
TPC ACQUISITION CORP.
and
GRUPO SANBORNS, S.A. DE C.V.
(Names of Filing Persons (Offerors))
Common Stock, $.01 Per Share Par Value
(Including the Associated Rights to Purchase Common Stock)
(Title of Class of Securities)
209432107
(CUSIP Number of Class of Securities)
Rafael Robles Miaja
Frank, Galicia, Duclaud y Robles, S.C.
Torre Optima
Tercer Piso
Avenida Paseo de las Palmas 405
Colonia: Lomas de Chapultepec
D.F. 11000
Mexico
011-525-540-9225
Copies to:
Daniel S. Sternberg, Esq.
Jorge Juantorena, Esq.
Cleary, Gottlieb, Steen & Hamilton
One Liberty Plaza
New York, NY 10006
(212) 225-2000
(Name, Address and Telephone Numbers of Person
Authorized to Receive Notices and Communications on Behalf of Filing Persons)
2
CALCULATION OF FILING FEE
- ----------------------------------------------------------- ---------------------------------------------------------
Transaction Valuation* $829,478,607.90 Amount of Filing Fee**165,895.72
- ----------------------------------------------------------- ---------------------------------------------------------
* For purposes of calculating the filing fee pursuant to Rule 0-11(d), the
Transaction Valuation was calculated on the basis of (i) 92,693,889 shares
of common stock, par value $.01 per share of CompUSA Inc. (the "Common
Stock"), including the associated Common Stock purchase rights (the
"Rights" and together with the Common Stock, the "Shares") (13,750,000 of
which are beneficially owned by the Filing Persons), (ii) the tender offer
price of $10.10 per Share, and (iii) 13,820,871 options or rights to
acquire Shares with an aggregate value of $32,145,329.00.
** The filing fee, calculated in accordance with Rule 0-11 of the Securities
Exchange Act of 1934, is 1/50th of one percent of the aggregate Transaction
Valuation.
[ ] 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: Filing Party:
Form or Registration No.: Date Filed:
[ ] 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.
[X] 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: [ ]
3
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CUSIP No. 209432107 Page 2 of 15 Pages
- ------------------------------- -------------------------------------
- ------------- -----------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Carlos Slim Helu
- ------------- -----------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[_]
(b)[_]
- ------------- -----------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- -----------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC (See Item 3)
- ------------- -----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_]
- ------------- -----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Mexico
- -------------------------- ----------- ----------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
- -------------------------- ----------- ----------------------------------------------------------------------------------
BENEFICIALLY OWNED BY 8 SHARED VOTING POWER
13,750,000 (See Items 5(b) and (d))
- -------------------------- ----------- ----------------------------------------------------------------------------------
EACH REPORTING PERSON 9 SOLE DISPOSITIVE POWER
- -------------------------- ----------- ----------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
13,750,000 (See Items 5(b) and (d))
- -------------------------- ----------- ----------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,750,000 (See Item 5(a))
- ------------- -----------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- ------------- -----------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) [X]
14.8%
- ------------- -----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ------------- -----------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
4
- ------------------------------- -------------------------------------
CUSIP No. 209432107 Page 3 of 15 Pages
- ------------------------------- -------------------------------------
- ------------- -----------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Carlos Slim Domit
- ------------- -----------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[_]
(b)[_]
- ------------- -----------------------------------------------------------------------------------------------------------
3
SEC USE ONLY
- ------------- -----------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC (See Item 3)
- ------------- -----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_]
- ------------- -----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Mexico
- -------------------------- ----------- ----------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
- -------------------------- ----------- ----------------------------------------------------------------------------------
BENEFICIALLY OWNED BY 8 SHARED VOTING POWER
13,750,000 (See Items 5(b) and (d))
- -------------------------- ----------- ----------------------------------------------------------------------------------
EACH REPORTING PERSON 9 SOLE DISPOSITIVE POWER
- -------------------------- ----------- ----------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
13,750,000 (See Items 5(b) and (d))
- ------------- -----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,750,000 (See Item 5(a))
- ------------- -----------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
- ------------- -----------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) [X]
14.8%
- ------------- -----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ------------- -----------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
5
- ------------------------------- -------------------------------------
CUSIP No. 209432107 Page 4 of 15 Pages
- ------------------------------- -------------------------------------
- ------------- -------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Marco Antonio Slim Domit
- ------------- -------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[_]
(b)[_]
- ------------- -------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- -------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC (See Item 3)
- ------------- -------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_]
- ------------- -------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Mexico
- -------------------------- ----------- ------------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
- -------------------------- ----------- ------------------------------------------------------------------------------------
BENEFICIALLY OWNED BY 8 SHARED VOTING POWER
13,750,000 (See Items 5(b) and (d))
- -------------------------- ----------- ------------------------------------------------------------------------------------
EACH REPORTING PERSON 9 SOLE DISPOSITIVE POWER
- -------------------------- ----------- ------------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
13,750,000 (See Items 5(b) and (d))
- ------------- -------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,750,000 (See Item 5(a))
- ------------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X]
- ------------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.8%
- ------------- -------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ------------- -------------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
6
- ------------------------------- -------------------------------------
CUSIP No. 209432107 Page 5 of 15 Pages
- ------------------------------- -------------------------------------
- ------------- -----------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Patrick Slim Domit
- ------------- -----------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[_]
(b)[_]
- ------------- -----------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------ -----------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC (See Item 3)
- ------------- -----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_]
- ------------- -----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Mexico
- -------------------------- ----------- ----------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
- -------------------------- ----------- ----------------------------------------------------------------------------------
BENEFICIALLY OWNED BY 8 SHARED VOTING POWER
13,750,000 (See Items 5(b) and (d))
- -------------------------- ----------- ----------------------------------------------------------------------------------
EACH REPORTING PERSON 9 SOLE DISPOSITIVE POWER
- -------------------------- ----------- ----------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
13,750,000 (See Items 5(b) and (d))
- ------------- -----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,750,000 (See Item 5(a))
- ------------- -----------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X]
- ------------- -----------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.8%
- ------------- -----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ------------- -----------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
7
- ------------------------------- -------------------------------------
CUSIP No. 209432107 Page 6 of 15 Pages
- ------------------------------- -------------------------------------
- ------------- ----------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Maria Soumaya Slim Domit
- ------------- ----------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[_]
(b)[_]
- ------------- ----------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ----------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC (See Item 3)
- ------------- ----------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_]
- ------------- ----------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Mexico
- -------------------------- ----------- ---------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
- -------------------------- ----------- ---------------------------------------------------------------------------------
BENEFICIALLY OWNED BY 8 SHARED VOTING POWER
13,750,000 (See Items 5(b) and (d))
- -------------------------- ----------- ---------------------------------------------------------------------------------
EACH REPORTING PERSON 9 SOLE DISPOSITIVE POWER
- -------------------------- ----------- ---------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
13,750,000 (See Items 5(b) and (d))
- ------------- ----------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,750,000 (See Item 5(a))
- ------------- ----------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X]
- ------------- ----------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.8%
- ------------- ----------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ------------- ----------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
8
- ------------------------------- -------------------------------------
CUSIP No. 209432107 Page 7 of 15 Pages
- ------------------------------- -------------------------------------
- ------------- ---------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Vanessa Paola Slim Domit
- ------------- ---------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[_]
(b)[_]
- ------------- ---------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- ------------- ---------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC (See Item 3)
- ------------- ---------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_]
- ------------- ---------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Mexico
- -------------------------- ----------- --------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
- -------------------------- ----------- --------------------------------------------------------------------------------
BENEFICIALLY OWNED BY 8 SHARED VOTING POWER
13,750,000 (See Items 5(b) and (d))
- -------------------------- ----------- --------------------------------------------------------------------------------
EACH REPORTING PERSON 9 SOLE DISPOSITIVE POWER
- -------------------------- ----------- --------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
13,750,000 (See Items 5(b) and (d))
- ------------- ---------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,750,000 (See Item 5(a))
- ------------- ---------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X]
- ------------- ---------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.8%
- ------------- ---------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ------------- ---------------------------------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
9
- ------------------- ------------------
CUSIP No. 209432107 Page 8 of 15 Pages
- ------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Johanna Monique Slim Domit
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC (See Item 3)
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Mexico
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
- --------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 13,750,000 (See Items 5(b) and (d))
- --------------------------------------------------------------------------------
EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
- --------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
13,750,000 (See Items 5(b) and (d))
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,750,000 (See Item 5(a))
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [X]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.8%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
10
- ------------------- ------------------
CUSIP No. 209432107 Page 9 of 15 Pages
- ------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Grupo Carso, S.A. de C.V.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC (See Item 3)
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Mexico
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
- --------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 13,750,000 (See Items 5(b) and (d))
- --------------------------------------------------------------------------------
EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
- --------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
13,750,000 (See Items 5(b) and (d))
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,750,000 (See Item 5(a))
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [X]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.8%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO, HC
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
11
- ------------------- -------------------
CUSIP No. 209432107 Page 10 of 15 Pages
- ------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Grupo Sanborns, S.A. de C.V.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Mexico
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
- --------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 13,750,000 (See Items 5(b) and (d))
- --------------------------------------------------------------------------------
EACH REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
- --------------------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
13,750,000 (See Items 5(b) and (d))
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,750,000 (See Item 5(a))
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [X]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.8%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO,HC
- --------------------------------------------------------------------------------
* SEE INSTRUCTIONS BEFORE FILLING OUT!
12
- ------------------- -------------------
CUSIP No. 209432107 Page 11 of 15 Pages
- ------------------- -------------------
This Tender Offer Statement on Schedule TO (this "Schedule
TO") relates to the offer by TPC Acquisition Corp. ("Purchaser"), a Delaware
corporation and a wholly-owned subsidiary of Grupo Sanborns, S.A. de C.V., a
corporation organized under the laws of the United Mexican States ("Parent"), to
purchase all the outstanding shares of common stock, par value $.01 per share
(the "Common Stock"), of CompUSA Inc,. a Delaware corporation (the "Company")
including the associated Common Stock purchase rights (the "Rights" and,
together with the Common Stock, the "Shares"), which are not owned by Parent or
its affiliates, at a purchase price of $10.10 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 February 1, 2000 (the "Offer to Purchase")
and in the related Letter of Transmittal (which, together with any amendments or
supplements thereto, collectively constitute the "Offer") which are annexed to
and filed with this Schedule TO as Exhibits (a)(1)(A) and (a)(1)(B),
respectively. This Schedule TO is being filed on behalf of Purchaser and Parent.
Although not a Filing Person, information regarding Telefonos
de Mexico, S.A. de C.V. ("Telmex") has been included in this Schedule TO that
would be required to be included if Telmex were a "bidder" in connection with
the Offer for purposes of applicable rules under the Securities Exchange Act of
1934. However, Parent, Purchaser and Telmex disclaim that Telmex is a "bidder"
and the inclusion of such information should not be taken as an admission to
that effect.
All information set forth in the Offer to Purchase filed as
Exhibit (a)(1)(A) to this Schedule TO is incorporated by reference in answer to
items 1 through 11 in this Schedule TO, except those items as to which
information is specifically provided herein.
This Tender Offer Statement also amends the Schedule 13D, as
previously amended, of the Slim family (as defined therein); Grupo Carso, S.A.
de C.V. and Parent filed with the Securities and Exchange Commission on November
22, 1999 (the "Schedule 13D"), which is incorporated herein by reference.
ITEM 3. IDENTITY AND BACKGROUND OF FILING PERSON.
Reference is hereby made to the information insert regarding
the directors and executive officers of Telmex set forth in Exhibit (j) hereto,
which is incorporated herein by reference.
ITEM 5. PAST CONTACTS, TRANSACTIONS, NEGOTIATIONS AND AGREEMENTS.
(a) - (b) & (e) With respect to Telmex, none.
ITEM 8. INTEREST IN SECURITIES OF THE SUBJECT COMPANY.
With respect to Telmex, none.
13
- ------------------- -------------------
CUSIP No. 209432107 Page 12 of 15 Pages
- ------------------- -------------------
ITEM 10. FINANCIAL STATEMENTS.
Not applicable.
ITEM 11. ADDITIONAL INFORMATION.
(b) Reference is hereby made to the Form of Letter of
Transmittal, the Form of Notice of Guaranteed Delivery, the Amendments to
Employment Agreements, each dated as of January 23, 2000, between the Company
and certain of its executive officers and the letter dated January 23, 2000 from
Telmex to Parent, copies of which are attached hereto as exhibits (a)(1)(B),
(a)(1)(C), (d)(1) and (i), respectively; to the Merger Agreement, dated as of
January 23, 2000, among Parent, Purchaser and the Company which has previously
been filed as an exhibit to the Schedule 13D; and to the Schedule 13D, all of
which are incorporated herein by reference.
ITEM 12. EXHIBITS.
(a)(1)(A) Offer to Purchase, dated as of February 1, 2000
(a)(1)(B) Form of Letter of Transmittal
(a)(1)(C) Form of Notice of Guaranteed Delivery
(a)(1)(D) Form of Letter to Brokers, Dealers, Commercial
Banks, Trust Companies and Other Nominees
(a)(1)(E) Form of Letter to Clients for Use by Brokers,
Dealers, Commercial Banks, Trust Companies and
Other Nominees
(a)(1)(F) Guidelines for Certification of taxpayer
Identification Number on Substitute Form W-9
(a)(1)(G) Text of press release issued by Parent and the
Company on February 1, 2000
(a)(1)(H) Summary Advertisement, published February 1,
2000
(b) Not applicable.
(d)(1) Amendments to Employment Agreements, each dated
as of January 23, 2000, between the Company and
certain of its executive officers
(g) Not applicable.
(h) Not applicable.
14
- ------------------- -------------------
CUSIP No. 209432107 Page 13 of 15 Pages
- ------------------- -------------------
(i) Letter from Telefonos de Mexico, S.A. de C.V. to
Grupo Sanborns, S.A. de C.V., dated as of
January 23, 2000
(j) Information Concerning the Members of the Board
of Directors and the Executive Officers of
Telefonos de Mexico, S.A. de C.V.
(k) Power of Attorney
15
- ------------------- -------------------
CUSIP No. 209432107 Page 14 of 15 Pages
- ------------------- -------------------
SIGNATURE
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.
Dated: February 1, 2000
GRUPO SANBORNS, S.A. DE C.V.
By: /s/ Eduardo Valdes
-------------------------------
Name: Eduardo Valdes
Title: Attorney-in-Fact
TPC ACQUISITION CORP.
By: Javier Cervantes
-------------------------------
Name: Javier Cervantes
Title: Director and Secretary
16
- ------------------- -------------------
CUSIP No. 209432107 Page 15 of 15 Pages
- ------------------- -------------------
INDEX TO EXHIBITS
Exhibit Number Description
(a)(1)(A) Offer to Purchase, dated as of February 1, 2000
(a)(1)(B) Form of Letter of Transmittal
(a)(1)(C) Form of Notice of Guaranteed Delivery
(a)(1)(D) Form of Letter to Brokers, Dealers, Commercial Banks,
Trust Companies and Other Nominees
(a)(1)(E) Form of Letter to Clients for Use by Brokers, Dealers,
Commercial Banks, Trust Companies and Other Nominees
(a)(1)(F) Guidelines for Certification of taxpayer Identification
Number on Substitute Form W-9
(a)(1)(G) Text of press release issued by Parent and the Company on
February 1, 2000
(a)(1)(H) Summary Advertisement, published February 1, 2000
(d)(1) Amendments to Employment Agreements, each dated as of
January 23, 2000, between the Company and certain of its
executive officers
(i) Letter from Telefonos de Mexico, S.A. de C.V. to Grupo
Sanborns, S.A. de C.V., dated as of January 23, 2000
(j) Information Concerning the Members of the Board of
Directors and the Executive Officers of Telefonos de
Mexico, S.A. de C.V.
(k) Power of Attorney