1 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------------------ SCHEDULE TO TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 2) ------------------------------------ SAFETY 1ST, INC. (Name of Subject Company) ------------------------------------ DIAMOND ACQUISITION SUBSIDIARY INC. DOREL INDUSTRIES INC. (OFFEROR) (Names of Filing Persons (identifying status as offeror, issuer or other person)) ------------------------------------ Common Stock, Par Value $.01 Per Share (Title of Class of Securities) ------------------------------------ 786475103 (CUSIP Number of Class of Securities) ------------------------------------ JEFFREY SCHWARTZ DOREL INDUSTRIES INC. 1255 GREENE AVENUE, SUITE 300 WESTMOUNT, QUEBEC, CANADA H3Z 2A4 (514) 934-3034 (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications on Behalf of filing persons) ------------------------------------ Copy to: BRUCE CZACHOR SHEARMAN & STERLING 199 BAY STREET, SUITE 4405 TORONTO, ONTARIO M5L 1E8 (416) 360-8484 CALCULATION OF FILING FEE - ------------------------------------------------------------------------------------------------- TRANSACTION VALUATION* AMOUNT OF FILING FEE** - ------------------------------------------------------------------------------------------------- $141,714,971 $28,343 - ------------------------------------------------------------------------------------------------- * Estimated for purposes of calculating the amount of the filing fee only. Calculated by multiplying $13.875, the per share tender offer price, by 8,680,682, number of currently outstanding shares of Common Stock sought in the Offer plus $21,270,507.60, the amount paid to option holders. ** Calculated as 1/50 of 1% of the transaction value. [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: $28,343 Filing Party: Diamond Acquisition Subsidiary Inc. Dorel Industries Inc. Form or Registration No.: Schedule TO Date Filed: May 8, 2000 [ ] Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. Check the appropriate boxes 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: [X] - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 2 This Amendment No. 2 (Final Amendment) amends and supplements the Tender Offer Statement on Schedule TO, originally filed by Diamond Acquisition Subsidiary Inc., a Massachusetts corporation ("Purchaser") and a wholly owned subsidiary of Dorel Industries Inc., a Quebec, Canada corporation ("Parent") on May 8, 2000 and amended on May 24, 2000, relating to the offer by Purchaser to purchase all outstanding shares of Common Stock, par value $.01 per share (the "Shares"), of Safety 1st, Inc., a Massachusetts corporation (the "Company"), at a purchase price of $13.875 per Share, net to the seller in cash, upon the terms and subject to the conditions set forth in the Offer to Purchase dated May 8, 2000 (the "Offer to Purchase") and in the related Letter of Transmittal, copies of which are attached as Exhibits (a)(1) and (a)(2) to the Schedule TO (which, together with any amendments or supplements thereto, collectively constitute the "Offer"). Pursuant to General Instruction H to Schedule TO, this Final Amendment satisfies the reporting requirements of Section 13(d) of the Act with respect to all securities acquired by the Purchaser in the Offer. The item numbers and responses thereto below are in accordance with the requirements of Schedule TO. Except as otherwise indicated herein, the information set forth in the Schedule TO remains unchanged and all capitalized terms used herein shall have the respective meanings ascribed to them in the Schedule TO. ITEM 11. ADDITIONAL INFORMATION Item 11 is hereby amended and supplemented to add the following: The Offer expired in accordance with its terms at 12:00 midnight, New York City time, on June 5, 2000. On June 6, 2000, Harris Trust Company of New York certified that 9,235,599 Shares had been validly tendered and not withdrawn, representing approximately 97.95% of the total outstanding shares, including 199,601 Shares tendered pursuant to guaranteed delivery procedures. At such time the Purchaser accepted all tendered shares for payment in the Offer (including Shares subject to guaranteed delivery procedures). Additionally, in accordance with the Merger Agreement, the Purchaser intends to merge with and into the Company pursuant to Section 78 of the Massachusetts General Laws whereby each Share not tendered and purchased in the Offer will be converted into the right to receive $13.875 in cash payable to the holder thereof. ITEM 12. EXHIBITS Item 12 is hereby amended and supplemented to add the following: (a)(9) Joint Press Release issued by Parent and the Company on June 6, 2000 relating to the expiration of the Offer. 2 3 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: June 6, 2000 DIAMOND ACQUISITION SUBSIDIARY INC. /s/ JEFFREY SCHWARTZ By: --------------------------------------- Name: Jeffrey Schwartz Title: President and Treasurer 3 4 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: June 6, 2000 DOREL INDUSTRIES INC. /s/ JEFFREY SCHWARTZ By: --------------------------------------- Name: Jeffrey Schwartz Title: Vice-President, Finance 4 5 EXHIBIT INDEX EXHIBIT NO. - ------- *(a)(1) Offer to Purchase dated May 8, 2000. *(a)(2) Letter of Transmittal. *(a)(3) Notice of Guaranteed Delivery. *(a)(4) Letter dated May 8, 2000 from Innisfree M&A Incorporated to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees. *(a)(5) Letter from Brokers, Dealers, Commercial Banks, Trust Companies and Nominees to Clients. *(a)(6) Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9. *(a)(7) Form of Summary Advertisement published in The Wall Street Journal on May 8, 2000. *(a)(8) Joint Press Release issued by Parent and the Company on April 24, 2000 (incorporated by reference from Parent's Schedule TO filed with the Commission on April 24, 2000). (a)(9) Joint Press Release issued by Parent and the Company on June 6, 2000 relating to the expiration of the Offer. *(b)(1) Commitment Letter dated April 18, 2000 between Parent and Royal Bank of Canada. *(d)(1) Agreement and Plan of Merger, dated as of April 22, 2000, among Parent, Purchaser and the Company. *(d)(2) Confidentiality Agreement, dated as of February 17, 2000, between Parent and the Company. *(d)(3) Tender Agreement, dated as of April 22, 2000, among Parent, Purchaser and Michael Lerner, Michael S. Bernstein, DB Capital Partners, Inc. (formerly BT Capital Partners, Inc.), Mark Owens and Bear Stearns & Co., Inc. (g) None. (h) None. - --------------- * Previously filed. 5