1 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------ SCHEDULE 13E-3 RULE 13E-3 TRANSACTION STATEMENT (PURSUANT TO SECTION 13(e) OF THE SECURITIES EXCHANGE ACT OF 1934) ROTO-ROOTER, INC. (NAME OF ISSUER) CHEMED CORPORATION (NAME OF PERSON(S) FILING STATEMENT) COMMON STOCK, PAR VALUE $1.00 PER SHARE 77878103 (TITLE OF CLASS OF SECURITIES) (CUSIP NUMBER OF CLASS OF SECURITIES) ------------------------ MR. KEVIN J. MCNAMARA CHEMED CORPORATION 2600 CHEMED CENTER 255 EAST FIFTH STREET CINCINNATI, OH 45202 (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF THE PERSON(S) FILING STATEMENT) ------------------------ COPIES TO: RICHARD HALL, ESQ. CRAVATH, SWAINE & MOORE WORLDWIDE PLAZA 825 EIGHTH AVENUE NEW YORK, NY 10019 (212) 474-1000 AUGUST 14, 1996 (DATE TENDER OFFER FIRST PUBLISHED, SENT OR GIVEN TO SECURITY HOLDERS) This statement is filed in connection with (check the appropriate box): a. / / The filing of solicitation materials or an information statement subject to Regulation 14A [17 CFR 240.14a-1 to 240.14b-1]. Regulation 14C [17 CFR 240.14c-1 to 240.14c-101] or Rule 13e-3(c) [240.13e.3(c)] under the Securities Exchange Act of 1934. b. / / The filing of a registration statement under the Securities Act of 1933. c. /X/ 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: / / CALCULATION OF FILING FEE - --------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------- TRANSACTION VALUATION* AMOUNT OF FILING FEE - --------------------------------------------------------------------------------------------- $89,487,830 $17,898 - --------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------- * For purposes of calculating the amount of filing fee only. This amount assumes the purchase of 2,182,630 shares of Common Stock, par value $1.00 per share of Roto-Rooter, Inc., at $41.00 net in cash per share. The amount of the filing fee calculated in accordance with Regulation 240.0-11 of the Securities Exchange Act of 1934 equals 1/50 of 1% of the value of the shares to be purchased. /X/ Check 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: $17,898 Filing Party: Chemed Corporation Form or Registration No.: Schedule 14D-1 Date Filed: August 14, 1996 Page 1 of 7 Pages Exhibit Index on Page 7 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 2 This Rule 13E-3 Transaction Statement (the "Statement") relates to a tender offer by Chemed Corporation, a Delaware corporation (the "Purchaser"), to purchase any and all outstanding shares of Common Stock, par value $1.00 per share (the "Shares"), of Roto-Rooter, Inc., a Delaware corporation (the "Company"), at a price of $41.00 net in cash per share, upon the terms and subject to the conditions set forth in the Offer to Purchase dated August 14, 1996 of the Purchaser (the "Offer to Purchase") and the related Letter of Transmittal (collectively, the "Offer"), and is intended to satisfy the reporting requirements of Section 13(e) of the Securities Exchange Act of 1934. Copies of the Offer to Purchase and the related Letter of Transmittal are filed as Exhibits (a)(1) and (a)(2) to the Schedule 14D-1 which was filed contemporaneously with this Statement (the "Schedule 14D-1"). The cross reference sheet below is being supplied pursuant to General Instruction F to Schedule 13E-3 and shows the location in the Schedule 14D-1 of the information required to be included in response to the items of this Statement. The information in the Schedule 14D-1, including all exhibits thereto, is hereby expressly incorporated herein by reference and the responses to each item to this Statement are qualified in their entirety by the provisions of the Schedule 14D-1. All cross references in this Statement, other than cross references to the Schedule 14D-1, are to the Offer to Purchase. 2 3 CROSS REFERENCE SHEET WHERE LOCATED IN ITEM IN SCHEDULE 13E-3 SCHEDULE 14D-1 - ----------------------------------------------------------------------------- ---------------- Item 1(a)-(c)................................................................ Item 1(a)-(c) Item 1(d)-(f)................................................................ * Item 2....................................................................... Item 2 Item 3....................................................................... Item 3 Item 4....................................................................... * Item 5....................................................................... Item 5 Item 6(a).................................................................... Item 4 Item 6(b).................................................................... * Item 6(c).................................................................... Item 4 Item 6(d).................................................................... ** Item 7(a)-(b)................................................................ Item 5 Item 7(c)-(d)................................................................ * Item 8(a)-(e)................................................................ * Item 8(f).................................................................... ** Item 9....................................................................... * Item 10...................................................................... Item 6 Item 11...................................................................... Item 7 Item 12...................................................................... * Item 13(a)................................................................... * Item 13(b)-(c)............................................................... ** Item 14(a)................................................................... * Item 14(b)................................................................... ** Item 15...................................................................... Item 8 Item 16...................................................................... Item 10 Item 17(a)................................................................... ** Item 17(b)................................................................... * Item 17(c)................................................................... ** Item 17(d)................................................................... Item 17(a) Item 17(e)................................................................... ** Item 17(f)................................................................... ** - --------------- * The information requested by this Item is not required to be included in the Schedule 14D-1 and has been omitted from the Schedule 14D-1. ** The Item is inapplicable or the answer thereto is in the negative. 3 4 ITEM 1. ISSUER AND CLASS OF SECURITY SUBJECT TO THE TRANSACTION. (a) The answer to Item 1(a) of the Schedule 14D-1 is incorporated herein by reference. (b) The answer to Item 1(b) of the Schedule 14D-1 is incorporated herein by reference. (c) The answer to Item 1(c) of the Schedule 14D-1 is incorporated herein by reference. (d) The information set forth in "The Tender Offer -- Price Range of the Shares; Dividends" of the Offer to Purchase is incorporated herein by reference. (e) None. (f) The information set forth in "Special Factors -- Interests of Certain Persons; Stockholdings of Certain Officers and Directors; and Related Transactions" of the Offer to Purchase is incorporated herein by reference. ITEM 2. IDENTITY AND BACKGROUND. The answer to Item 2 of the Schedule 14D-1 is incorporated herein by reference. ITEM 3. PAST CONTACTS, TRANSACTIONS OR NEGOTIATIONS. The answer to Item 3 of the Schedule 14D-1 is incorporated herein by reference. ITEM 4. TERMS OF THE TRANSACTION. (a) The information set forth in "The Tender Offer -- Terms of the Offer" of the Offer to Purchase is incorporated herein by reference. (b) None. ITEM 5. PLANS OR PROPOSALS OF THE ISSUER OR AFFILIATE. The answer to Item 5 of Schedule 14D-1 is incorporated herein by reference. ITEM 6. SOURCE AND AMOUNTS OF FUNDS OR OTHER CONSIDERATION. (a) The answer to Item 4(a) of Schedule 14D-1 is incorporated herein by reference. (b) The information set forth in "The Tender Offer -- Fees and Expenses" of the Offer to Purchase is incorporated herein by reference. (c) The answer to Item 4(b) of Schedule 14D-1 is incorporated herein by reference. (d) Not applicable. ITEM 7. PURPOSES, ALTERNATIVES, REASONS AND EFFECTS. (a)-(b) The answer to Item 5 of Schedule 14D-1 is incorporated herein by reference. (c) The information set forth in "Special Factors -- Background to the Offer" and "Special Factors -- Purpose and Structure of the Offer; Plans for the Company After the Offer" of the Offer to Purchase is incorporated herein by reference. (d) The information set forth in "Special Factors -- Purpose and Structure of the Offer; Plans for the Company After the Offer", "Special Factors -- Certain Federal Income Tax Consequences" and "The Tender Offer -- Certain Effects of the Offer" of the Offer to Purchase is incorporated herein by reference. ITEM 8. FAIRNESS OF THE TRANSACTION. (a) The information set forth in "Special Factors -- Fairness of the Offer" of the Offer to Purchase is 4 5 incorporated herein by reference. (b) The information set forth in "Special Factors -- Fairness of the Offer", "Special Factors -- Opinion of Financial Advisor", "The Tender Offer -- Certain Information Concerning the Company" and "The Tender Offer -- Price Range of the Shares; Dividends" of the Offer to Purchase is incorporated herein by reference. (c) The Offer is not structured in this manner. (d) The Offer is not structured in this manner. (e) Was not so approved. (f) None. ITEM 9. REPORTS, OPINIONS, APPRAISALS AND CERTAIN NEGOTIATIONS. The information set forth in "Special Factors -- Opinion of Financial Advisor" of the Offer to Purchase is incorporated herein by reference. ITEM 10. INTEREST IN SECURITIES OF THE ISSUER. The answer to Item 6 of Schedule 14D-1 is incorporated herein by reference. ITEM 11. CONTRACTS, ARRANGEMENTS OR UNDERSTANDINGS WITH RESPECT TO THE ISSUER'S SECURITIES. The answer to Item 7 of Schedule 14D-1 is incorporated herein by reference. ITEM 12. PRESENT INTENTION AND RECOMMENDATION OF CERTAIN PERSONS WITH REGARD TO THE TRANSACTION. (a) The information set forth in "Special Factors -- Interests of Certain Persons; Stockholdings of Certain Officers and Directors; and Related Transactions" of the Offer to Purchase is incorporated herein by reference. (b) The information set forth in "Special Factors -- Background to the Offer" of the Offer to Purchase is incorporated herein by reference. ITEM 13. OTHER PROVISIONS OF THE TRANSACTION. (a) The information set forth in "Special Factors -- Appraisal Rights" of the Offer to Purchase is incorporated herein by reference. (b) None. (c) Not applicable. ITEM 14. FINANCIAL INFORMATION. (a) The information set forth in "The Tender Offer -- Certain Information Concerning the Company" of the Offer to Purchase and the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 1996 and the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 1995 filed with the Securities and Exchange Commission is incorporated herein by reference. (b) Not applicable. ITEM 15. PERSONS AND ASSETS EMPLOYED, RETAINED OR UTILIZED. (a) The information set forth in "Introduction" and "Special Factors -- Background to the Offer" of the Offer to Purchase is incorporated herein by reference. (b) The answer to Item 8 of Schedule 14D-1 is incorporated herein by reference. 5 6 ITEM 16. ADDITIONAL INFORMATION. The answer to Item 10 of Schedule 14D-1 is incorporated herein by reference. ITEM 17. MATERIAL TO BE FILED AS EXHIBITS. (a) The Purchaser's Amended and Restated Credit Agreement dated as of June 20, 1996 is filed as Exhibit 1 to the Purchaser's Quarterly Report on Form 10-Q for the quarter ended June 30, 1996, and is incorporated herein by reference. (b)(1) The opinion dated August 8, 1996 of CS First Boston Corporation is incorporated herein by reference to Appendix A to the Offer to Purchase. (2) Presentation dated August 7, 1996 of CS First Boston Corporation. (c) None. (d) Exhibits (a)(1) through (a)(9) of Schedule 14D-1 are incorporated herein by reference. (e) Not applicable. (f) None. 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: August 14, 1996 CHEMED CORPORATION, by /s/ THOMAS C. HUTTON ----------------------------------- Name: Thomas C. Hutton Title: Vice President 6 7 EXHIBIT INDEX EXHIBIT PAGE NUMBER EXHIBIT NAME NUMBER - ------- ----------------------------------------------------------------------- ----------- (b)(2) Presentation dated August 7, 1996 of CS First Boston Corporation. 7