SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13E-3
Rule 13e-3 Transaction Statement Under Section 13(e)
of the Securities Exchange Act of 1934 and Rule 13e-3 Thereunder
Atalanta/Sosnoff Capital Corporation
(Name of Issuer)
Atalanta/Sosnoff Capital Corporation
(Name of Person(s) Filing Statement)
Common Stock, Par Value $0.01 per Share
(Title of Class of Securities)
046499109
(CUSIP Number of Class of Securities)
Kevin S. Kelly
Atalanta/Sosnoff Capital Corporation
101 Park Avenue
New York, New York 10178
(212) 867-5000
(Name, Address, and Telephone Number of Person Authorized to Receive
Notices and Communications on Behalf of the Person(s) Filing Statement)
Copy to:
Ralph Arditi, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
Four Times Square
New York, New York 10036
(212) 735-3000
Joel I. Greenberg, Esq.
Eric Simonson, Esq.
Kaye Scholer LLP
425 Park Avenue
New York, New York 10022
(212) 836-8000
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, Regulation 14C, or Rule
13e-3(c) under the Securities Exchange Act of 1934.
b. [ ] The filing of a registration statement under the Securities
Act of 1933.
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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: [ ]
Check the following box if the filing is a final amendment reporting the results
of the transaction: [ ]
CALCULATION OF FILING FEE
========================================= ======================================
Transaction Valuation* Amount of Filing Fee**
$22,688,574 $1,836
========================================= ======================================
* Estimated for purposes of calculating the filing fee only. This
calculation assumes the purchase of 1,548,715 shares of common stock of
Atalanta/Sosnoff Capital Corporation at the offer price of $13.95 per
share. The transaction value also includes the offer price of $13.95
less $8.53, which is the weighted average exercise price of outstanding
options as of June 10, 2003, multiplied by the 200,000 options
outstanding on such date.
** The amount of the filing fee, calculated in accordance with Rule 0-11
of the Securities Exchange Act of 1934, as amended, and Fee Advisory #6
for Fiscal year 2003 issued by the Securities and Exchange Commission,
equals 0.008090 times the transaction valuation.
[X] Check box if any part of the fee is offset as provided by
Exchange Act 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: $1,836
Form or Registration No.: Schedule TO
Filing Parties: Atalanta Acquisition Company and Martin T. Sosnoff
Date Filed: June 13, 2003
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This Schedule 13E-3 (the "Schedule 13E-3") is being filed by
Atalanta/Sosnoff Capital Corporation (the "Company"), a Delaware corporation.
The filing person is the subject company. This Schedule 13E-3 relates to the
offer by Atalanta Acquisition Company, a Delaware corporation ("Purchaser") and
Martin T. Sosnoff to purchase all the outstanding shares of common stock, par
value $0.01 per share (the "Shares"), of the Company at $13.95 per share, net to
the seller in cash, without interest thereon and less any required withholding
taxes, upon the terms and subject to the conditions set forth in the Offer to
Purchase dated June 13, 2003 (the "Offer to Purchase"), and in the related
Letter of Transmittal, copies of which are filed with the Schedule TO filed by
Purchaser and Mr. Sosnoff on the date hereof as Exhibits (a)(1)(ii) and
(a)(1)(iii), respectively (which together, as they may be amended or
supplemented from time to time, constitute the "Offer").
The information set forth in the Offer to Purchase, including all
schedules and annexes thereto, is hereby expressly incorporated herein by
reference in response to all items of this Schedule 13E-3.
Item 16. Exhibits.
(a)(1)(i) Solicitation/Recommendation Statement on Schedule 14D-9,
dated June 13, 2003, filed by Atalanta/Sosnoff Capital
Corporation*
(a)(1)(ii) Offer to Purchase, dated June 13, 2003*
(a)(1)(iii) Letter of Transmittal*
(a)(1)(iv) Notice of Guaranteed Delivery*
(a)(1)(v) Letter to Brokers, Dealers, Commercial Banks, Trust
Companies and Other Nominees*
(a)(1)(vi) Letter to Clients for use by Brokers, Dealers, Commercial
Banks, Trust Companies and Other Nominees*
(a)(1)(vii) Guidelines for Certification of Taxpayer Identification
Number on Substitute Form W-9*
(a)(1)(viii)Text of joint press release, dated June 10, 2003,
issued by Atalanta/Sosnoff Capital Corporation and
Martin T. Sosnoff*
(a)(1)(ix) Text of joint press release, dated June 13, 2003,
issued by Atalanta/Sosnoff Capital Corporation and
Martin T. Sosnoff*
(a)(5)(i) Complaint of Paul Berger, individually and on behalf
of all others similarly situated, against
Atalanta/Sosnoff Capital Corporation, Martin T.
Sosnoff, Jay S. Goldsmith, Ronald H. Menaker, Craig B.
Steinberg and Thurston Twigg-Smith filed in the Court
of Chancery of the State of Delaware*
(a)(5)(ii) Complaint of Breakwater Partners, LP, individually and
on behalf of all others similarly situated, against
Atalanta/Sosnoff Capital Corporation, Martin T.
Sosnoff, Jay S. Goldsmith, Ronald H. Menaker, Craig B.
Steinberg and Thurston Twigg-Smith filed in the Court
of Chancery of the State of Delaware*
(a)(5)(iii) Complaint of David Schneider, individually and on
behalf of all others similarly situated, against
Atalanta/Sosnoff Capital Corporation, Martin T.
Sosnoff, Jay S. Goldsmith, Ronald H. Menaker, Craig B.
Steinberg and Thurston Twigg-Smith filed in the Court
of Chancery of the State of Delaware*
(a)(5)(iv) Agreement in Principle, dated June 11, 2003, between
Atalanta/Sosnoff Capital Corporation and Certain
Attorneys for the Plaintiffs*
(b)(i) Pledge Agreement, dated June 9, 2003, between Martin
T. Sosnoff and Bear Stearns Securities Corp.*
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(b)(ii) Guarantee Agreement, dated June 11, 2003, between
Martin T. Sosnoff and Bear Stearns Securities Corp.*
(c) Materials presented by The Blackstone Group, L.P. to the
Special Committee of Independent Directors of
Atalanta/Sosnoff Capital Corporation on June 9, 2003*
(d)(1) Agreement and Plan of Merger, dated as of June 10, 2003,
by and among Atalanta Acquisition Company,
Martin T. Sosnoff and the Company*
(d)(2) Stockholder Tender Agreement, dated as of June 10, 2003,
by and among Atalanta Acquisition Company,
Martin T. Sosnoff and Craig B. Steinberg*
(d)(3) Stockholder Tender Agreement, dated as of June 10, 2003,
by and among Atalanta Acquisition Company,
Martin T. Sosnoff and William M. Knobler*
(e)(1) 1987 Stock Option Plan of Atalanta/Sosnoff Capital
Corporation (incorporated herein by reference to the
Registration Statement No. 33-13063 on Form S-8 filed on
March 31, 1987 by Atalanta/Sosnoff Capital Corporation)
(e)(2) 1996 Long-Term Incentive of Atalanta/Sosnoff Capital
Corporation (incorporated herein by reference to
Atalanta/Sosnoff Capital Corporation's Annual Report on
Form 10-K for the year ended December 31, 1997)
(e)(3) Restricted Stock Award Agreements, dated as of
September 17, 1997, between Atalanta/Sosnoff Capital
Corporation and each of Craig B. Steinberg and
Anthony G. Miller (incorporated herein by reference to
Atalanta/Sosnoff Capital Corporation's Annual Report on
Form 10-K for the year ended December 31, 1997)
(e)(4) Agreement, dated October 29, 1998, between William M.
Knobler and Atalanta/Sosnoff Capital Corporation
(incorporated herein by reference to Atalanta/Sosnoff
Capital Corporation's Annual Report on Form 10-K for the
year ended December 31, 1998)
(f) Section 262 of the Delaware General Corporation Law
(included as Annex A of the Offer to Purchase filed
herewith as Exhibit (a)(1)(ii))
(g) None
(h) None
* Incorporated by reference to the Schedule TO filed by Atalanta
Acquisition Company and Martin T. Sosnoff on June 13, 2003, as amended
from time to time.
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SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
ATALANTA/SOSNOFF CAPITAL
CORPORATION
By: /s/ Jay S. Goldsmith
--------------------------
Name: Jay S. Goldsmith
Title: Authorized Person and Director
Dated: June 13, 2003
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EXHIBIT INDEX
(a)(1)(i) Solicitation/Recommendation Statement on Schedule 14D-9,
dated June 13, 2003, filed by Atalanta/Sosnoff Capital
Corporation*
(a)(1)(ii) Offer to Purchase, dated June 13, 2003*
(a)(1)(iii) Letter of Transmittal*
(a)(1)(iv) Notice of Guaranteed Delivery*
(a)(1)(v) Letter to Brokers, Dealers, Commercial Banks, Trust
Companies and Other Nominees*
(a)(1)(vi) Letter to Clients for use by Brokers, Dealers, Commercial
Banks, Trust Companies and Other Nominees*
(a)(1)(vii) Guidelines for Certification of Taxpayer Identification
Number on Substitute Form W-9*
(a)(1)(viii)Text of joint press release, dated June 10, 2003,
issued by Atalanta/Sosnoff Capital Corporation and
Martin T. Sosnoff*
(a)(1)(ix) Text of joint press release, dated June 13, 2003,
issued by Atalanta/Sosnoff Capital Corporation and
Martin T. Sosnoff*
(a)(5)(i) Complaint of Paul Berger, individually and on behalf
of all others similarly situated, against
Atalanta/Sosnoff Capital Corporation, Martin T.
Sosnoff, Jay S. Goldsmith, Ronald H. Menaker, Craig B.
Steinberg and Thurston Twigg-Smith filed in the Court
of Chancery of the State of Delaware*
(a)(5)(ii) Complaint of Breakwater Partners, LP, individually and
on behalf of all others similarly situated, against
Atalanta/Sosnoff Capital Corporation, Martin T.
Sosnoff, Jay S. Goldsmith, Ronald H. Menaker, Craig B.
Steinberg and Thurston Twigg-Smith filed in the Court
of Chancery of the State of Delaware*
(a)(5)(iii) Complaint of David Schneider, individually and on
behalf of all others similarly situated, against
Atalanta/Sosnoff Capital Corporation, Martin T.
Sosnoff, Jay S. Goldsmith, Ronald H. Menaker, Craig B.
Steinberg and Thurston Twigg-Smith filed in the Court
of Chancery of the State of Delaware*
(a)(5)(iv) Agreement in Principle, dated June 11, 2003, between
Atalanta/Sosnoff Capital Corporation and Certain
Attorneys for the Plaintiffs*
(b)(i) Pledge Agreement, dated June 9, 2003, between Martin
T. Sosnoff and Bear Stearns Securities Corp.*
(b)(ii) Guarantee Agreement, dated June 11, 2003, between
Martin T. Sosnoff and Bear Stearns Securities Corp.*
(c) Materials presented by The Blackstone Group, L.P. to the
Special Committee of Independent Directors of
Atalanta/Sosnoff Capital Corporation on June 9, 2003*
(d)(1) Agreement and Plan of Merger, dated as of June 10, 2003,
by and among Atalanta Acquisition Company,
Martin T. Sosnoff and the Company*
(d)(2) Stockholder Tender Agreement, dated as of June 10, 2003,
by and among Atalanta Acquisition Company,
Martin T. Sosnoff and Craig B. Steinberg*
(d)(3) Stockholder Tender Agreement, dated as of June 10, 2003,
by and among Atalanta Acquisition Company,
Martin T. Sosnoff and William M. Knobler*
(e)(1) 1987 Stock Option Plan of Atalanta/Sosnoff Capital
Corporation (incorporated herein by reference to the
Registration Statement No. 33-13063 on Form S-8 filed on
March 31, 1987 by Atalanta/Sosnoff Capital Corporation)
Page 6 of 7
(e)(2) 1996 Long-Term Incentive of Atalanta/Sosnoff Capital
Corporation (incorporated herein by reference to
Atalanta/Sosnoff Capital Corporation's Annual Report on
Form 10-K for the year ended December 31, 1997)
(e)(3) Restricted Stock Award Agreements, dated as of
September 17, 1997, between Atalanta/Sosnoff Capital
Corporation and each of Craig B. Steinberg and
Anthony G. Miller (incorporated herein by reference to
Atalanta/Sosnoff Capital Corporation's Annual Report on
Form 10-K for the year ended December 31, 1997)
(e)(4) Agreement, dated October 29, 1998, between William M.
Knobler and Atalanta/Sosnoff Capital Corporation
(incorporated herein by reference to Atalanta/Sosnoff
Capital Corporation's Annual Report on Form 10-K for the
year ended December 31, 1998)
(f) Section 262 of the Delaware General Corporation Law
(included as Annex A of the Offer to Purchase filed
herewith as Exhibit (a)(1)(ii))
(g) None
(h) None
* Incorporated by reference to the Schedule TO filed by Atalanta
Acquisition Company and Martin T. Sosnoff on June 13, 2003, as amended
from time to time.
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