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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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RULE 13E-3 TRANSACTION STATEMENT
(Pursuant to Section 13(e) of the Securities Exchange Act of 1934)
(Amendment No. 2)
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MYCOGEN CORPORATION
(Name of the Issuer)
MYCOGEN CORPORATION
THE DOW CHEMICAL COMPANY
ROFAN SERVICES INC.
CENTEN AG INC.
DOW AGROSCIENCES LLC
and
AGROSCIENCES ACQUISITION INC.
(Name of Person(s) Filing Statement)
COMMON STOCK
PAR VALUE $0.001 PER SHARE
(INCLUDING THE ASSOCIATED PREFERRED STOCK PURCHASE RIGHTS)
(Title of Class of Securities)
628452 10 4
(CUSIP Number of Class of Securities)
John Scriven Jane M. Gootee Brian G. Taylorson
Vice President, General Vice President President
Counsel and Secretary Rofan Services Inc. Centen Ag Inc.
The Dow Chemical Company 2030 Dow Center 2030 Dow Center
2030 Dow Center Midland, Michigan 48674 Midland, Michigan 48674
Midland, Michigan 48674 (517) 636-1000 (517) 636-1000
(517) 636-1000
Louis W. Pribila Brian G. Taylorson Carlton J. Eibl
Vice President, Secretary President President
and General Counsel AgroSciences Acquisition Inc. Mycogen Corporation
Dow AgroSciences LLC 2030 Dow Center 5501 Oberlin Drive
9330 Zionsville Road Midland, Michigan 48674 San Diego, CA 92121-1718
Indianapolis, Indiana 46268 (517) 636-1000 (619) 453-8030
(317) 337-3000
with copies to:
Scott J. Davis Norman M. Gold
James T. Lidbury Peter H. Lieberman
Mayer, Brown & Platt Altheimer & Gray
190 South LaSalle Street 10 South Wacker Drive
Chicago, Illinois 60603 Suite 4000
(312) 782-0600 Chicago, Illinois 60606
312) 715-4000
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications on Behalf of Persons Filing Statement)
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 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
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Transaction Valuation* Amount of Filing Fee
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$374,232,918 $74,847
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* For purposes of calculating the filing fee only. This amount assumes the
purchase of 11,532,381 shares of common stock (the "Shares") of the subject
company at $28.00 in cash per Share as well as the purchase of 3,568,635
Shares subject to outstanding options at $28.00 per Share less the
average exercise price per Share subject to such options of $13.6174.
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.
/X/ Amount Previously Paid: $74,847
Form or Registration Number: Schedule 14D-1.
Filing Party: The Dow Chemical Company, Rofan Services
Inc., Centen Ag Inc., Dow AgroSciences LLC
and AgroSciences Acquisition Inc.
Date Filed: September 4, 1998.
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INTRODUCTION
This amended Rule 13e-3 Transaction Statement is being filed by Mycogen
Corporation (the "Company"), The Dow Chemical Company ("TDCC"), Rofan
Services Inc. ("Rofan"), Centen Ag Inc. ("Centen"), AgroSciences Acquisition
Inc. ("Purchaser") and Dow AgroSciences LLC ("Parent") for the sole purpose
of filing Exhibits 99(b)(5), 99(b)(6) and 99(b)(7).
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SIGNATURES
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: September 28, 1998. THE DOW CHEMICAL COMPANY
By /s/ G. MICHAEL LYNCH
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Name: G. Michael Lynch
Title: Vice President and Controller
ROFAN SERVICES INC.
By /s/ J. PEDRO REINHARD
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Name: J. Pedro Reinhard
Title: President
CENTEN AG INC.
By /s/ BRIAN G. TAYLORSON
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Name: Brian G. Taylorson
Title: President
DOW AGROSCIENCES LLC
By /s/ LOUIS W. PRIBILA
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Name: Louis W. Pribila
Title: Vice President, Secretary and
General Counsel
AGROSCIENCES ACQUISITION INC.
By /s/ BRIAN G. TAYLORSON
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Name: Brian G. Taylorson
Title: President
MYCOGEN CORPORATION
By /s/ CARLTON J. EIBL
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Name: Carlton J. Eibl
Title: President
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EXHIBIT INDEX
SEQUENTIALLY
EXHIBIT NO. DESCRIPTION NUMBERED PAGE
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99(b)(1) Salomon Smith Barney Report to Dow AgroSciences LLC
dated August 3, 1998.*
99(b)(2) Wasserstein Perella & Co., Inc. Report to the Special
Committee of Mycogen Corporation dated August 3, 1998.*
99(b)(3) Wasserstein Perella & Co., Inc. Report to the Special
Committee of Mycogen Corporation dated August 31, 1998.*
99(b)(4) Opinion of Wasserstein Perella & Co., Inc. to the Special
Committee of Mycogen Corporation dated August 31, 1998.*
99(b)(5) Wasserstein Perella & Co., Inc. Presentation to the
Special Committee of Mycogen Corporation dated
July 27, 1998.**
99(b)(6) Wasserstein Perella & Co., Inc. Presentation on Valuation
of Mycogen Corporation dated July 20, 1998.**
99(b)(7) Wasserstein Perella & Co., Inc. Preliminary Presentation
to the Special Committee of the Board of Directors of
Mycogen Corporation dated June 25, 1998.**
99(c)(1) Agreement and Plan of Merger among Mycogen Corporation,
Dow AgroSciences LLC and AgroSciences Acquisition Inc.
dated as of August 31, 1998. (Incorporated herein by
reference from Exhibit 99.1 to Amendment No. 15 to
Schedule 13D filed September 1, 1998).*
99(c)(2) Confidentiality Agreement among Mycogen Corporation, The
Dow Chemical Company and Dow AgroSciences LLC dated July
16, 1998.*
99(c)(3) Exchange and Purchase Agreement among Mycogen
Corporation, Agrigenetics, Inc., DowElanco and United
AgriSeeds, Inc. dated as of January 15, 1996
(Incorporated herein by reference from Exhibit 99(a)(1)
to Schedule 13D filed January 25, 1996).*
99(c)(4) Amendment to Exchange and Purchase Agreement between
Mycogen Corporation and Dow AgroSciences LLC dated as of
July 22, 1998 (Incorporated herein by reference from
Exhibit 99(1) to Amendment No. 14 to Schedule 13D filed
July 23, 1998).*
99(c)(5) Technology Agreement among Mycogen Corporation,
Agrigenetics, Inc. and DowElanco dated as of February
19, 1996 (Incorporated herein by reference from Exhibit B
to Exhibit 99(a)(1) to Schedule 13D filed January 25,
1996).*
99(c)(6) Brassica License and Research Agreement between Dow
Elanco Canada and Mycogen Corporation dated October 30,
1997.*
99(c)(7) Restated Loan Agreement between Dow AgroSciences LLC and
Mycoyen S.A. dated May 15, 1998.*
99(c)(8) Loan Agreement between Dow Elanco and Mycogen Corporation
dated as of April 1, 1997 (the "Dow Loan Agreement").*
99(c)(9) Amendment No. 1 to Dow Loan Agreement dated as of
September 29, 1997.*
99(c)(10) Amendment No. 2 to Dow Loan Agreement dated as of
November 14, 1997.*
99(c)(11) Amendment No. 3 to Dow Loan Agreement dated as of
November 18, 1997.*
99(c)(12) Amendment No. 4 to Dow Loan Agreement dated as of April
6, 1998.*
99(c)(13) Amendment No. 5 to Dow Loan Agreement dated as of October
1, 1997.*
99(c)(14) Loan Agreement between Mycogen Corporation and DowElanco
dated as of April 1, 1997 (the "Mycogen Loan Agreement").
99(c)(15) Amendment No. 1 to Mycogen Loan Agreement dated as of
April 6, 1998.*
99(c)(16) Amendment No. 2 to Mycogen Loan Agreement dated as of
October 1, 1997.*
99(c)(17) Memorandum of Understanding dated September 3, 1998.*
99(d)(1) Offer to Purchase dated September 4,
1998.*
99(d)(2) Form of Letter of Transmittal.*
99(d)(3) Form of Notice of Guaranteed Delivery.*
99(d)(4) Form of Letter to Brokers, Dealers,
Commercial Banks, Trust Companies and
other Nominees dated September 4, 1998.*
99(d)(5) Form of Letter to Clients for use by
Brokers, Dealers, Commercial Banks,
Trust Companies and other Nominees.
99(d)(6) Form of Option Election.*
99(d)(7) Form of Stock Purchase Election.*
99(d)(8) Form of Restricted Stock Election.*
99(d)(9) Guidelines for Certification of
Taxpayer Identification Number on
Substitute Form W-9.*
99(d)(10) Form of Summary Advertisement.*
99(e)(1) Chapter 13 of the California General Corporation Law
(Incorporated herein by reference from Schedule II to
the Offer to Purchase).*
99(g)(1) Complaint filed in Susser v. Mycogen Corporation et al.
(Superior Court of the State of California, County of San
Diego, filed May 1, 1998).*
99(g)(2) Complaint filed in Harbor Finance Partners v. Mycogen
Corporation et al. (Superior Court of the State of
California, County of San Diego, filed May 1, 1998).*
99(g)(3) Complaint filed in Ellis Investments, Ltd. v.
Eibl et al. (Superior Court of the State of California,
County of San Diego, filed May 1, 1998).*
99(g)(4) Complaint filed in Kolb v. Mycogen Corporation et al.
(Superior Court of the State of California, County of San
Deigo, filed May 5, 1998).*
99(g)(5) Complaint filed in Anderson v. Mycogen Corporation et al.
(Superior Court of the State of California, County of
San Diego, filed May 5, 1998).*
99(g)(6) Complaint filed in Boettcher v. Mycogen Corporation et al.
(Superior Court of the State of California, County of San
Diego, filed May 8, 1998).*
99(g)(7) Complaint filed in Verrone v. Mycogen Corporation et al.
(Superior Court of the State of California, County of San
Diego, filed May 15, 1998).*
99(g)(8) Order of Consolidation entered in Susser v. Mycogen
Corporation et al. (Superior Court of State of
California, County of San Diego, entered June 22, 1998).*
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* Previously filed.
** Filed herewith.