SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SOLICITATION/RECOMMENDATION STATEMENT UNDER SECTION 14(d)(4)
OF THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 9)
BUCKEYE TECHNOLOGIES INC.
(Name of Subject Company)
BUCKEYE TECHNOLOGIES INC.
(Name of Person Filing Statement)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(Title of Class of Securities)
(CUSIP Number of Class of Securities)
John B. Crowe
Chairman of the Board of Directors and
Chief Executive Officer
Buckeye Technologies Inc.
P.O. Box 80407
1001 Tillman Street
Memphis, Tennessee 38108-0407
(Name, address and telephone number of person authorized to receive notices
and communications on behalf of the person filing statement)
William J. Tuttle
Derek M. Winokur
1900 K Street, N.W.
Washington, D.C. 20006
|Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
This Amendment No. 9 (this Amendment) amends and supplements the Solicitation/Recommendation Statement on Schedule 14D-9 (as amended or supplemented from time to time, the Schedule 14D-9) originally filed with the United States Securities and Exchange Commission (the SEC) by Buckeye Technologies Inc., a Delaware corporation (Buckeye), on May 7, 2013. The Schedule 14D-9 relates to the offer by GP Cellulose Group LLC, a Delaware limited liability company (Purchaser), and an indirect wholly-owned subsidiary of Georgia-Pacific LLC, a Delaware limited liability company (Georgia-Pacific), to purchase all of the issued and outstanding shares of common stock, par value $0.01 per share, of Buckeye at a price of $37.50 per share, net to the seller thereof in cash, without interest, subject to any withholding of taxes required by applicable law, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated May 7, 2013, and in the related Letter of Transmittal for Shares and Letter of Transmittal for Employee Restricted Shares, copies of which are attached to the Tender Offer Statement on Schedule TO, filed by Purchaser and Georgia-Pacific with the SEC on May 7, 2013.
Except as otherwise set forth below, the information set forth in the Schedule 14D-9 remains unchanged and is incorporated herein by reference as relevant to the items in this Amendment. Capitalized terms used but not defined herein shall have the respective meanings ascribed to them in the Schedule 14D-9.
Item 8 is hereby amended and supplemented as follows:
(1) The paragraph under the subheading entitled Antitrust LawsGermany on page 34 of the Schedule 14D-9, as previously amended and supplemented by Amendment No. 4 to the Schedule 14D-9, is amended and supplemented by adding the following sentence at the end of the paragraph:
Georgia-Pacific received a grant of written approval from the FCO, declaring the Offer and the Merger authorized, on June 21, 2013.
(2) The paragraph under the subheading entitled Antitrust LawsSpain on page 35 of the Schedule 14D-9, as previously amended and supplemented by Amendment No. 4 to the Schedule 14D-9, is amended and supplemented by adding the following sentence at the end of the paragraph:
Georgia-Pacific received a grant of written approval from the SCA, declaring the Offer and the Merger authorized, on June 19, 2013.
(3) The disclosure under the subheading entitled Litigation on page 39 of the Schedule 14D-9, as previously amended and restated by Amendment No. 1 to the Schedule 14D-9 and as further amended and supplemented by Amendment No. 3 to the Schedule 14D-9, is amended and supplemented by adding a new paragraph as the last paragraph under such subheading as set forth below:
On June 19, 2013, the Consolidated Complaint was dismissed without prejudice pursuant to a Stipulation and Order of Dismissal (the Order) filed by the parties and entered by the Delaware Court. The Order stipulates that each party to the Consolidated Complaint will bear its own costs and that no compensation has passed or been promised from any of the defendants to the plaintiffs or plaintiffs counsel.
After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Amendment No. 9 to Schedule 14D-9 is true, complete and correct.
|BUCKEYE TECHNOLOGIES INC.
|/s/ Sheila Jordan Cunningham
|Sheila Jordan Cunningham
|Senior Vice President, General Counsel and Secretary
Date: June 21, 2013