A new 13D filing with the US Securities and Exchange Commission revealed that billionaire Carl Icahn‘ Icahn Enterprises has launched a tender offer via its subsidiary, IEH FM Holdings LLC, for all outstanding common shares of Federal-Mogul Holdings Corp (NASDAQ:FDML), at a price of $9.25 per share in cash. IEH FM Holdings LLC, presently holds 138.6 million shares of the company, which represent 82% of the float. This tender offer is set to expire on October 24, 2016, and was made under the previous Agreement and Plan of Merger created on September 6, 2016, which was collectively accepted by the boards of directors of both companies.
Federal-Mogul Holdings is a company that produces powertrain components, vehicle safety systems, and various industrial products, running in two divisions: Motorparts and Powertrain. Over the past 12 months, the company’s stock has gained 33.38%. For the second quarter of 2016, Federal-Mogul Holdings disclosed earnings per share of $0.18 and revenue of $1.92 billion, compared to earnings per share of $0.09 and revenue of $1.96 billion for the corresponding period in 2015.
As per Insider Monkey’s hedge fund database, the number of investors long Federal-Mogul Holdings (NASDAQ:FDML) hasn’t changed in recent months, and at the end of June quarter there were eight smart money managers bullish on this stock. Among them were Mario Gabelli’s GAMCO Investors, which held a position valued at $69.39 million, Jim Simons’ Renaissance Technologies with a position in the company worth around $1,91 million, and Gavin Saitowitz And Cisco J. Del Valle’s Springbok Capital.
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You can access the original SEC filing by clicking here.
Ownership Summary Table
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
IEH FM Holdings | 138,590,141 | 0 | 138,590,141 | 0 | 138,590,141 | 82.0% |
American Entertainment Properties Corp | 0 | 138,590,141 | 0 | 138,590,141 | 138,590,141 | 82.0% |
Icahn Building | 0 | 138,590,141 | 0 | 138,590,141 | 138,590,141 | 82.0% |
Icahn Enterprises Holdings | 0 | 138,590,141 | 0 | 138,590,141 | 138,590,141 | 82.0% |
Icahn Enterprises G.P. Inc | 0 | 138,590,141 | 0 | 138,590,141 | 138,590,141 | 82.0% |
Beckton Corp | 0 | 138,590,141 | 0 | 138,590,141 | 138,590,141 | 82.0% |
Carl C. Icahn | 0 | 138,590,141 | 0 | 138,590,141 | 138,590,141 | 82.0% |
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Page 1 of 16 – SEC Filing
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE TO
Tender Offer Statement Pursuant to Section 14(d)(1) or 13(e)(1)
of the Securities Exchange Act of 1934
FEDERAL-MOGUL
HOLDINGS CORPORATION
(Name of Subject Company)
IEH FM HOLDINGS LLC
AMERICAN ENTERTAINMENT PROPERTIES CORP.
ICAHN BUILDING LLC
ICAHN
ENTERPRISES HOLDINGS L.P.
ICAHN ENTERPRISES G.P. INC.
BECKTON CORP.
CARL C.
ICAHN
(Names of Filing Persons (offeror))
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(Title of Class of Securities)
313549404
(CUSIP
Number of Class of Securities)
Keith Cozza
President and Chief Executive Officer
Icahn Enterprises L.P.
767 Fifth Avenue, 47th Floor
New York, New York 10153
(212) 702-4300
(Name, Address, and Telephone Numbers of Person Authorized to Receive Notices and Communications on Behalf of Filing Persons)
Copies to:
Jesse Lynn, Esq. General Counsel Icahn 767 Fifth Avenue, 47th Floor New York, NY 10153 (212) 702-4300 | Julie Allen, Esq. Proskauer Rose LLP 11 New York, NY 10036 (212) 969-3155 |
CALCULATION OF FILING FEE
Transaction Valuation* | Amount of Filing Fee** | |
$281,667,218 | $28,363.89 | |
* | The transaction valuation is estimated solely for purposes of calculating the filing fee. The calculation assumes the purchase of all outstanding shares of common stock, par value $0.01 per share (the Shares) of Federal-Mogul Holdings Corporation (the Company) not beneficially owned by IEH FM Holdings LLC, a Delaware limited liability company (the Offeror), at a purchase price of $9.25 per Share, net to the seller in cash. According to the Companys Quarterly Report on Form 10-Q for the quarter ended June 30, 2016, filed with the SEC on July 27, 2016, 169,040,651 Shares were outstanding as of July 25, 2016, of which 138,590,141 are held by the Offeror. Accordingly, this calculation assumes the purchase of 30,450,510 Shares. |
** | The amount of the filing fee is calculated in accordance with Rule 0-11 of the Securities Exchange Act of 1934, as amended, and Fee Rate Advisory # 1 for Fiscal Year 2016 issued by the Securities and Exchange Commission, by multiplying the transaction valuation by 0.0001007. |
¨ | 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: n/a | Filing Party: n/a | |
Form or Registration No.: n/a | Date Filed: n/a |
¨ | Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. |
Check the appropriate boxes below 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. |
x | going-private transaction subject to Rule 13e-3. |
x | 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: ¨
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Page 2 of 16 – SEC Filing
SCHEDULE 13D
CUSIP No. 313549 404 |
1 | NAME OF IEH FM Holdings LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER (a) ¨ (b) ¨ | |||||
3 | SEC USE ONLY | |||||
4 | SOURCE OF FUNDS WC | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL | |||||
6 | CITIZENSHIP OR PLACE OF Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 138,590,141 | ||||
8 | SHARED VOTING POWER 0 | |||||
9 | SOLE DISPOSITIVE POWER 138,590,141 | |||||
10 | SHARED DISPOSITIVE POWER 0 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 138,590,141 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT 82.0% | |||||
14 | TYPE OF REPORTING PERSON OO |
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Page 3 of 16 – SEC Filing
SCHEDULE 13D
CUSIP No. 313549 404 |
1 | NAME OF American Entertainment | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER (a) ¨ (b) ¨ | |||||
3 | SEC USE ONLY | |||||
4 | SOURCE OF FUNDS | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL | |||||
6 | CITIZENSHIP OR PLACE OF Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 0 | ||||
8 | SHARED VOTING POWER 138,590,141 | |||||
9 | SOLE DISPOSITIVE POWER 0 | |||||
10 | SHARED DISPOSITIVE POWER 138,590,141 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 138,590,141 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT 82.0% | |||||
14 | TYPE OF REPORTING PERSON CO |
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Page 4 of 16 – SEC Filing
SCHEDULE 13D
CUSIP No. 313549 404 |
1 | NAME OF Icahn Building LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER (a) ¨ (b) ¨ | |||||
3 | SEC USE ONLY | |||||
4 | SOURCE OF FUNDS WC | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL | |||||
6 | CITIZENSHIP OR PLACE OF Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 0 | ||||
8 | SHARED VOTING POWER 138,590,141 | |||||
9 | SOLE DISPOSITIVE POWER 0 | |||||
10 | SHARED DISPOSITIVE POWER 138,590,141 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 138,590,141 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT 82.0% | |||||
14 | TYPE OF REPORTING PERSON OO |
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Page 5 of 16 – SEC Filing
SCHEDULE 13D
CUSIP No. 313549 404 |
1 | NAME OF Icahn Enterprises Holdings | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER (a) ¨ (b) ¨ | |||||
3 | SEC USE ONLY | |||||
4 | SOURCE OF FUNDS | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL | |||||
6 | CITIZENSHIP OR PLACE OF Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 0 | ||||
8 | SHARED VOTING POWER 138,590,141 | |||||
9 | SOLE DISPOSITIVE POWER 0 | |||||
10 | SHARED DISPOSITIVE POWER 138,590,141 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 138,590,141 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT 82.0% | |||||
14 | TYPE OF REPORTING PERSON PN |
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Page 6 of 16 – SEC Filing
SCHEDULE 13D
CUSIP No. 313549 404 |
1 | NAME OF Icahn Enterprises G.P. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER (a) ¨ (b) ¨ | |||||
3 | SEC USE ONLY | |||||
4 | SOURCE OF FUNDS | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL | |||||
6 | CITIZENSHIP OR PLACE OF Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 0 | ||||
8 | SHARED VOTING POWER 138,590,141 | |||||
9 | SOLE DISPOSITIVE POWER 0 | |||||
10 | SHARED DISPOSITIVE POWER 138,590,141 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 138,590,141 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT 82.0% | |||||
14 | TYPE OF REPORTING PERSON CO |
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Page 7 of 16 – SEC Filing
SCHEDULE 13D
CUSIP No. 313549 404 |
1 | NAME OF Beckton Corp. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER (a) ¨ (b) ¨ | |||||
3 | SEC USE ONLY | |||||
4 | SOURCE OF FUNDS | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL | |||||
6 | CITIZENSHIP OR PLACE OF Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 0 | ||||
8 | SHARED VOTING POWER 138,590,141 | |||||
9 | SOLE DISPOSITIVE POWER 0 | |||||
10 | SHARED DISPOSITIVE POWER 138,590,141 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 138,590,141 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT 82.0% | |||||
14 | TYPE OF REPORTING PERSON CO |
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Page 8 of 16 – SEC Filing
SCHEDULE 13D
CUSIP No. 313549 404 |
1 | NAME OF Carl C. Icahn | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER (a) ¨ (b) ¨ | |||||
3 | SEC USE ONLY | |||||
4 | SOURCE OF FUNDS | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL | |||||
6 | CITIZENSHIP OR PLACE OF United States of America |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: | 7 | SOLE VOTING POWER 0 | ||||
8 | SHARED VOTING POWER 138,590,141 | |||||
9 | SOLE DISPOSITIVE POWER 0 | |||||
10 | SHARED DISPOSITIVE POWER 138,590,141 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 138,590,141 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT 82.0% | |||||
14 | TYPE OF REPORTING PERSON IN |
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Page 9 of 16 – SEC Filing
This Tender Offer Statement filed under cover of Schedule TO (the Schedule TO)
relates to the offer by IEH FM Holdings LLC, a Delaware limited liability company (the Offeror) and a wholly owned subsidiary of American Entertainment Properties Corp., a Delaware corporation (Parent), to
purchase all outstanding shares of common stock, par value $0.01 per share (the Shares), of Federal-Mogul Holdings Corporation, a Delaware corporation (the Company), that are not already owned by the Offeror at
$9.25 per Share, net to the seller in cash, without interest and less any applicable tax withholding, and on the other terms and subject to the other conditions specified in the Offer to Purchase, dated September 26, 2016 (the Offer to
Purchase), and in the related Letter of Transmittal, copies of which are attached hereto as Exhibits (a)(1)(i) and (a)(1)(ii), respectively (which, together with any amendments or supplements thereto, collectively constitute the
Offer). The Schedule TO also constitutes an amendment to the Schedule 13D of Parent and the Offeror, as previously amended.
The information set forth in the Offer to Purchase, including all schedules thereto, is hereby expressly incorporated herein by reference in
response to all of the items of this Schedule TO.
Item 1. Summary Term Sheet
Item 1001 of Regulation M-A
The
information set forth in the Offer to Purchase under Summary Term Sheet is incorporated herein by reference.
Item 2. Subject Company
Information
Item 1002(a)-(c) of Regulation M-A
(a) The information set forth in the Offer to Purchase under the The OfferSection 8Certain Information Concerning the
Company is incorporated herein by reference.
(b) The information set forth in the Offer to Purchase under Introduction
is incorporated herein by reference.
(c) The information set forth in the Offer to Purchase under Summary Term Sheet and
The OfferSection 6Price Range of Shares; Dividends is incorporated herein by reference.
Item 3. Identity and Background
of Filing Person
Item 1003(a)-(c) of Regulation M-A
(a) The information set forth in the Offer to Purchase under Summary Term Sheet, The OfferSection 9Certain
Information Concerning the Offeror and Parent and Schedule AExecutive Officers and Directors of IEH FM Holdings LLC, American Entertainment Properties Corp., Icahn Building LLC, Icahn Enterprises Holdings L.P., Icahn Enterprises
L.P., Icahn Enterprises G.P. Inc. and Beckton Corp. is incorporated herein by reference.
(b) The information set forth in the Offer
to Purchase under The OfferSection 9Certain Information Concerning the Offeror and Parent is incorporated herein by reference.
(c) The information set forth in the Offer to Purchase under The OfferSection 9Certain Information Concerning the Offeror
and Parent and Schedule AExecutive Officers and Directors of IEH FM Holdings LLC, American Entertainment Properties Corp., Icahn Building LLC, Icahn Enterprises Holdings L.P., Icahn Enterprises L.P., Icahn Enterprises G.P. Inc. and
Beckton Corp. is incorporated herein by reference.
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Page 10 of 16 – SEC Filing
Item 4. Terms of the Transaction
Item 1004(a) of Regulation M-A
(a)(1)(i) The information set forth in the Offer to Purchase under Summary Term Sheet, Introduction and Special
FactorsSection 7Summary of the Merger Agreement is incorporated herein by reference.
(a)(1)(ii) The information set
forth in the Offer to Purchase under Summary Term Sheet, Introduction and The OfferSection 10Source and Amounts of Funds is incorporated herein by reference.
(a)(1)(iii) The information set forth in the Offer to Purchase under Summary Term Sheet, Introduction and The
OfferSection 1Terms of the Offer is incorporated herein by reference.
(a)(1)(iv) The information set forth in the Offer
to Purchase under Summary Term Sheet is incorporated herein by reference.
(a)(1)(v) The information set forth in the Offer to
Purchase under Summary Term Sheet, The OfferSection 1Terms of the Offer and Special FactorsSection 7Summary of the Merger Agreement is incorporated herein by reference.
(a)(1)(vi) The information set forth in the Offer to Purchase under Summary Term Sheet, Introduction and The
OfferSection 4Withdrawal Rights is incorporated herein by reference.
(a)(1)(vii) The information set forth in the Offer
to Purchase under Summary Term Sheet, Introduction, The OfferSection 3Procedure for Tendering Shares and The OfferSection 4Withdrawal Rights are incorporated herein by
reference.
(a)(1)(viii) The information set forth in the Offer to Purchase under Summary Term Sheet,
Introduction, The OfferSection 1Terms of the Offer, The OfferSection 2Acceptance for Payment and Payment for Shares and The OfferSection 12Conditions of the Offer is
incorporated herein by reference.
(a)(1)(ix) Not applicable.
(a)(1)(x) The information set forth in the Offer to Purchase under Summary Term Sheet, Special FactorsSection
2Purpose of and Reasons for the Offer; Plans for the Company, Special FactorsSection 5Effects of the Offer and the Merger, Special FactorsSection 11Interests of Certain Persons in the
Offer and The OfferSection 7Possible Effects of the Offer and the Merger on the Market for the Shares; NASDAQ Listing; Registration under the Exchange Act; Margin Regulations is incorporated herein by reference.
(a)(1)(xi) Not applicable.
(a)(1)(xii) The information set forth in the Offer to Purchase under Summary Term Sheet and The OfferSection
5Certain U.S. Federal Income Tax Considerations is incorporated herein by reference.
(a)(2)(i) The information set forth in
the Offer to Purchase under Summary Term Sheet, Introduction and Special FactorsSection 7Summary of the Merger Agreement is incorporated herein by reference.
(a)(2)(ii) The information set forth in the Offer to Purchase under Summary Term Sheet, Introduction, Special
FactorsSection 7Summary of the Merger Agreement and The OfferSection 2Acceptance for Payment and Payment of Shares is incorporated herein by reference.
(a)(2)(iii) The information set forth in the Offer to Purchase under Special FactorsSection 2Purpose of and Reasons for the
Offer; Plans for the Company is incorporated herein by reference.
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(a)(2)(iv) The information set forth in the Offer to Purchase under Summary Term
Sheet, Introduction, Special FactorsSection 1Background, Special FactorsSection 3The Recommendation by the Special Committee and the Company Board of Directors, Special
FactorsSection 5Effects of the Offer and the Merger and Special FactorsSection 7Summary of the Merger Agreement is incorporated herein by reference.
(a)(2)(v) The information set forth in the Offer to Purchase under Summary Term Sheet, Special FactorsSection
2Purpose of and Reasons for the Offer; Plans for the Company, Special FactorsSection 5Effects of the Offer and the Merger, Special FactorsSection 8Dissenters Appraisal Rights; Rule 13e-3, Special FactorsSection 11Interests of Certain Persons in the Offer and The OfferSection 7Possible Effects of the Offer and the Merger on the Market for the
Shares; NASDAQ Listing; Registration under the Exchange Act; Margin Regulations is incorporated herein by reference.
(a)(2)(vi) Not
applicable.
(a)(2)(vii) The information set forth in the Offer to Purchase under Summary Term Sheet and The
OfferSection 5Certain U.S. Federal Income Tax Considerations is incorporated herein by reference.
Item 5. Past Contacts,
Transactions, Negotiations and Agreements
Item 1005(a)-(b) of Regulation M-A
(a) The information set forth in the Offer to Purchase under Special FactorsSection 1Background, Special
FactorsSection 9Transactions and Arrangements Concerning the Shares, Special FactorsSection 10Related Party Transactions and Special FactorsSection 11Interests of Certain Persons in the
Offer is incorporated herein by reference.
(b) The information set forth in the Offer to Purchase under Special
FactorsSection 1Background, Special FactorsSection 7Summary of the Merger Agreement, Special FactorsSection 9Transactions and Arrangements Concerning the Shares and Special
FactorsSection 10Related Party Transactions is incorporated herein by reference.
Item 6. Purposes of the Transaction and Plans or
Proposals
Item 1006(a) and (c)(1)-(7)
(a) The information set forth in the Offer to Purchase under Summary Term Sheet, Introduction and Special
FactorsSection 2Purpose of and Reasons for the Offer; Plans for the Company is incorporated herein by reference.
(c)(1)
The information set forth in the Offer to Purchase under Summary Term Sheet, Introduction, Special FactorsSection 1Background, Special FactorsSection 2Purpose of and Reasons for the
Offer; Plans for the Company and Special FactorsSection 7Summary of the Merger Agreement is incorporated herein by reference.
(c)(2) The information set forth in the Offer to Purchase under Summary Term Sheet, Introduction and Special
FactorsSection 2Purpose of and Reasons for the Offer; Plans for the Company is incorporated herein by reference.
(c)(3)
The information set forth in the Offer to Purchase under Summary Term Sheet, Special FactorsSection 2Purpose of and Reasons for the Offer; Plans for the Company, Special FactorsSection 4Our
Position Regarding Fairness of the Transaction, Special FactorsSection 7Summary of the Merger Agreement, The OfferSection 6Price Range of Shares; Dividends and The OfferSection
11Dividends and Distributions is incorporated herein by reference.
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Page 12 of 16 – SEC Filing
(c)(4) The information set forth in the Offer to Purchase under Special
FactorsSection 2Purpose of and Reasons for the Offer; Plans for the Company and Special FactorsSection 7Summary of the Merger Agreement is incorporated herein by reference.
(c)(5) The information set forth in the Offer to Purchase under Summary Term Sheet, Introduction, Special
FactorsSection 2Purpose of and Reasons for the Offer; Plans for the Company, Special FactorsSection 5Effects of the Offer and the Merger and The OfferSection 7Possible Effects of the Offer
and the Merger on the Market for the Shares; NASDAQ Listing; Registration under the Exchange Act; Margin Regulations is incorporated herein by reference.
(c)(6) The information set forth in the Offer to Purchase under Summary Term Sheet, Introduction, Special
FactorsSection 2Purpose of and Reasons for the Offer; Plans for the Company, Special FactorsSection 5Effects of the Offer and the Merger and The OfferSection 7Possible Effects of the Offer
and the Merger on the Market for the Shares; NASDAQ Listing; Registration under the Exchange Act; Margin Regulations is incorporated herein by reference.
(c)(7) The information set forth in the Offer to Purchase under Summary Term Sheet, Introduction, Special
FactorsSection 2Purpose of and Reasons for the Offer; Plans for the Company, Special FactorsSection 5Effects of the Offer and the Merger and The OfferSection 7Possible Effects of the Offer
and the Merger on the Market for the Shares; NASDAQ Listing; Registration under the Exchange Act; Margin Regulations is incorporated herein by reference.
Item 7. Source and Amount of Funds or Other Consideration
Item 1007(a), (b) and (d) of Regulation M-A
(a) The information set forth in the Offer to Purchase under Summary Term Sheet and The
OfferSection 10Source and Amount of Funds is incorporated herein by reference.
(b) Not applicable.
(d) Not applicable.
Item 8. Interest in
Securities of the Subject Company
Item 1008 of Regulation M-A
(a) The information set forth in the Offer to Purchase under Introduction, Special FactorsSection 9Transactions
and Arrangements Concerning the Shares and Schedule BSecurity Ownership of Certain Beneficial Owners is incorporated herein by reference.
(b) The information set forth in the Offer to Purchase under Introduction, Special FactorsSection 9Transactions
and Arrangements Concerning the Shares, Special FactorsSection 10Related Party Transactions and Schedule BSecurity Ownership of Certain Beneficial Owners is incorporated herein by reference.
Item 9. Persons/Assets, Retained, Employed, Compensated or Used
Item 1009(a) of Regulation M-A
(a)
The information set forth in the Offer to Purchase under The OfferSection 14Fees and Expenses is incorporated herein by reference.
Item 10. Financial Statements.
Item 1010(a)
and (b) of Regulation M-A
(a)-(b) Not material.
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Page 13 of 16 – SEC Filing
Item 11. Additional Information
Item 1011 (a) of Regulation M-A
(a)(1) The information set forth in the Offer to Purchase under Summary Term Sheet, Introduction, Special
FactorsSection 2Purpose of and Reasons for the Offer; Plans for the Company, Special FactorsSection 7Summary of the Merger Agreement, Special FactorsSection 9Transactions and Arrangements
Concerning the Shares, Special FactorsSection 11Interests of Certain Persons in the Offer and The OfferSection 12Conditions of the Offer is incorporated herein by reference.
(a)(2) The information set forth in the Offer to Purchase under Summary Term Sheet, Introduction, Special
FactorsSection 8Dissenters Appraisal Rights; Rule 13e-3, The OfferSection 13Certain Legal Matters; Regulatory Approvals and Schedule CGeneral Corporation Law of Delaware Section 262
Appraisal Rights is incorporated herein by reference.
(a)(3) The information set forth in the Offer to Purchase under
Introduction, The OfferSection 13Certain Legal Matters; Regulatory Approvals is incorporated herein by reference.
(a)(4) The information set forth in the Offer to Purchase under The OfferSection 7Possible Effects of the Offer and the
Merger on the Market for the Shares; NASDAQ Listing; Registration under the Exchange Act; Margin Regulations is incorporated herein by reference.
(a)(5) The information set forth in the Offer to Purchase under The OfferSection 13Certain Legal Matters; Regulatory
Approvals is incorporated herein by reference.
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Page 14 of 16 – SEC Filing
Item 12. Exhibits
Item 1016(a), (b), (d), (g) and (h) of Regulation M-A
(a)(1)(i) | Offer to Purchase, dated September 26, 2016. | |
(a)(1)(ii) | Form of Letter of Transmittal. | |
(a)(1)(iii) | Form of Notice of Guaranteed Delivery. | |
(a)(1)(iv) | Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees. | |
(a)(1)(v) | Form of Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees. | |
(a)(1)(vi) | Form of summary advertisement, published on September 26, 2016, in The New York Times. | |
(a)(5)(i) | Letter dated February 28, 2016 to the Board of Directors of the Company (incorporated by reference to Exhibit 1 to the Schedule 13D amendment filed by the Company with the Securities and Exchange Commission on February 29, 2016). | |
(a)(5)(ii) | Letter dated June 17, 2016 to the Board of Directors of the Company (incorporated by reference to Schedule 13D amendment filed by the Company with the Securities and Exchange Commission on June 20, 2016). | |
(a)(5)(iii) | Joint Press Release issued by Icahn Enterprises L.P. and the Company on September 6, 2016 (incorporated by reference to the Schedule TO-C filed by Parent and the Offeror with the Securities and Exchange Commission on February 29, 2016). | |
(a)(5)(iv) | Press Release issued by Icahn Enterprises L.P. on September 26, 2016. | |
(b) | None. | |
(d)(1) | Agreement and Plan of Merger, dated September 6, 2016, by and among Parent, the Offeror and the Company (incorporated by reference to Exhibit 2.1 to Icahn Enterprises L.P.s Current Report on Form 8-K filed with the SEC on September 7, 2016. | |
(g) | None. | |
(h) | None. |
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Page 15 of 16 – SEC Filing
SIGNATURE
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.
Date: September 26, 2016
IEH FM HOLDINGS LLC By: Icahn Enterprises Holdings L.P., its sole member By: Icahn Enterprises G.P. Inc., its general partner | ||
By: | /s/ SungHwan Cho | |
Name: SungHwan Cho Title: Chief Financial Officer |
AMERICAN ENTERTAINMENT PROPERTIES CORP. | ||
By: | /s/ SungHwan Cho | |
Name: SungHwan Cho Title: Chief Financial Officer |
ICAHN BUILDING LLC By: Icahn Enterprises Holdings L.P., its sole member By: Icahn Enterprises G.P. Inc., its general partner | ||
By: | /s/ SungHwan Cho | |
Name: SungHwan Cho Title: Chief Financial Officer |
ICAHN ENTERPRISES HOLDINGS L.P. By: Icahn Enterprises G.P. Inc., its general partner | ||
By: | /s/ SungHwan Cho | |
Name: SungHwan Cho Title: Chief Financial Officer |
ICAHN ENTERPRISES G.P. INC. | ||
By: | /s/ SungHwan Cho | |
Name: SungHwan Cho Title: Chief Financial Officer |
BECKTON CORP. | ||
By: | /s/ Edward E. Mattner | |
Name: Edward E. Mattner Title: Authorized Signatory |
CARL C. ICAHN | ||
/s/ Carl C. Icahn | ||
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Page 16 of 16 – SEC Filing
EXHIBIT INDEX
Item 1016(a), (b), (d), (g) and (h) of Regulation M-A
(a)(1)(i) | Offer to Purchase, dated September 26, 2016. | |
(a)(1)(ii) | Form of Letter of Transmittal. | |
(a)(1)(iii) | Form of Notice of Guaranteed Delivery. | |
(a)(1)(iv) | Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees. | |
(a)(1)(v) | Form of Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees. | |
(a)(1)(vi) | Form of summary advertisement, published on September 26, 2016, in The New York Times. | |
(a)(5)(i) | Letter dated February 28, 2016 to the Board of Directors of the Company (incorporated by reference to Exhibit 1 to the Schedule 13D amendment filed by the Company with the Securities and Exchange Commission on February 29, 2016). | |
(a)(5)(ii) | Letter dated June 17, 2016 to the Board of Directors of the Company (incorporated by reference to Schedule 13D amendment filed by the Company with the Securities and Exchange Commission on June 20, 2016). | |
(a)(5)(iii) | Joint Press Release issued by Icahn Enterprises L.P. and the Company on September 6, 2016 (incorporated by reference to the Schedule TO-C filed by Parent and the Offeror with the Securities and Exchange Commission on February 29, 2016). | |
(a)(5)(iv) | Press Release issued by Icahn Enterprises L.P. on September 26, 2016. | |
(b) | None. | |
(d)(1) | Agreement and Plan of Merger, dated September 6, 2016, by and among Parent, the Offeror and the Company (incorporated by reference to Exhibit 2.1 to Icahn Enterprises L.P.s Current Report on Form 8-K filed with the SEC on September 7, 2016. | |
(g) | None. | |
(h) | None. |