INTRODUCTION
This Transaction Statement on
Schedule 13E-3
(this
Schedule
13E-3
) is being filed by Intersections Inc., a Delaware corporation (the
Company
), in connection with a tender offer by WC SACD One, Inc., WC
SACD One Parent, Inc., WC SACD One Merger Sub, Inc., iSubscribed Inc., WndrCo Holdings, LLC, General Catalyst Group IX, L.P., and GC Entrepreneurs Fund IX, L.P. (the
Offerors
), to purchase all of the outstanding shares of common
stock, par value $0.01 per share (the
Shares
), of the Company at a price of $3.68 per Share in cash. The tender offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase, dated
November 29, 2018 (the
Offer to Purchase
), and in the related Letter of Transmittal (which together with any amendments or supplements thereto constitute the
Offer
), each as originally filed with the Tender
Offer Statement of the Offerors with the Securities and Exchange Commission (the
SEC
) on November 29, 2018 (the
Schedule
TO
). Unless otherwise defined herein, capitalized terms used in
this
Schedule 13E-3
shall have the meanings assigned to them in the Offer to Purchase or, as applicable, in the Solicitation/Recommendation Statement on
Schedule 14D-9
(the
Schedule
14D-9
) that has been filed by the Company in response to the Offer.
The information contained in the Offer to Purchase and the
Schedule 14D-9,
including all schedules and annexes
thereto, is expressly incorporated by reference to the extent such information is required in response to the items of this
Schedule 13E-3,
and is supplemented by the information specifically provided
herein.
The responses to each item in this
Schedule 13E-3
are qualified in their entirety by the information
contained in the Offer to Purchase and the
Schedule 14D-9.
All information contained in this
Schedule 13E-3
concerning the Company and the Offerors has been
provided by such person and not by any other person.
The cross references below are being supplied pursuant to General Instruction G to
Schedule 13E-3
and show the location in the Schedule TO and/or
Schedule 14D-9
of the information required to be included in response to the items of
Schedule 13E-3.
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 of Regulation
M-A
(a)
Name and Address
. The information set forth in the
Schedule 14D-9
under Item 1. Subject Company
Information and the information set forth in the Offer to Purchase under The OfferSection 8Certain Information Concerning the Company is incorporated herein by reference.
(b)
Securities
. The information set forth in the
Schedule 14D-9
under Item 1. Subject Company
Information and the information set forth in the Offer to Purchase under Introduction is incorporated herein by reference.
(c)
Trading Marking and Price
. The information set forth in the Offer to Purchase under The OfferSection 6Price Range of Shares; Dividends is incorporated herein by reference.
(d)
Dividends
. The information set forth in the Offer to Purchase under Summary Term Sheet, The OfferSection 6Price
Range of Shares; Dividends, The OfferSection 12The Merger Agreement and The OfferSection 14Dividends and Distributions is incorporated herein by reference.
(e)
Prior Public Offerings
. Not applicable.
(f)
Prior Stock Purchases
. The information set forth in the Schedule
14D-9
under Item 8. Additional Information(g) Company Repurchases of Common Stock and Item 8. Additional
Information(h) Certain Information Concerning the Companys Directors and Executive OfficersSecurity Ownership of Certain Beneficial Owners and Management is incorporated herein by reference.
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