- Amended Statement of Ownership: Solicitation (SC 14D9/A)
16 Enero 2013 - 4:15PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 14D-9
SOLICITATION/RECOMMENDATION STATEMENT
UNDER SECTION 14(d)(4) OF THE
SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)
Westway Group, Inc.
(Name of Subject Company)
Westway Group,
Inc.
(Names of Person Filing Statement)
Class A Common Stock, par value $0.0001 per share
Class B Common Stock, par value $0.0001 per share
Series A
Perpetual Convertible Preferred Stock, par value $0.0001 per share
Warrants, exercise price of $5.00 per share of
Class A Common Stock
(Title of Class of Securities)
96169B100
(CUSIP Number for Class A Common Stock)
James B. Jenkins
Chief Executive Officer
Westway Group, Inc.
365 Canal Street, Suite 2900
New Orleans, LA 70130
(504) 525-9741
(Name, Address and Telephone Number of Person Authorized to Receive
Notice and Communications on Behalf of the Person Filing Statement)
With copies to:
Craig L. Godshall, Esq.
Stephen M. Leitzell, Esq
Dechert LLP
2929 Arch Street, 21
st
Floor
Philadelphia, PA 19104
(215) 994-4000
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Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
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This Amendment No. 2 (this
Amendment
) amends and supplements the
Solicitation/Recommendation Statement on Schedule 14D-9 (as amended or supplemented from time to time, the
Statement
) originally filed with the U.S. Securities and Exchange Commission (the
SEC
) by Westway Group,
Inc., a Delaware corporation (the
Company
) on December 31, 2012 and amended by Amendment No. 1 thereto, filed with the SEC on January 7, 2013. The Statement relates to the cash tender offer by Bishop Infrastructure
III Acquisition Company, Inc., a Delaware corporation (
Purchaser
) and a wholly owned direct subsidiary of Bishop Infrastructure II Acquisition Company, Inc., a Delaware corporation (
Parent
). Parent is a
controlled affiliate of EQT Infrastructure II Limited Partnership, a limited partnership registered under the laws of England and Wales (the
Guarantor
), as disclosed in the Tender Offer Statement on Schedule TO filed by Parent,
Purchaser and Guarantor with the U.S. Securities and Exchange Commission (the
SEC
) on December 31, 2012 (as amended or supplemented from time to time, the
Schedule TO
). The Schedule TO relates to
Purchasers offer to purchase for cash: (i) all of the outstanding shares of Common Stock at a purchase price of $6.70 per share of Common Stock, (ii) all of the outstanding Warrants to purchase Common Stock at a purchase price per
share of Common Stock subject to each such Warrant of $1.70, and (iii) all of the outstanding shares of Preferred Stock at a purchase price of $6.79 per share of Preferred Stock (each an applicable
Offer Price
), net to the
seller thereof in cash, without interest thereon and less any applicable withholding taxes, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated December 31, 2012 (the
Offer to Purchase
), and
the related letters of transmittal (the
Letters of Transmittal
, which, together with the Offer to Purchase, as each may be amended or supplemented from time to time, constitute the
Offer
). Capitalized terms used
in this Amendment but not defined herein shall have the respective meaning given to such terms in the Statement.
The
information set forth in the Statement remains unchanged and is incorporated herein by reference, except that such information is hereby amended or supplemented to the extent specifically provided herein.
Item 2
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Identity and Background of the Filing Person
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The second paragraph under the subsection Offer is hereby amended and supplemented by adding the following sentences at the end of such paragraph:
On January 14, 2013, the Company, Parent and Purchaser entered into Amendment No. 1 to the Merger Agreement (the
Merger Agreement Amendment
). A copy of the Merger Agreement Amendment is filed as Exhibit (e)(19) hereto and is incorporated herein by reference.
Item 3.
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Past Contacts, Transactions, Negotiations and Agreements
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The first paragraph under the heading Arrangements Between the Company and its Directors, Executive Officers and Affiliates and subheading Merger Agreement is hereby amended and
restated in its entirety:
On December 20, 2012, the Company, Parent and Purchaser entered into the Merger
Agreement. On January 14, 2013, the Company, Parent and Purchaser entered into the Merger Agreement Amendment. A summary of the Merger Agreement is contained in the Offer to Purchase and is incorporated herein by reference. The Merger Agreement
Amendment clarifies the manner of expression of a condition of the tender offer, as reflected in sub-paragraph (f) of Section 2 Certain Conditions of the Offer in the Offer to Purchase, as amended on January 7, 2013
and January 14, 2013. The above-referenced summary of the Merger Agreement and explanation of the Merger Agreement Amendment does not purport to be complete and is qualified in its entirety by reference to the Merger Agreement and Merger
Agreement Amendment, copies of which are filed as Exhibit (e)(1) and (e)(19) hereto, respectively, and are incorporated herein by reference.
Item 4
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The Solicitation or Recommendation
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The
subsection Background of the Offer and the Merger in the section Background of the Offer and the Merger; Reasons for the Recommendation of the Board is hereby amended and supplemented by inserting the following new paragraph
after the last
paragraph thereof:
On January 14, 2013, the Company, Parent and Purchaser entered
into the Merger Agreement Amendment.
Item 9.
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Materials to Be Filed as Exhibits
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Item 9. Materials to Be Filed as Exhibits of the Statement is hereby amended and supplemented by adding the following after
exhibit (e)(19)
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Exhibit
No.
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Document
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(e)(20)
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Amendment No. 1 to Agreement and Plan of Merger, dated January 14, 2013, by and among Parent, Purchaser and the Company (incorporated by reference to Exhibit 99.1 to the
Companys Current Report on Form 8-K filed with the SEC on January 16, 2013).
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SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Amendment is true, complete and correct.
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WESTWAY GROUP, INC.
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Date: January 16, 2013
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By:
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/s/ Thomas A. Masilla, Jr.
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Name:
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Thomas A. Masilla, Jr.
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Title:
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Chief Financial Officer
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Westway Grp., Inc. (MM) (NASDAQ:WWAY)
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