- Amended Statement of Ownership: Solicitation (SC 14D9/A)
07 December 2010 - 6:23AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE
14D-9/A
Solicitation/Recommendation Statement Under
Section 14(d)(4) of the Securities Exchange Act of 1934
(Amendment
No. 4)
Rewards Network Inc.
(Name of Subject Company)
Rewards Network Inc.
(Name of Persons Filing Statement)
Common stock, $0.02 par value per share
(Title of Class of Securities)
761557206
(CUSIP Number of Class of Securities)
Roya Behnia
Senior Vice President, General Counsel and Secretary
Rewards Network Inc.
Two North Riverside Plaza Suite 950
Chicago, Illinois 60606
(312) 521-6767
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications on Behalf of the Persons Filing Statement)
Copy to:
Timothy J. Melton
Jones Day
77 West Wacker
Chicago, Illinois 60601
(312) 782-3939
¨
|
Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
|
This Amendment No. 4 amends and supplements the Solicitation/Recommendation Statement
on Schedule 14D-9 filed with the Securities and Exchange Commission on November 8, 2010 (as amended or supplemented from time to time, the
Statement
) by Rewards Network Inc., a Delaware corporation (the
Company
). The Statement relates to the cash tender offer by EGI Acquisition, L.L.C., a Delaware limited liability company (
Purchaser
) and a wholly owned indirect subsidiary of EGI Acquisition Parent, L.L.C., a
Delaware limited liability company (
Parent
), disclosed in the combined Tender Offer Statement and Rule 13e-3 Transaction Statement filed under cover of Schedule TO, dated November 8, 2010 (as amended or supplemented from time
to time, the
Schedule TO
) and filed with the Securities and Exchange Commission by Purchaser and Parent, to purchase all of the issued and outstanding shares of common stock, $0.02 par value per share (the
Shares
), of the Company, other than Shares owned by Parent and Purchaser, at a purchase price of $13.75 per Share, net to the seller in cash, without interest and less any applicable withholding taxes (such price per Share, or if
increased, such higher price per Share, the
Offer Price
), upon the terms and subject to the conditions set forth in the Offer to Purchase, dated November 8, 2010 (as amended or supplemented from time to time, the
Offer to Purchase
), and in the related Letter of Transmittal (as amended or supplemented from time to time, the
Letter of Transmittal
and, together with the Offer to Purchase, the
Offer
).
Item 2.
|
Identity and Background of Filing Person.
|
Item 2 of the Statement is hereby amended and supplemented by adding the following sentence to the end of the first paragraph under Tender Offer:
On December 6, 2010, Purchaser announced that it had extended the expiration of the Offer to 12:00 midnight, New York City
time, on Monday, December 13, 2010.
Item 9 of
the Statement is hereby amended and supplemented by adding the following exhibit:
|
|
|
Exhibit No.
|
|
Description
|
|
|
(a)(11)
|
|
Press Release issued by Equity Group Investments, L.L.C., dated December 6, 2010 (incorporated by reference to Exhibit (a)(5)(C) to the Schedule TO).
|
2
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.
Dated: December 6, 2010
|
|
|
REWARDS NETWORK INC.
|
|
|
By:
|
|
/s/ Roya Behnia
|
Name:
|
|
Roya Behnia
|
Title:
|
|
Senior Vice President, General Counsel and Secretary
|
EXHIBIT INDEX
|
|
|
Exhibit No.
|
|
Description
|
|
|
(a)(1)
|
|
Offer to Purchase, dated November 8, 2010 (incorporated by reference to Exhibit (a)(1)(i) to the Schedule TO).
|
|
|
(a)(2)
|
|
Letter of Transmittal (incorporated by reference to Exhibit (a)(1)(ii) to the Schedule TO).
|
|
|
(a)(3)
|
|
Notice of Guaranteed Delivery (incorporated by reference to Exhibit (a)(1)(iii) to the Schedule TO).
|
|
|
(a)(4)
|
|
Letter to Brokers, Dealers, Banks, Trust Companies and Other Nominees (incorporated by reference to Exhibit (a)(1)(iv) to the Schedule TO).
|
|
|
(a)(5)
|
|
Letter to Clients for use by Brokers, Dealers, Banks, Trust Companies and Other Nominees (incorporated by reference to Exhibit (a)(1)(v) to the Schedule TO).
|
|
|
(a)(6)
|
|
Summary Advertisement to be published in The New York Times on November 8, 2010 (incorporated by reference to Exhibit (a)(1)(vi) to the Schedule TO).
|
|
|
(a)(7)
|
|
Press release issued by the Company, dated October 28, 2010 (incorporated by reference to Exhibit 99.2 to the Companys Current Report on Form 8-K filed on October 28,
2010).
|
|
|
(a)(8)*
|
|
Letter to stockholders of the Company, dated November 8, 2010.
|
|
|
(a)(9)*
|
|
Complaint of Discovery Partners, on behalf of itself and all others similarly situated, against Ronald L. Blake, Donald J. Liebentritt, Raymond A. Gross, F. Philip Handy, Marc C.
Patricelli, Michael J. Soenen, Mark R. Sotir, the Company and EGI, Case No. 10CH48639, filed in the Circuit Court of Cook County, Illinois on November 10, 2010.
|
|
|
(a)(10)*
|
|
Memorandum of Understanding, dated as of November 30, 2010, in relation to Discovery Partners, on behalf of itself and all others similarly situated, vs. Ronald L. Blake, Donald J.
Liebentritt, Raymond A. Gross, F. Philip Handy, Marc C. Particelli, Michael J. Soenen, Mark R. Sotir, the Company and EGI, Case No. 10CH48639.
|
|
|
(a)(11)
|
|
Press Release issued by Equity Group Investments, L.L.C., dated December 6, 2010 (incorporated by reference to Exhibit (a)(5)(C) to the Schedule TO).
|
|
|
(e)(1)
|
|
Agreement and Plan of Merger, dated as of October 28, 2010, by and among the Company, Purchaser and Parent (incorporated by reference to Exhibit 2.1 of the Companys Current
Report on Form 8-K filed on October 28, 2010).
|
|
|
(e)(2)*
|
|
Confidentiality Agreement, dated as of May 17, 2010, by and between the Company and Parent.
|
|
|
(e)(3)
|
|
Tender and Support Agreement, dated as of October 28, 2010 by and among Samstock, L.L.C., EGI-Fund (00) Investors, L.L.C., EGI-Fund (05-07) Investors, L.L.C., EGI-Fund (08-10)
Investors, L.L.C., Parent and Purchaser (incorporated by reference to Exhibit 10.1 of the Companys Current Report on Form 8-K filed on October 28, 2010).
|
|
|
(e)(4)
|
|
Limited Guarantee, dated October 28, 2010, by EGI-Fund (08-10) Investors, L.L.C. (incorporated by reference to Exhibit 99.1 of the Companys Current Report on Form 8-K filed on
October 28, 2010).
|
|
|
(e)(5)
|
|
Rewards Network Inc. 2004 Long-Term Incentive Plan (incorporated by reference to Exhibit 10.2 to the Companys Quarterly Report on Form 10-Q filed on August 5,
2004).
|
|
|
(e)(6)
|
|
Amendment No. 1 to the Rewards Network Inc. 2004 Long-Term Incentive Plan (incorporated by reference to Exhibit 10.3 to the Companys Quarterly Report on Form 10-Q filed on
August 5, 2004).
|
|
|
(e)(7)
|
|
Rewards Network Inc. 2006 Long-Term Incentive Plan (incorporated by reference to Exhibit 10.1 to the Companys Current Report on Form 8-K filed on May 26,
2006).
|
|
|
(e)(8)
|
|
Amendment No. 1 to the Rewards Network Inc. 2006 Long-Term Incentive Plan (incorporated by reference to Exhibit 10.10 to the Companys Annual Report on Form 10-K filed on March
12, 2009).
|
|
|
(e)(9)
|
|
Amendment No. 2 to the Rewards Network Inc. 2006 Long-Term Incentive Plan (incorporated by reference to Exhibit 10.5 to the Companys Current Report on Form 8-K filed on August
18, 2010).
|
|
|
(e)(10)
|
|
Employment Agreement, dated September 13, 2005, between the Company and Ronald L. Blake (incorporated by reference to Exhibit 10.1 to the Companys Current Report on Form 8-K
filed on September 14, 2005).
|
|
|
(e)(11)
|
|
Amendment No. 1 to Employment Agreement, dated December 31, 2008, between the Company and Ronald L. Blake (incorporated by reference to Exhibit 10.23 to the Companys Annual
Report on Form 10-K filed on March 12, 2009).
|
|
|
|
|
|
(e)(12)
|
|
Offer Letter, dated August 10, 2000, between Transmedia Network Services Inc. and Megan E. Flynn (incorporated by reference to Exhibit 10.22 to the Companys Annual Report
on Form 10-K filed on March 15, 2006).
|
|
|
(e)(13)
|
|
Severance, Proprietary Interest Protection and Non-Solicitation Agreement, dated as of March 18, 2005, between Rewards Network Services Inc. and Megan E. Flynn (incorporated by
reference to Exhibit 10.23 to the Companys Annual Report on Form 10-K filed on March 15, 2006).
|
|
|
(e)(14)
|
|
Amendment No. 1 to Severance, Proprietary Interest Protection and Non-Solicitation Agreement, dated as of December 15, 2008, between Rewards Network Services Inc. and Megan E. Flynn
(incorporated by reference to Exhibit 10.26 to the Companys Annual Report on Form 10-K filed on March 12, 2009).
|
|
|
(e)(15)
|
|
Offer Letter, dated April 14, 2005, between Rewards Network Services Inc. and Christopher J. Locke (incorporated by reference to Exhibit 10.24 to the Companys Annual Report on
Form 10-K filed on March 15, 2006).
|
|
|
(e)(16)
|
|
Letter Agreement, dated as of November 7, 2007, between the Company and Christopher J. Locke (incorporated by reference to Exhibit 10.1 to the Companys Quarterly Report on
Form 10-Q filed on November 8, 2007).
|
|
|
(e)(17)
|
|
Amendment to Severance Letter Agreement, dated as of December 10, 2008, between the Company and Christopher J. Locke (incorporated by reference to Exhibit 10.29 to the
Companys Annual Report on Form 10-K filed on March 12, 2009).
|
|
|
(e)(18)
|
|
Offer Letter, dated August 3, 2006, between the Company and Roya Behnia (incorporated by reference to Exhibit 10.6 to the Companys Quarterly Report on Form 10-Q filed on
August 8, 2006).
|
|
|
(e)(19)
|
|
Amendment to Offer Letter, dated December 10, 2008, between the Company and Roya Behnia (incorporated by reference to Exhibit 10.34 to the Companys Annual Report on Form 10-K
filed on March 12, 2009).
|
|
|
(e)(20)
|
|
Form of Change in Control Bonus Letter Agreement (incorporated by reference to Exhibit 10.1 to the Companys Current Report on Form 8-K filed on August 18,
2010).
|
|
|
(e)(21)
|
|
Change in Control Bonus Letter Agreement, dated August 16, 2010, between Rewards Network Inc. and Christopher J. Locke (incorporated by reference to Exhibit 10.2 to the
Companys Current Report on Form 8-K filed on August 18, 2010).
|
|
|
Annex A*
|
|
Opinion of Harris Williams & Co., dated October 27, 2010
|
|
|
Annex B*
|
|
Information Statement of the Company, dated as of November 8, 2010
|
Rewards Network (MM) (NASDAQ:DINE)
Historical Stock Chart
From Aug 2024 to Sep 2024
Rewards Network (MM) (NASDAQ:DINE)
Historical Stock Chart
From Sep 2023 to Sep 2024