SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE TO
(Rule 14d-100)
TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
SPECTRA-PHYSICS, INC.
(Name of Subject Company) (Issuer)
THERMO ELECTRON CORPORATION
(Name of Filing Person) (Offeror)
COMMON STOCK, $0.01 PAR VALUE PER SHARE
(Title of Class of Securities)
847568 10 2
(CUSIP Number of Class of Securities)
Seth H. Hoogasian, Esq.
General Counsel
Thermo Electron Corporation
81 Wyman Street
Waltham, Massachusetts 02454-9046
(781) 622-1000
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications on Behalf of Filing Person)
with a copy to:
Neil H. Aronson, Esq.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
One Financial Center
Boston, Massachusetts 02111
(617) 542-6000
CALCULATION OF FILING FEE
Transaction Valuation: Filing relates solely to preliminary communications made
before the commencement of a tender offer.
Amount of Filing Fee: None.
---------------------------------------
[ ] 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: Not applicable
Form or Registration No.: Not applicable
Filing Party: Not applicable
Date Filed: Not applicable
[X] 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: [ ]
THERMO ELECTRON REEVALUATING TERMS OF SPECTRA-PHYSICS TENDER OFFER
WALTHAM, Mass., September 26, 2001 - Thermo Electron Corporation (NYSE:TMO)
announced today that it is delaying the commencement of its cash tender offer
for shares of its Spectra-Physics Inc. (NASDAQ:SPLI) subsidiary while it
reevaluates the offer price of $20.00 per share. The company is taking this
action in order to analyze the impact on Spectra-Physics of the worsening
economic conditions associated with the recent terrorist attacks. Thermo
Electron expects to complete this analysis in the next four to six weeks. The
revised tender offer commencement date and any change to the offer price will be
announced at that time. Thermo Electron had planned to initiate a tender offer
by the end of September for all outstanding shares of Spectra-Physics common
stock held by minority shareholders.
Thermo Electron Corporation is a global leader in providing
technology-based instruments, components, and systems that offer total solutions
for markets ranging from life sciences to telecommunications to food, drug, and
beverage production. The company's powerful technologies help researchers sift
through data to make discoveries that will fight disease or prolong life. They
allow manufacturers to fabricate critical components required to increase the
speed and quality of communications. And they automatically monitor and control
online production to ensure that quality standards are met safely and
efficiently. Thermo Electron, based in Waltham, Massachusetts, reported $2.3
billion in revenues in 2000 and employs approximately 12,000 people worldwide.
For more information on Thermo Electron, visit http://www.thermo.com.
OTHER IMPORTANT INFORMATION:
The tender offer described in this announcement for the outstanding shares of
Spectra-Physics common stock has not yet commenced. Once the tender offer
commences, we will file a tender offer statement with the Securities and
Exchange Commission. You should read the tender offer statement when it becomes
available because it will contain important information about the tender offer.
You can obtain a tender offer statement, and other documents that are filed with
the Securities and Exchange Commission, for free when they are available on the
Securities and Exchange Commission's Web site at http://www.sec.gov. Also, if
you write us or call us, we will send you these documents for free when they are
available.
o Tender offer statement (except for exhibits)
o Offer to purchase
o Letter of transmittal
o Notice of guaranteed delivery
You can call us at (781) 622-1111, or write to us at:
INVESTOR RELATIONS DEPARTMENT
THERMO ELECTRON CORPORATION
81 WYMAN STREET, P.O. BOX 9046
WALTHAM, MA 02454-9046
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