- Amended Statement of Ownership: Solicitation (SC 14D9/A)
March 19 2009 - 6:01AM
Edgar (US Regulatory)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14D-9/A
(RULE 14d-101)
SOLICITATION/RECOMMENDATION STATEMENT UNDER SECTION 14(d)(4)
OF THE SECURITIES EXCHANGE ACT OF 1934
Amendment No. 6
PHARMANET DEVELOPMENT GROUP, INC.
(Name of Subject Company)
PHARMANET DEVELOPMENT GROUP, INC.
(Name of Person(s) Filing Statement)
Common Stock, par value $0.001 per share, and
associated Preferred Share Purchase Rights
(Title of Class of Securities)
717148100
(CUSIP Number of Class of Securities)
Jeffrey P. McMullen
Chief Executive Officer
PharmaNet Development Group, Inc.
504 Carnegie Center
Princeton, New Jersey 08540
(609) 951-6800
(Name, Address and Telephone Number of Person
Authorized to Receive
Notices
and Communications on Behalf of the Person(s) Filing
Statement)
With copies
to:
Denis Segota
Emilio
Ragosa
Morgan, Lewis & Bockius LLP
502 Carnegie Center
Princeton, New Jersey 08540
(609) 919-6633
and
Charles M. Nathan
David Kurzweil
Latham & Watkins LLP
885 Third Avenue
New York, New York 10022
(212) 906-1200
o
Check the box if the filing relates solely
to preliminary communications made before the commencement of a tender offer
This Amendment No. 6 (this Amendment No. 6) amends and
supplements the Schedule 14D-9 originally filed with the Securities and
Exchange Commission on February 12, 2009 (as amended from time to time,
the Schedule 14D-9) by PharmaNet Development Group, Inc., a
Delaware corporation (PharmaNet). The
Schedule 14D-9 relates to the tender offer which was commenced by PDGI
Acquisition Corp., a Delaware corporation (Purchaser), to purchase all
outstanding shares of common stock, par value $0.001 per share of PharmaNet,
and the associated rights to purchase shares of Series A Junior
Participating Preferred Stock, par value $0.10 per share, of PharmaNet
(collectively, the Shares), at a price of $5.00 per Share, net to the seller
in cash, without interest and less any applicable withholding taxes, upon the
terms and subject to the conditions set forth in the Offer to Purchase (as it
may be amended or supplemented from time to time, the Offer to Purchase) and
the related Letter of Transmittal (as it may be amended or supplemented from
time to time, the Letter of Transmittal and, together with the Offer to
Purchase, the Offer), copies of which are filed as Exhibits (a)(1)(A) and
(a)(1)(B) to the Schedule 14D-9, respectively. The Offer was made in connection with the
Agreement and Plan of Merger, dated as of February 3, 2009 (as it may be
amended or supplemented from time to time, the Merger Agreement), by and
among JLL PharmaNet Holdings, LLC, a Delaware limited liability company and
Purchasers sole stockholder, Purchaser and PharmaNet, a copy of which is
attached as Exhibit (e)(1) to the Schedule 14D-9.
The information in this Amendment No. 6 is incorporated by
reference to all of the applicable items in the Schedule 14D-9, except
that such information is amended and supplemented to the extent specifically provided
in this Amendment No. 6.
You should read this Amendment No. 6 together with the Schedule
14D-9. Capitalized terms used but not defined herein shall have the meanings
ascribed to such terms in the Schedule 14D-9.
ITEM 8.
ADDITIONAL INFORMATION
Item 8 is hereby amended and supplemented by adding the following
under Other Foreign Laws:
On March 18, 2009, Parent and Purchaser received approval from
the FCO to consummate the Offer and the Merger. In addition, on March 18, 2009, Parent
issued a press release announcing the receipt of such approval from the FCO.
ITEM
9. EXHIBITS
Item 9 is hereby amended and supplemented as follows:
Exhibit No.
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Description
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(a)(5)(E)
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Press Release, dated March 18, 2009 of
Parent (incorporated by reference to Exhibit (a)(5)(B) to the
Schedule TO as filed on March 18, 2009).
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SIGNATURES
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: March 18, 2009
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PHARMANET DEVELOPMENT GROUP, INC.
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By:
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/s/ John P. Hamill
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Name:
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John P. Hamill
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Title:
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EVP and Chief Financial Officer
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EXHIBIT INDEX
Exhibit No.
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Description
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(a)(1)(A)
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Offer to Purchase, dated February 12,
2009 (incorporated by reference to Exhibit (a)(1)(A) to the
Schedule TO filed by Parent and Purchaser on February 12, 2009 (the
Schedule TO)).
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(a)(1)(B)
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Form of Letter of Transmittal
(incorporated by reference to Exhibit (a)(1)(B) to the
Schedule TO).
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(a)(1)(C)
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Form of Notice of Guaranteed Delivery
(incorporated by reference to Exhibit (a)(1)(C) to the
Schedule TO).
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(a)(1)(D)
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Form of Letter to Brokers, Dealers,
Banks, Trust Companies and other Nominees (incorporated by reference to
Exhibit (a)(1)(D) to the Schedule TO).
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(a)(1)(E)
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Form of Letter to Clients for use by
Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees
(incorporated by reference to Exhibit (a)(1)(E) to the Schedule TO).
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(a)(1)(F)
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Internal Revenue Service Form W-9
(Request for Taxpayer Identification Number and Certification), including
instructions for completing the form (incorporated by reference to
Exhibit (a)(1)(F) to the Schedule TO).
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(a)(1)(G)
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Information Statement Pursuant to
Section 14(f) of the Securities Exchange Act of 1934 and
Rule 14f-1 thereunder*
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(a)(2)
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Letter to Stockholders from the Chief
Executive Officer of the Company, dated February 12, 2009.*
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(a)(5)(A)
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Summary Advertisement published in the
Wall Street Journal
on February 12,
2009 (incorporated by reference to Exhibit (a)(1)(I) to the
Schedule TO).
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(a)(5)(B)
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Joint Press Release, dated February 3,
2009, of the Company and Parent regarding execution of the Agreement and Plan
of Merger (incorporated by reference to Exhibit 99.1 to the Companys
Current Report on form 8-K filed on February 3, 2009).
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(a)(5)(C)
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Joint Press Release, dated
February 12, 2009 of PharmaNet and Parent (incorporated by reference to
Exhibit (a)(1)(H) to the Schedule TO).
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(a)(5)(D)
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Press Release, dated March 13, 2009 of
Parent (incorporated by reference to Exhibit (a)(5)(A) to the
Schedule TO).
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(a)(5)(E)
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Press Release, dated March 18, 2009 of
Parent (incorporated by reference to Exhibit (a)(5)(B) to the
Schedule TO).
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(e)(1)
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Agreement and Plan of Merger, dated as of
February 3, 2009, among Parent, Purchaser and the Company (incorporated
by reference to Exhibit 2.1 to the Companys Current Report on
Form 8-K filed on February 3, 2009).
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(e)(2)(A)
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Amended and Restated Employment Agreement,
dated as of December 16, 2008, effective as of December 31, 2008,
by and between the Registrant and Jeffrey P. McMullen (incorporated by
reference to Exhibit 10.1 to the Companys Form 8-K which was filed
on February 11, 2009).
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(e)(2)(B)
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Amended and Restated Employment Agreement,
dated as of December 31, 2008, by and between the Registrant and John P.
Hamill (incorporated by reference to Exhibit 10.2 to the Companys
Form 8-K which was filed on February 11, 2009).
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(e)(2)(C)
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Amended and Restated Employment Agreement,
dated as of December 31, 2008, by and between the Registrant and
Thomas J. Newman, M.D. (incorporated by reference to
Exhibit 10.3 to the Companys Form 8-K which was filed on February 11,
2009).
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(e)(2)(D)
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Amended and Restated Employment Agreement,
dated as of December 31, 2008, by and between the Registrant and Mark Di
Ianni (incorporated by reference to Exhibit 10.4 to the Companys
Form 8-K which was filed on February 11, 2009).
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(e)(2)(E)
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Amended and Restated Employment Agreement,
dated as of December 31, 2008, by and between the Registrant and
Robin C. Sheldrick (incorporated by reference to Exhibit 10.5 to
the Companys Form 8-K which was filed on February 11, 2009).
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(e)(3)
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Confidentiality Agreement, dated as of
December 1, 2008, by and between the Company and JLL
Partners, Inc.*
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(g)(3)
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Section 262 of the Delaware General
Corporation Law*
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(g)(4)
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Memorandum to All Employees Holding Options
or Restricted Stock Units Under the PharmaNet Stock Plans*
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(g)(5)
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Memorandum to All Employees Holding Shares
Purchased Under the ESPP*
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(g)(6)
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Memorandum to Holders of Restricted Stock
Units Which Vest on March 4, 2009*
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*
Previously filed with the Schedule 14D-9, as amended.
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