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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13E-4
Issuer Tender Offer Statement
(Amendment No. 1)
(Pursuant to Section 13(e)(1) of the Securities Exchange Act of 1934)
FUND AMERICAN ENTERPRISES HOLDINGS, INC.
(Name of Issuer)
FUND AMERICAN ENTERPRISES HOLDINGS, INC.
(Name of Person(s) Filing Statement)
Common Stock, Par Value $1.00 Per Share
(Title of Class of Securities)
360768 10 5
(CUSIP Number of Class of Securities)
Michael S. Paquette
Vice President and Controller
Fund American Enterprises Holdings, Inc.
80 South Main Street
Hanover, New Hampshire 03755-2053
(603) 643-1567
Copy to:
Philip A. Gelston, Esq.
Cravath, Swaine & Moore
825 Eighth Avenue - Worldwide Plaza
New York, New York 10019
(212) 474-1000
(Name, address and Telephone Number of Person Authorized to Receive Notices
and Communications on Behalf of the Person(s) Filing Statement)
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This Amendment No. 1 amends and supplements the Issuer Tender Offer
Statement on Schedule 13E-4 filed by Fund American Enterprises Holdings,
Inc., a Delaware corporation (the "Company"), with the Securities and
Exchange Commission on November 3, 1997 (as amended, the "Schedule 13E-4"),
relating to a tender offer by the Company to purchase up to 1,000,000 shares
of its Common Stock, par value $1.00 per share ("Shares") at a price not
greater than $125.00 nor less than $105.00 per Share, net to the seller in
cash, upon the terms and subject to the conditions set forth in the Offer to
Purchase dated November 3, 1997 (the "Offer to Purchase") and the related
Letter of Transmittal (which together constitute the "Offer"), copies of
which are filed as Exhibits (a)(1) and (a)(2), respectively, to the Schedule
13E-4. Capitalized terms used and not defined herein shall have the meanings
assigned to such terms in the Offer to Purchase and the Schedule 13E-4.
ITEM 8. Additional Information.
The Company has extended the Offer until 11:59 p.m., New York City time
on Tuesday, December 2, 1997. The text of the press release dated November
12, 1997, issued by the Company with respect to the extension of the Offer is
filed herewith as Exhibit (a)(10) and is incorporated herein by reference.
ITEM 9. Material to be Filed as Exhibits.
(a)(10) Text of press release dated November 12, 1997.
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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 statement is true, complete and correct.
FUND AMERICAN ENTERPRISES HOLDINGS, INC.
November 12, 1997 By: /s/ Michael S. Paquette
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Michael S. Paquette
Vice President and Controller
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EXHIBIT INDEX
Exhibits Page
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(a)(10) Text of press release dated November 12, 1997.................
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Fund PRESS
American RELEASE
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CONTACT: Terry Baxter
603-640-2229
FUND AMERICAN EXTENDS STOCK TENDER OFFER
HANOVER, New Hampshire, November 12, 1997 - Fund American Enterprises
Holdings, Inc. today announced that it has extended the expiration date of
its offer to purchase up to 1,000,000 shares of its common stock at prices
not greater than $125.00 nor less than $105.00 per share, net to the seller
in cash. The Offer is now scheduled to expire at 11:59 p.m., New York City
time, on Tuesday, December 2, 1997, unless extended. As of the close of
business yesterday, no shares of Fund American's common stock have been
tendered in the offer. The terms and conditions of the offer are set forth
in Fund American's Offer to Purchase dated November 3, 1997, and the related
Letter of Transmittal. Lehman Brothers Inc. is the Dealer Manager for the
offer and First Chicago Trust Company of New York is the Information Agent.
Fund American Enterprises Holdings, Inc.
80 South Main Street
Hanover, New Hampshire 03755
603-643-1567