- Amended Statement of Ownership: Solicitation (SC 14D9/A)
May 15 2009 - 5:01PM
Edgar (US Regulatory)
UNITED STATES
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)
INFOCUS CORPORATION
(Name of Subject Company)
INFOCUS CORPORATION
(Name of Person Filing Statement)
Common Stock, without par value
(Title of Class of Securities)
45665B106
(CUSIP
Number of Class of Securities)
Robert G. OMalley
President and Chief Executive Officer
InFocus Corporation
27500 SW Parkway
Wilsonville, Oregon 97070
(503) 685-8888
(Name, address and telephone number of person
authorized to receive
notices and communications on behalf of the persons filing statement)
With copies to:
Bruce A. Robertson
Garvey Schubert
Barer
1191 Second Avenue, Suite 1800
Seattle, Washington 98101
(206) 464-3939
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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 to Schedule 14D-9 amends and supplements the Schedule 14D-9 originally filed with
the Securities and Exchange Commission on April 27, 2009 by InFocus Corporation. The Amendment provides updated information with respect to an unsolicited proposal, originally received by InFocus on April 20, 2009, related to a potential acquisition
of InFocus by a third-party.
Items 4 and 7.
Items 4 and 7 of the Schedule 14D-9 are hereby amended and supplemented by adding the following disclosure:
Throughout the
period from April 23, 2009 through May 14, 2009, InFocus and its representatives engaged in discussions with the party that submitted an unsolicited Takeover Proposal on April 20, 2009 (the Alternative Proposal), including extensive
negotiations concerning the terms and conditions of the Alternative Proposal and discussions concerning legal and business due diligence matters. However, the party submitting the Alternative Proposal has failed to submit a binding proposal for the
acquisition of the Company. Additionally, the transaction contemplated by the Alternative Proposal would have been subject to the receipt of various foreign regulatory approvals, the availability and timing of which would have been subject to
substantial uncertainties.
Accordingly, the InFocus Board has rejected and recommended against the Alternative Proposal, and InFocus has
ceased discussions with the person submitting the Alternative Proposal. The InFocus Board hereby affirms its unanimous recommendation that the InFocus shareholders accept the Offer, tender their Shares to Purchaser pursuant to the Offer and, if
applicable, approve the Merger and approve and adopt the Merger Agreement.
Item 9. EXHIBITS
Item 9 of the Schedule 14D-9 is hereby amended and supplemented by adding the following exhibit:
(a)(11) Press release issued by the Company on May 15, 2009.
SIGNATURE
After due inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this Schedule 14D-9/A is true, complete and correct.
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INFOCUS CORPORATION
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By:
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/s/ Robert G. OMalley
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Robert G. OMalley
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President and Chief Executive Officer
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