Amencment No. 6 to Schedule TO
 

 
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE TO
(Amendment No. 6)
TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
OMI CORPORATION
(Name of subject company (Issuer))
TEEKAY CORPORATION
TEEKAY ACQUISITION HOLDINGS LLC
OMAHA, INC.
AKTIESELSKABET DAMPSKIBSSELSKABET TORM
(Names of Filing Persons (Offerors))
     
Common Stock, par value $0.50 per share
(including the associated preferred stock purchase rights)
  Y6476W104
(Title of classes of securities)
 
(CUSIP number of common stock)
 
   
Francelyn Bethel
Teekay Corporation
Bayside House, Bayside Executive Park
West Bay Street & Blake Road, P.O. Box AP 59212
Nassau, Bahamas
Telephone: (242) 502-8880
  Klaus Kjærulff
Aktieselskabet Dampskibsselskabet TORM
Turborg Havnevej 18
DK – 2900 Hellerup
Denmark
Telephone: +45 39 17 92 00
(Name, address, and telephone number of person authorized to receive notices and communications on behalf of Filing Persons)
Copies to:
     
David S. Matheson, Esq.
Gwyneth E. McAlpine, Esq.
Perkins Coie LLP
1120 N.W. Couch Street
Tenth Floor
Portland, Oregon 97209-4128
Telephone: (503) 727-2000
  John M. Reiss, Esq.
Oliver C. Brahmst, Esq.
White & Case LLP
1155 Avenue of the Americas
New York, New York 10036
Telephone: (212) 819-8200
 
CALCULATION OF FILING FEE
         
Transaction Valuation (1)
  Amount of Filing Fee (2)
 
       
$1,814,140,575
  $ 55,694.12  
 
(1)   Estimated for purposes of calculating the filing fee only. The transaction valuation was calculated based on the offer to purchase all of the outstanding shares of common stock of OMI Corporation at a purchase price equal to $29.25 per share and 62,021,900 shares issued and outstanding (including 2,415,610 restricted shares and outstanding options with respect to 37,000 shares).
 
(2)   The amount of filing fee, calculated in accordance with Rule 0-11 of the Securities Exchange Act of 1934, as amended, is calculated by multiplying the transaction valuation by 0.0000307.
     
o
  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:
  $ 55,694.12     Filing Party:   Teekay Corporation, Teekay Acquisition Holdings, LLC, Omaha, Inc. and A/S Dampskibsselskabet TORM
Form of Registration No.:
  Schedule TO   Date Filed:   April 27, 2007
     
o
  Check the box if the filing relates solely to preliminary communications made before the commencement of the tender offer.
Check the appropriate boxes below to designate any transactions to which the statement relates:
þ   third party tender offer subject to
Rule 14d-1
o   issuer tender offer subject to
Rule 13e-4
o   going private transaction subject to
Rule 13e-3
o   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:   þ
 
 

 


 

     This Amendment No. 6 to the Tender Offer Statement on Schedule TO (this “Amendment”), filed with the Securities and Exchange Commission (the “SEC”) on June 6, 2007, amends and supplements the Tender Offer Statement on Schedule TO filed on April 27, 2007 (as previously amended, the “Schedule TO”) by (i) Omaha, Inc., a corporation organized under the laws of the Republic of The Marshall Islands (the “Purchaser”) and a jointly owned subsidiary of Teekay Corporation (“Teekay”), through its wholly owned subsidiary Teekay Acquisition Holdings LLC (“Teekay Acquisition Holdings”), and A/S Dampskibsselskabet TORM (“TORM”), (ii) Teekay, (iii) Teekay Acquisition Holdings, and (iv) TORM. The Schedule TO relates to the offer by the Purchaser to purchase all outstanding shares of common stock, par value $0.50 per share (the “Common Stock”), including the associated preferred stock purchase rights issued pursuant to the Rights Agreement dated November 19, 1998, as amended, between the Company and American Stock Transfer and Trust Company, as Rights Agent thereunder (the “Rights” and, together with the shares of Common Stock, the “Shares”), of OMI Corporation, a corporation organized under the laws of the Republic of The Marshall Islands (the “Company”), at a purchase price of $29.25 per Share, net to the seller in cash, without interest thereon, less any required withholding taxes, upon the terms and subject to the conditions set forth in the Offer to Purchase dated April 27, 2007 (the “Offer to Purchase”) and the related Letter of Transmittal, copies of which are attached to the Schedule TO as Exhibits (a)(1)(i) and (a)(1)(ii), respectively (which, together with any amendments or supplements thereto, collectively constitute the “Offer”). Capitalized terms used and not defined herein shall have the meanings assigned such terms in the Offer to Purchase.
     The information in the Offer to Purchase and the related Letter of Transmittal is incorporated into this Amendment by reference to all of the applicable items in the Schedule TO, except that such information is hereby amended and supplemented to the extent specifically provided herein.
Items 8 and 11.     Interest in Securities of the Subject Company; Additional Information
     Items 8 and 11 of the Schedule TO are hereby amended and supplemented by adding the following text thereto:
     “On June 6, 2007, Teekay and TORM announced that the subsequent offering period of the Offer expired at 5:00 p.m., New York City time, on Tuesday, June 5, 2007, and the Purchaser has accepted for payment all of the additional Shares that had been validly tendered during the subsequent offering period. Approximately 3,248,506 additional Shares, representing approximately 5.45% of the outstanding Shares, were tendered during the subsequent offering period. Following the purchase of these Shares, the Purchaser beneficially owns a total of approximately 53,207,143 Shares (excluding Shares that had previously been tendered pursuant to guaranteed delivery procedures and that were not actually delivered), representing approximately 89.32% of the outstanding Shares.
     The full text of the press release issued by Teekay and TORM and announcing the completion of the tender offer is attached hereto as Exhibit (a)(5)(vii) and is incorporated herein by reference.”
Items 12.     Exhibits
     Item 12 of the Schedule TO is hereby amended and supplemented by adding the following exhibits:
(a)(5)(vii)     Joint Press Release issued by Teekay and TORM on June 6, 2007

 


 

     After due inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
         
  TEEKAY CORPORATION
 
 
  By:   /s/ Bjorn Moller    
    Name:   Bjorn Moller   
    Title:   President and Chief Executive Officer   
 
  A/S DAMPSKIBSSELSKABET TORM
 
 
  By:   /s/ Klaus Kjærulff    
    Name:   Klaus Kjærulff   
    Title:   Chief Executive Officer   
 
  TEEKAY ACQUISITION HOLDINGS LLC
 
 
  By:   /s/ Bjorn Moller    
    Name:   Bjorn Moller   
    Title:   President and Chief Executive Officer of Teekay Corporation, its sole member   
 
  OMAHA, INC.
 
 
  By:   /s/ Bjorn Moller    
    Name:   Bjorn Moller   
    Title:   Director   
 
     
  By:   /s/ Jesper Holmark    
    Name:   Jesper Holmark   
    Title:   Director   
 
Dated: June 6, 2007