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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 14D-1/A
TENDER OFFER STATEMENT
(AMENDMENT NO. 2)
(FINAL AMENDMENT)
PURSUANT TO SECTION 14(d)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
Reno Air, Inc.
(Name of Subject Company)
Bonanza Acquisitions, Inc.
and
American Airlines, Inc.
(Bidders)
Common Stock, $0.01 Par Value
Series A Cumulative Convertible
Exchangeable Preferred Stock $0.001 Par Value
(Title of Class of Securities)
759741101 and 759741705
(CUSIP Number of Class of Securities)
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Anne H. McNamara, Esq.
General Counsel
American Airlines, Inc.
Bonanza Acquisitions, Inc.
4333 Amon Carter Blvd.
Fort Worth, Texas 76155
(817) 963-1234
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications on Behalf of Bidders)
Copy to:
John A. Marzulli, Jr., Esq.
Shearman & Sterling
599 Lexington Avenue
New York, New York 10022
Telephone: (212) 848-4000
December 23, 1998
Page 1 of 6 pages
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This Amendment No. 2 (Final Amendment) to the Tender Offer
Statement on Schedule 14D-1 (the "Statement") relates to the offer by Bonanza
Acquisitions, Inc., a Nevada corporation ("Purchaser") and a wholly owned
subsidiary of American Airlines, Inc., a Delaware corporation ("Parent"), a
wholly owned subsidiary of AMR Corporation, to purchase all of the issued and
outstanding shares of Common Stock, par value $0.01 per share (the "Common
Stock") and all of the issued and outstanding shares of Series A Cumulative
Convertible Exchangeable Preferred Stock, par value $0.001 per share (the
"Preferred Stock"; and, together with the Common Stock, the "Shares"), of Reno
Air, Inc., a Nevada corporation (the "Company"), at a price of $7.75 per share
of Common Stock and $27.50 per share of Preferred Stock plus accrued and unpaid
dividends (subject to reduction as provided in the Offer to Purchase (as
hereinafter defined)), in each case net to the seller in cash, upon the terms
and subject to the conditions set forth in Purchaser's Offer to Purchase, dated
November 24, 1998 (the "Offer to Purchase"), a copy of which is attached hereto
as Exhibit (a)(1) and in the related Letters of Transmittal, copies of which are
attached hereto as Exhibits (a)(2) and (a)(3) (which together constitute the
"Offer"). Capitalized terms used but not defined herein have the meanings
specified for such terms in the Offer to Purchase and the Statement.
Item 6. Interest in Securities of the Subject Company.
Item 6 of the Schedule 14D-1 is hereby amended and
supplemented to include the following:
(a) and (b) At 12:00 midnight, New York City time, on Tuesday,
December 22, 1998, each of the Common Stock Offer and the Preferred Stock
Offer expired. Based on a preliminary count, approximately 9,194,514 Common
Shares were tendered pursuant to the Common Stock Offer, of which 571,081
were tendered pursuant to notice of guaranteed delivery; and approximately
1,454,283 Preferred Shares were tendered pursuant to the Preferred Stock
Offer, of which 43,793 were tendered pursuant to notice of guaranteed
delivery. The Common Shares tendered constitute approximately 85% of the
outstanding Common Shares. The Preferred Shares tendered constitute
approximately 100% of the outstanding Preferred Shares.
All Shares validly tendered and not withdrawn prior to the
expiration of the Offer were accepted for payment. A copy of a joint press
release announcing the expiration of the Offer and the acceptance of validly
tendered Shares is attached hereto as Exhibit (a)(12).
Page 2 of 6
Item 10 Additional Information.
Item 10(f) and the Offer are hereby amended and supplemented
as follows:
(f) The Offer currently provides that the Purchaser shall not
be required to accept for payment and pay for any Common Shares tendered
pursuant to the Common Stock Offer and may (except as provided in the Merger
Agreement) postpone the acceptance for payment of and payment for, Common Shares
tendered, in the event that certain conditions shall exist "at any time on or
after November 19, 1998 and prior to THE ACCEPTANCE FOR PAYMENT OF SHARES."
(emphasis added). The Offer is hereby amended to provide instead that the
Purchaser may postpone the acceptance for payment of and payment for, Common
Shares tendered, in the event that such conditions shall exist at any time on or
after November 19, 1998 and prior to the expiration of the Common Stock Offer.
Item 11. Exhibits
Item 11 of the Schedule 14D-1 is hereby amended by adding the
following exhibits:
Exhibit No. (a)(12) Press Release issued by Parent and the
Company on December 23, 1998.
Page 3 of 6
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: December 23, 1998
BONANZA ACQUISITIONS, INC.
By: /s/ Charles D. MarLett
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Name: Charles D. MarLett
Title: Corporate Secretary
Page 4 of 6
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: December 23, 1998
AMERICAN AIRLINES, INC.
By: /s/ Charles D. MarLett
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Name: Charles D. MarLett
Title: Corporate Secretary
Page 5 of 6
PRESS RELEASE
AMERICAN AIRLINES COMPLETES
TENDER OFFER FOR RENO AIR, INC.
Fort Worth, Texas -- American Airlines, Inc., a subsidiary of AMR Corp. (NYSE:
AMR), and Reno Air, Inc. (NASDAQ: RENO; PCX: RNO), today announced that American
Airlines through its wholly-owned subsidiary, Bonanza Acquisitions, Inc., has
completed its cash tender offer for the outstanding shares of common stock and
preferred stock of Reno Air, Inc. The tender offer expired as scheduled, at
midnight, Eastern Standard Time, on Tuesday, Dec. 22, 1998.
Based on a preliminary count, 9,194,514 shares of common stock were tendered
(including 571,081 shares of common stock subject to guarantee of delivery) and
accepted for payment at a price of $7.75 per share. Also based upon a
preliminary count, 1,454,283 shares of preferred stock were tendered (including
43,793 shares of preferred stock subject to guarantee of delivery) and accepted
for payment at a price of $27.50 per share.
The planned acquisition of Reno Air, which was announced by the two carriers on
Nov. 19, will enhance American's overall network and strengthen its presence in
the Western United States.