UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE
14D-9/A
Solicitation/Recommendation Statement under Section 14(d)(4)
of the Securities Exchange Act of 1934
(Amendment No. 2)
ICX TECHNOLOGIES, INC.
(Name of Subject Company)
ICX
TECHNOLOGIES, INC.
(Names of Persons Filing Statement)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
043176106
(CUSIP Number of Class of Securities)
Colin J. Cumming
Chief Executive Officer
ICx Technologies, Inc.
2100 Crystal Drive, Suite 650
Arlington, Virginia 22202
(703) 678-2111
(Name, address and telephone numbers of person authorized to receive
notices and communications on behalf of the persons filing statement)
With copies to:
Peter Allan Atkins and Randall H. Doud
Skadden, Arps, Slate, Meagher & Flom LLP
Four Times Square
New York, New York 10036
(212) 735-3000
¨
Check the box if the filing relates solely to preliminary communications made before the commencement
of a tender offer.
This Amendment No. 2 (this
Amendment
) amends and supplements
the Solicitation/Recommendation Statement on Schedule 14D-9 of ICx Technologies, Inc. (the
Company
) initially filed on September 3, 2010, 2008, as amended by Amendment No. 1 thereto filed on September 9, 2010. The
Statement relates to the cash tender offer by Indicator Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of FLIR Systems, Inc. (
Parent
), disclosed in a Tender Offer Statement on Schedule TO dated
September 3, 2010 filed with the Securities and Exchange Commission, to purchase all of the Companys outstanding common stock, par value $0.001 per share (the
Shares
), at a price of $7.55 per Share, net to the selling
stockholder in cash without interest, less any required withholding taxes, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated September 3, 2010 (as amended or supplemented from time to time, the
Offer to Purchase
) and in the related Letter of Transmittal (as amended or supplemented from time to time, the
Letter of Transmittal
and, together with the Offer to Purchase, the
Offer
), which
were filed with the Statement as Exhibits (a)(1) and (a)(2) thereto. Except as otherwise set forth below, the information set forth in the Statement remains unchanged and is incorporated by reference as relevant to the items in this Amendment.
Capitalized terms used but not otherwise defined herein have the meanings ascribed to such terms in the Statement.
Item 8.
Additional Information.
Subsection (g) of Item 8 entitled Stockholder Litigation is hereby amended
and by adding the following as a new paragraph at the end thereof.
On September 9, 2010, a putative stockholder class
action complaint was filed against the Company, the individual members of the Company Board, Parent, Purchaser and Wexford in the United States District Court for the Eastern District of Virginia (the
McGowan Complaint
). In the McGowan
Complaint, captioned
McGowan v. ICx Technologies, Inc., et al
. C.A. No. 1:10CV1013, plaintiff alleges, among other things, that (i) the Company and the members of the Company Board caused this Statement to be issued in violation of
Sections 14(d)(4) and 14(e) of the Exchange Act because the statement allegedly omits material facts, (ii) the members of the Company Board breached their fiduciary duties by entering into an unfair transaction and the Company directly breached
or aided and abetted the members of the Company Board in the breach of such duties, and (iii) Parent, Purchaser and Wexford knowingly aided and abetted the members of the Company Board in their alleged violations of the Exchange Act and
breaches of their fiduciary duties. Plaintiff seeks judicial action: (i) ordering that the action is properly maintainable as a class action and certifying plaintiff as class representative and plaintiffs counsel as class counsel,
(ii) preliminarily and permanently enjoining defendants from proceeding with the Offer and the Merger, (iii) enjoining the consummation of the Offer and the Merger, or a business combination with a third party, unless and until the Company
adopts and implements a procedure or process, such as an auction, to obtain the highest possible price for the Company, (iv) directing the members of the Company Board to exercise their fiduciary duties to obtain a transaction which is in the
best interests of the Companys stockholders until the process for the sale or auction of the Company is completed and the highest possible price is obtained, (v) awarding plaintiff and the class damages, (vi) awarding plaintiff the
costs and disbursements of the action, including reasonable attorneys and experts fees, and (vii) granting such other and further relieve as the court may deem just and proper. A copy of the McGowan Complaint is filed as
Exhibit (a)(5)(H) hereto and incorporated herein by reference and should be read for the complete terms of the McGowan Complaint.
Item 9. Exhibits.
Item 9 (
Exhibits
) of the Schedule 14D-9 is hereby amended and supplemented by inserting the following exhibit
thereto:
Exhibit (a)(5)(H) Complaint filed by Benji McGowan, individually and on behalf of others similarly situated, on September 9,
2010, in the United States District Court for the Eastern District of Virginia.
Annex B The Information Statement of the Company.
The section titled Legal Proceedings is hereby amended and by adding the following as a new paragraph at the end thereof:
On September 9, 2010, a putative stockholder class action complaint was filed against the Company, the individual
members of the Company Board, Parent, Purchaser and Wexford in the United States District Court for the Eastern District of Virginia (the
McGowan Complaint
). In the McGowan Complaint, captioned
McGowan v. ICx Technologies, Inc., et
al
. C.A. No. 1:10CV1013, plaintiff alleges, among other things, that (i) the Company and the members of the Company Board caused this Statement to be issued in violation of Sections 14(d)(4) and 14(e) of the Exchange Act because the
statement allegedly omits material facts, (ii) the members of the Company Board breached their fiduciary duties by entering into an unfair transaction and the Company directly breached or aided and abetted the members of the Company Board in
the breach of such duties, and (iii) Parent, Purchaser and Wexford knowingly aided and abetted the members of the Company Board in their alleged violations of the Exchange Act and breaches of their fiduciary duties. Plaintiff seeks judicial
action: (i) ordering that the action is properly maintainable as a class action and certifying plaintiff as class representative and plaintiffs counsel as class counsel, (ii) preliminarily and permanently enjoining defendants from
proceeding with the Offer and the Merger, (iii) enjoining the consummation of the Offer and the Merger, or a business combination with a third party, unless and until the Company adopts and implements a procedure or process, such as an auction,
to obtain the highest possible price for the Company, (iv) directing the members of the Company Board to exercise their fiduciary duties to obtain a transaction which is in the best interests of the Companys stockholders until the process
for the sale or auction of the Company is completed and the highest possible price is obtained, (v) awarding plaintiff and the class damages, (vi) awarding plaintiff the costs and disbursements of the action, including reasonable
attorneys and experts fees, and (vii) granting such other and further relieve as the court may deem just and proper. A copy of the McGowan Complaint is filed as Exhibit (a)(5)(H) to the Schedule 14D-9 and incorporated herein by
reference and should be read for the complete terms of the McGowan Complaint.
SIGNATURE
After due inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement
is true, complete and correct.
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ICX TECHNOLOGIES, INC.
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By:
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/s/ Colin J. Cumming
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Name:
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Colin J. Cumming
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Title:
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Chief Executive Officer
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Dated: September 10,
2010
Icx Technology (MM) (NASDAQ:ICXT)
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