SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------------
SCHEDULE TO
(RULE 14D-100)
TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
AMENDMENT NO. 4
RSI HOLDINGS, INC.
(Name of Subject Company (Issuer))
BCM ACQUISITION CORP.
BUCK A. MICKEL
CHARLES C. MICKEL
MINOR M. SHAW
(Name of Filing Persons (Offeror) and Other Persons)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
(Title of Class of Securities)
749723 10 2
(CUSIP Number of Class of Securities
BUCK A. MICKEL
PRESIDENT
BCM ACQUISITION CORP.
28 EAST COURT STREET
P.O. BOX 6847
GREENVILLE, SOUTH CAROLINA 29606
(864) 271-7171
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications on Behalf of the Filing Person)
WITH A COPY TO:
LAWSON M. VICARIO, ESQ.
WYCHE, BURGESS, FREEMAN & PARHAM, P.A.
44 EAST CAMPERDOWN WAY (29601)
P.O. BOX 728
GREENVILLE, SOUTH CAROLINA 29602
(864) 242-8203
CALCULATION OF FILING FEE
--------------------------------------- -----------------------------------
Transaction Valuation* Amount of Filing Fee**
--------------------------------------- -----------------------------------
$191,160 $24.22
--------------------------------------- -----------------------------------
* Estimated solely for purposes of calculating the amount of the filing fee. The
calculation assumes the purchase of all outstanding common shares of RSI
Holdings, Inc., par value $0.01 (the "Shares") (other than the 5,934,856 Shares
owned by the BCM shareholders to be contributed to BCM upon satisfaction or
waiver of the conditions to the tender offer) at a purchase price of $0.10 per
Share, net to the seller in cash. As of October 12, 2004, there were 1,911,599
such Shares on a fully diluted basis.
**The amount of the filing fee is calculated in accordance with Rule 0-11 of the
Securities Exchange Act of 1934, as amended, and Fee Rate Advisory No. 3 for
Fiscal Year 2005 issued by the Securities and Exchange Commission on September
30, 2004. Such fee equals .01267 percent of the value of the transaction.
|X| Check the box if any part of the fee is offset as provided by 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 of Schedule
and the date of its filing.
Amount Previously Paid: $24.22 Filing Party: BCM Acquisition Corp.
Form or Registration No.: Schedule TO-T Date Filed: October 13, 2004
[ ] Check the box if the filing relates solely to preliminary communications
made before the commencement of a tender offer.
Check the appropriate boxes below to designate any transactions to which the
statement relates:
|X| third-party tender offer subject to Rule 14d-1.
[ ] issuer tender offer subject to Rule 13e-4.
|X| going-private transaction subject to Rule 13e-3.
|X| amendment to Schedule 13D under Rule 13d-2
Check the following if the filing is a final amendment reporting the results of
the tender offer: |X|
------------------------------------------------------------------------------------------------------------------------------------
CUSIP NO. 749723 10 2
------------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)
BCM Acquisition Corp. 20-1732369
--------- --------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) X
---
(See Instructions) (b) ___
--------- --------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- --------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
--------- --------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_|
--------- --------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
US
--------- --------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY
OWNED BY ------- -----------------------------------------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 7,846,455 (1)
------- -----------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
------- -----------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
7,846,455 (1)
---------------------------- ------- -----------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,846,455 (1)
--------- --------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) |_|
--------- --------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
100.0%
--------- --------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
--------- --------------------------------------------------------------------------------------------------------------------------
1 On March 17, 2005, RSI Holdings, Inc. ("RSI") was merged into BCM
Acquisition Corp. ("BCM"). As a consequence of the merger, BCM and its
three shareholders, Buck A. Mickel and his siblings, Charles C. Mickel and
Minor M. Shaw (who form a "group" for purposes of the merger and the tender
offer that preceded it), wholly own RSI through their ownership of BCM, the
surviving company in the merger. Immediately prior to the merger, 7,846,455
shares of RSI's common stock were outstanding.
------------------------------------------------------------------------------------------------------------------------------------
CUSIP NO. 749723 10 2
------------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)
Buck A. Mickel
--------- --------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) X
---
(See Instructions) (b) ___
--------- --------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- --------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
--------- --------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_|
--------- --------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
US
--------- --------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY
OWNED BY ------- -----------------------------------------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 7,846,455 (1)
------- -----------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
------- -----------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
7,846,455 (1)
--------- --------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,846,455(1)
--------- --------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) |_|
--------- --------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
100.0%
--------- --------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------- --------------------------------------------------------------------------------------------------------------------------
1 On March 17, 2005, RSI Holdings, Inc. ("RSI") was merged into BCM
Acquisition Corp. ("BCM"). As a consequence of the merger, BCM and its
three shareholders, Buck A. Mickel and his siblings, Charles C. Mickel and
Minor M. Shaw (who form a "group" for purposes of the merger and the tender
offer that preceded it), wholly own RSI through their ownership of BCM, the
surviving company in the merger. Immediately prior to the merger, 7,846,455
shares of RSI's common stock were outstanding.
------------------------------------------------------------------------------------------------------------------------------------
CUSIP NO. 749723 10 2
------------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)
Charles C. Mickel
--------- --------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) X
---
(See Instructions) (b) ___
--------- --------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- --------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
--------- --------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_|
--------- --------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
US
--------- --------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY
OWNED BY ------- -----------------------------------------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 7,846,455 (1)
------- -----------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
------- -----------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
7,846,455 (1)
---------------------------- ------- -----------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,846,455 (1)
--------- --------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) |_|
--------- --------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
100.0%
--------- --------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------- --------------------------------------------------------------------------------------------------------------------------
1 On March 17, 2005, RSI Holdings, Inc. ("RSI") was merged into BCM
Acquisition Corp. ("BCM"). As a consequence of the merger, BCM and its
three shareholders, Buck A. Mickel and his siblings, Charles C. Mickel and
Minor M. Shaw (who form a "group" for purposes of the merger and the tender
offer that preceded it), wholly own RSI through their ownership of BCM, the
surviving company in the merger. Immediately prior to the merger, 7,846,455
shares of RSI's common stock were outstanding.
------------------------------------------------------------------------------------------------------------------------------------
CUSIP NO. 749723 10 2
------------------------------------------------------------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)
Minor M. Shaw
--------- --------------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) X
---
(See Instructions) (b) ___
--------- --------------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
--------- --------------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
--------- --------------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_|
--------- --------------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
US
--------- --------------------------------------------------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY
OWNED BY ------- -----------------------------------------------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON 7,846,455 (1)
------- -----------------------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
------- -----------------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
7,846,455 (1)
--------- --------------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,846,455 (1)
--------- --------------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions) |_|
--------- --------------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
100.0%
--------- --------------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
--------- --------------------------------------------------------------------------------------------------------------------------
1 On March 17, 2005, RSI Holdings, Inc. ("RSI") was merged into BCM
Acquisition Corp. ("BCM"). As a consequence of the merger, BCM and its
three shareholders, Buck A. Mickel and his siblings, Charles C. Mickel and
Minor M. Shaw (who form a "group" for purposes of the merger and the tender
offer that preceded it), wholly own RSI through their ownership of BCM, the
surviving company in the merger. Immediately prior to the merger, 7,846,455
shares of RSI's common stock were outstanding.
INTRODUCTION
This Amendment No. 4 amends and supplements the Tender Offer Statement
and Schedule 13E-3 Transaction Statement on Schedule TO (the "Schedule TO")
filed by BCM Acquisition Corp., a South Carolina corporation ("BCM"), on October
13, 2004, as amended by Amendment No. 1 filed on November 15, 2004, Amendment
No. 2 filed on December 8, 2004 and Amendment No. 3, filed on January 28, 2005.
This Schedule TO relates to the offer by BCM to purchase any and all
outstanding shares of common stock, par value $0.01 per share, of RSI Holdings,
Inc., a North Carolina corporation ("RSI"), at a purchase price of $0.10 per
share, net to the seller in cash, without interest thereon, upon the terms and
subject to the conditions set forth in the Offer to Purchase attached hereto as
Exhibit (a)(1)(i) and as amended by Amendment No. 1, Amendment No. 2, Amendment
No. 3 and this Amendment No. 4 (the "Offer to Purchase").
The information set forth in the Offer to Purchase, including all
schedules thereto, is hereby expressly incorporated herein by reference in
response to all items of this Schedule TO, including, without limitation, all of
the information required by Schedule 13E-3 that is not included or covered by
the items in Schedule TO. Additional information with respect to certain items
in this Schedule TO is set forth below.
ITEM 4: TERMS OF THE TRANSACTION
Item 4 is amended and supplemented by reference to the Press Release attached
hereto as Exhibit (a)(1)(ix).
ITEM 12. EXHIBITS
Item 12 is amended and supplemented by adding the following:
Exhibit Number Title
(a)(1)(ix) Text of Press Release issued by BCM on March 18, 2005
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.
BCM ACQUISITION CORP.
By: /s/ Buck A. Mickel
----------------------------------
Name: Buck A. Mickel
Title: President
Dated: March 18, 2005
1
EXHIBIT INDEX
EXHIBIT NUMBER TITLE
(a)(1)(ix) Text of Press Release issued by BCM on March 18, 2005
2