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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE TO/A
(Rule 14d-100)
Tender Offer Statement Under Section 14(d)(1) or 13(e)(1)
of the Securities Exchange Act of 1934
(Amendment No. 1)
iPCS, INC.
(Name of Subject Company (Issuer))
IRELAND ACQUISITION CORPORATION
a wholly-owned subsidiary of
SPRINT NEXTEL CORPORATION
(Name of Filing Persons (Offerors))
Common Stock, par value $0.01 per share
(Title of Class of Securities)
44980Y305
(CUSIP Number of Class of Securities)
Charles R. Wunsch, Esq.
General Counsel and Corporate Secretary
Sprint Nextel Corporation
6200 Sprint Parkway
Overland Park, Kansas 66251
Telephone: (913) 794-1496
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of Filing Persons)
Copies To:
Michael J. Egan
Adam M. Freiman
King & Spalding LLP
1180 Peachtree Street
Atlanta, Georgia 30309
Telephone: (404) 572-4600
CALCULATION OF FILING FEE
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Transaction Valuation(1) |
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Amount of Filing Fee(2) |
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$437,782,224 |
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$ |
24,428.25 |
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(1) |
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Estimated solely for purposes of calculating the amount of the filing fee. This amount
assumes the purchase of up to 18,240,926 shares of common stock, $0.01 par value per share, of
iPCS, Inc. (Shares), at a purchase price of $24.00 per share. Such number of Shares
represents the fully diluted number of Shares and consists of: (i) 16,539,190 Shares issued
and outstanding; and (ii) 1,701,736 Shares subject to options outstanding under iPCS, Inc.s
stock plans. The calculation of the filing fee is based on capitalization information provided by iPCS, Inc. as of October 23, 2009, with respect to (i) above, and as
of October 18, 2009, with respect to (ii) above. |
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(2) |
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The amount of the filing fee, calculated in accordance with Rule 0-11 of the Securities
Exchange Act of 1934, as amended, and Fee Rate Advisory #2 for fiscal year 2010 equals
0.0000558 multiplied by the Transaction Valuation. |
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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. |
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Amount Previously Paid: $24,428.25 |
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Form or Registration No.: Schedule TO |
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Filing Party: Ireland Acquisition Corporation and Sprint Nextel Corporation |
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Date Filed: October 28, 2009 |
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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:
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: o
TABLE OF CONTENTS
This Amendment No. 1 (this Amendment) amends and supplements the Tender Offer Statement on
Schedule TO filed with the Securities and Exchange Commission (the SEC) on October 28, 2009 (the
Schedule TO), by Ireland Acquisition Corporation, a Delaware corporation (the Offeror) and a
wholly-owned subsidiary of Sprint Nextel Corporation, a Kansas corporation (Sprint Nextel), and
Sprint Nextel. The Schedule TO relates to the offer by the Offeror to purchase all of the
outstanding shares of common stock, par value $0.01 per share (Shares), of iPCS, Inc., a Delaware
corporation (the Company), for $24.00 per share, net to the seller in cash, less any required
withholding taxes and without interest, upon the terms and conditions set forth in the Offer to
Purchase, dated October 28, 2009 (the Offer to Purchase), a copy of which is attached to the
Schedule TO as Exhibit (a)(1)(A), and in the related Letter of Transmittal, a copy of which is
attached to the Schedule TO as Exhibit (a)(1)(B) (which, together with the Offer to Purchase, as
amended from time to time, constitute the Offer). This Amendment is being filed on behalf of the
Offeror and Sprint Nextel.
The information set forth in the Schedule TO remains unchanged, except that such information
is hereby amended and supplemented to the extent specifically provided herein. Capitalized terms
used but not defined herein have the meanings ascribed to them in the Schedule TO.
Item 4. Terms of the Transaction.
The information set forth in Item 4 of the Schedule TO and in the section entitled 2.
Acceptance for Payment and Payment for Shares of the Offer to Purchase is hereby amended and
supplemented by deleting in its entirety the sixth paragraph of such section of the Offer to
Purchase and replacing it with the following:
If any tendered Shares are not accepted for payment for any reason pursuant to the terms
and conditions of the Offer, or if Share Certificates are submitted for more Shares than are
tendered, Share Certificates evidencing unpurchased or untendered Shares will be returned
without expense to the tendering stockholder (or, in the case of Shares tendered by
book-entry transfer into the Depositarys account at the Book-Entry Transfer Facility
pursuant to the procedures set forth in Section 3, such Shares will be credited to an
account maintained at the Book-Entry Transfer Facility), promptly after the expiration or
termination of the Offer.
The information set forth in Item 4 of the Schedule TO and in the section entitled 15.
Conditions of the Offer of the Offer to Purchase is hereby amended and supplemented by deleting in
its entirety the first sentence of the last paragraph of such section of the Offer to Purchase and
replacing it with the following:
The foregoing conditions, other than the Minimum Tender Condition, are for the sole benefit
of Sprint Nextel and the Offeror and may be asserted or waived in whole or in part at any
time and from time to time in their sole and absolute discretion, subject in each case to
the terms of the Merger Agreement and the applicable rules and regulations of the
Commission.
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Item 11. Additional Information.
The information set forth in Item 11 of the Schedule TO and in the section entitled 11. The
Merger Agreement, the Stockholders Agreement, the Settlement Agreement and the Confidentiality
Agreement of the Offer to Purchase is hereby amended and supplemented by deleting in its entirety
the second paragraph of such section of the Offer to Purchase and replacing it with the following:
The description of the provisions of the Merger Agreement should not be read alone, but
instead should be read only in conjunction with the information provided elsewhere in this
Offer to Purchase and in the documents incorporated by reference into this Offer to Purchase
and the Schedule TO.
The information set forth in Item 11 of the Schedule TO and in the sections entitled 15.
Conditions of the Offer and 16. Certain Legal Matters and Regulatory Approvals Antitrust of
the Offer to Purchase is hereby amended and supplemented by adding the following to the end of
existing subsections (a)(2) and (a)(3) of Item 11 of the Schedule TO and at the end of each of such
sections of the Offer to Purchase:
The waiting period applicable to the Offer and the Merger under HSR Act expired at 11:59
p.m. New York City time, on November 10, 2009. Accordingly, the condition to the Offer that
any applicable waiting period under the HSR Act has expired or terminated has been
satisfied. The Offer continues to be conditioned upon the other conditions described in the
Offer to Purchase.
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SIGNATURES
After due inquiry and to the best of my knowledge and belief, the undersigned certifies that
the information set forth in this statement is true, complete and correct.
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SPRINT NEXTEL CORPORATION
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By: |
/s/ Charles R. Wunsch |
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Name: |
Charles R. Wunsch |
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Title: |
General Counsel
and Corporate Secretary |
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IRELAND ACQUISITION CORPORATION
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By: |
/s/ Charles R. Wunsch |
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Name: |
Charles R. Wunsch |
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Title: |
President |
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Date: November 13, 2009
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