Unassociated Document



SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE TO
Amendment No. 2
(Rule 14d-100)

TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
 
HYPERION SOLUTIONS CORPORATION
(Name of subject company (Issuer))
 
ORACLE CORPORATION
HOTROD ACQUISITION CORPORATION
(Names of Filing Persons (Offerors))
 
 
Common Stock, $0.001 par value per share
 
44914M104
 
 
(Title of classes of securities)
 
(CUSIP number of common stock)
 
 
Daniel Cooperman, Esq.
Senior Vice President, General Counsel & Secretary
Oracle Corporation
500 Oracle Parkway
Redwood City, California 94065
Telephone: (650) 506-7000
(Name, address, and telephone number of person authorized to receive notices and communications on behalf of Filing Persons)
 
Copies to:
William M. Kelly, Esq.
Davis Polk & Wardwell
1600 El Camino Real
Menlo Park, California 94025
Telephone: (650) 752-2000
 
CALCULATION OF FILING FEE
 
Transaction Valuation(1)
 
Amount of Filing Fee(2)
$3,284,098,267
 
$100,822
 (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 Hyperion Solutions Corporation at a purchase price equal to $52.00 per share and 59,178,935 shares issued and outstanding, outstanding options with respect to 6,976,971 shares (with a weighted average exercise price of $26,67) and outstanding restricted share units with respect to 578,211 shares, in each case as of February 27, 2007, as represented by Hyperion Solutions Corporation.
(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. 

x
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:
 
$100,822
 
Filing Party:
 
Oracle Corporation, Hotrod Acquisition Corporation
Form of Registration No.:
 
Schedule TO
 
Date Filed:
 
March 9, 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:
 
x
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
 




 
This Amendment No. 2 to the Tender Offer Statement on Schedule TO (this “Amendment”), filed with the Securities and Exchange Commission (the “SEC”) on April 12, 2007, amends and supplements the Tender Offer Statement on Schedule TO filed on March 9, 2007 (the “Schedule TO”) and relates to the offer by Hotrod Acquisition Corporation, a Delaware corporation (the “Purchaser”) a wholly-owned subsidiary of Oracle Corporation, a Delaware corporation (“Oracle”), to purchase all outstanding shares of Common Stock, par value $0.001 per share, and the associated preferred stock purchase rights (together, the “Shares”) of Hyperion Solutions Corporation, a Delaware corporation (“Hyperion”), at a purchase price of $52.00 per Share 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 March 9, 2007 (the “Offer to Purchase”), and the related Letter of Transmittal (which, together with the Offer to Purchase and 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 in 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.
 
Item 11. Additional Information.
 
Item 11 of the Schedule TO is hereby amended and supplemented as follows by adding the following text thereto:
 
“On April 10, 2007, the German FCO provided notification to the Purchaser and Oracle under the German ARC that the acquisition of the Shares pursuant to the Offer does not meet the statutory test for prohibition and may be consummated.

On April 11, 2007, the Austrian Bundeswettbewerbsbehörde provided notification to the Purchaser and Oracle that none of the Statutory Parties had filed a request for an in-depth investigation by the Cartel Court of the acquisition of the Shares pursuant to the Offer.

On April 11, 2007, Oracle announced that it had received all necessary regulatory clearances required to proceed with the acquisition of the Shares pursuant to the Offer, which is scheduled to expire at 5:00 p.m., New York City time, on Friday April 13, 2007. A copy of the press release announcing the receipt of all regulatory clearances is filed as Exhibit (a)(5)(iii) hereto.”

Item 12. Exhibits.
 
Item 12 is hereby amended and supplemented by adding the following exhibit:
 
“(a)(5)(iii) Press release issued by Oracle on April 11, 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.

Dated: April 12, 2007
 
 
HOTROD ACQUISITION CORPORATION
   
 
By: /s/ Daniel Cooperman
Daniel Cooperman
 
President and Chief Executive Officer
 
 


 
ORACLE CORPORATION
   
 
By: /s/ Daniel Cooperman
Daniel Cooperman
 
Senior Vice President, General Counsel and
Secretary




 



EXHIBIT INDEX
 

(a)(5)(iii)
Press Release issued by Oracle on April 11, 2007.