Exhibit(a)(13)
FOR IMMEDIATE RELEASE
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Contact:
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Investor Relations Department
(954) 883-1000
investor.relations@applicamail.com |
SHAREHOLDER MEETING TO APPROVE MERGER AGREEMENT TO BE
ADJOURNED AND RECONVENED ON JANUARY 17, 2007
Miramar, Florida (January 9, 2007) Applica Incorporated (NYSE: APN) today announced that it
will convene the special meeting at 11:00 a.m. Eastern Standard Time on January 10, 2007, as
previously scheduled, and adjourn the special meeting until 11:00 a.m. Eastern Standard Time on
Wednesday, January 17, 2007, without a vote on any proposal other than an adjournment. The
proposals to be considered at the special meeting will be submitted to a vote of Applicas
shareholders at the reconvened meeting at 11:00 a.m. Eastern Standard Time on January 17, 2007.
The record date for the reconvened meeting will remain November 27, 2006.
The decision to adjourn the meeting followed an increase to $7.90 per share of the price of
the unsolicited tender offer to purchase all outstanding shares of Applicas common stock that was
commenced by Apex Acquisition Corporation, a newly formed Florida corporation and an indirect,
wholly owned subsidiary of NACCO Industries, Inc.
The Applica board has not changed its recommendation that Applica shareholders vote FOR the
adoption of the amended merger agreement between Applica and affiliates of Harbinger Capital
Partners. The amended NACCO offer is under review by Applicas board of directors and Applica will
advise its shareholders of the results of that review as soon as possible. Applica requests that
its shareholders defer making a determination whether to accept or reject such amended NACCO offer
until they have been advised of the Applica boards position.
Applica and its subsidiaries are marketers and distributors of a broad range of branded and
private-label small household appliances. Applica markets and distributes kitchen products, home
products, pest control products, pet care products and personal care products. Applica markets
products under licensed brand names, such as Black & Decker®; its own brand names, such as
Windmere®, LitterMaid®, Belson® and Applica®; and other private-label brand names. Applicas
customers include mass merchandisers, specialty retailers and appliance distributors primarily in
North America, Mexico, Latin America and the Caribbean. Additional information about Applica is
available at www.applicainc.com.
In connection with the proposed transaction with Harbinger Capital Partners, Applica has filed
a definitive proxy statement, proxy supplements, a Schedule 14d-9 recommendation statement and
amendments thereto with the SEC. Investors and security holders are urged to read the definitive
proxy statement, the proxy supplements, the Schedule 14d-9 recommendation statement, the amendments
thereto and any other relevant documents filed with the SEC in connection with the proposed
transaction because they contain important information about Applica, the proposed transaction with
Harbinger Capital Partners, the NACCO tender offer and related matters. The definitive proxy
statement, several proxy supplements, the Schedule 14d-9 recommendation statement and several
amendments thereto have been mailed to Applica shareholders and a supplement and amended Schedule
14d-9 recommendation statement will be mailed to Applicas shareholders.
Investors and security holders may obtain free copies of these documents as they become
available through the website maintained by the SEC at www.sec.gov. In addition, the documents
filed with the SEC may be obtained free of charge by directing such requests to Applica
Incorporated, 3633 Flamingo Road, Miramar, Florida 33027, Attention: Investor Relations ((954)
883-1000), or from Applica Incorporateds website at www.applicainc.com.
Applica Incorporated and its directors, executive officers and certain other members of
Applica management may be deemed to be participants in the solicitation of proxies from Applica
shareholders with respect to the proposed transaction. Information regarding the interests of these
officers and directors in the proposed transaction has been included in the proxy statement filed
with the SEC. In addition, information about Applicas directors, executive officers and members of
management is contained in Applicas most recent proxy statement and annual report on Form 10-K,
which are available on Applicas website and at www.sec.gov.
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| Black & Decker® is a trademark of The Black & Decker Corporation, Towson, Maryland. |