-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001193805-04-001176.txt : 20040816
<SEC-HEADER>0001193805-04-001176.hdr.sgml : 20040816
<ACCEPTANCE-DATETIME>20040816114736
ACCESSION NUMBER:		0001193805-04-001176
CONFORMED SUBMISSION TYPE:	SC TO-T/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20040816

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GENERAL BEARING CORP
		CENTRAL INDEX KEY:			0001026221
		STANDARD INDUSTRIAL CLASSIFICATION:	BALL & ROLLER BEARINGS [3562]
		IRS NUMBER:				132796245
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC TO-T/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-59685
		FILM NUMBER:		04977017

	BUSINESS ADDRESS:	
		STREET 1:		44 HIGH ST
		CITY:			WEST NYWACK
		STATE:			NY
		ZIP:			10994
		BUSINESS PHONE:		9143586000

	MAIL ADDRESS:	
		STREET 1:		C/O GENERAL BEARING CORP
		STREET 2:		44 HIGH ST
		CITY:			WEST NYACK
		STATE:			NY
		ZIP:			10994

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GENERAL BEARING CORP
		CENTRAL INDEX KEY:			0001026221
		STANDARD INDUSTRIAL CLASSIFICATION:	BALL & ROLLER BEARINGS [3562]
		IRS NUMBER:				132796245
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13E3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-59685
		FILM NUMBER:		04977018

	BUSINESS ADDRESS:	
		STREET 1:		44 HIGH ST
		CITY:			WEST NYWACK
		STATE:			NY
		ZIP:			10994
		BUSINESS PHONE:		9143586000

	MAIL ADDRESS:	
		STREET 1:		C/O GENERAL BEARING CORP
		STREET 2:		44 HIGH ST
		CITY:			WEST NYACK
		STATE:			NY
		ZIP:			10994

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GBC Acquisition Corp.
		CENTRAL INDEX KEY:			0001294070
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC TO-T/A

	BUSINESS ADDRESS:	
		STREET 1:		44 HIGH STREET
		CITY:			WEST NYACK
		STATE:			NY
		ZIP:			10994
		BUSINESS PHONE:		845-358-6000

	MAIL ADDRESS:	
		STREET 1:		44 HIGH STREET
		CITY:			WEST NYACK
		STATE:			NY
		ZIP:			10994
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC TO-T/A
<SEQUENCE>1
<FILENAME>e400690_sctota-gbc.txt
<DESCRIPTION>AMENDMENT NO. 4 TO SCHEDULE TO-T
<TEXT>

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D. C. 20549

                             ----------------------

                               AMENDMENT NO. 4 TO
                                   SCHEDULE TO
                                 (RULE 14d-100)

                          TENDER OFFER STATEMENT UNDER
                         SECTION 14(d) (l) OR 13(e) (l)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                             ----------------------

                           GENERAL BEARING CORPORATION
                       (Name of Subject Company (Issuer) )

                         GBC ACQUISITION CORP. (Offeror)
                          SEYMOUR I. GUSSACK (Offeror)
                           DAVID L. GUSSACK (Offeror)
                            (Names of Filing Persons
            (Identifying Status as Offeror, Issuer or Other Person) )

                     Common Stock, par value $.01 per share
                         (Title of Class of Securities)

                                    369147103
                      (CUSIP Number of Class of Securities)

                                David L. Gussack
                                    President
                              GBC Acquisition Corp.
                                 44 High Street
                           West Nyack, New York 10994
                                 (845) 358-6000
                  (Name, Address and Telephone Number of Person
  Authorized to Receive Notices and Communications on Behalf of Filing Persons)

                                    COPY TO:

Barry M. Abelson, Esquire                        Christopher S. Miller, Esquire
Pepper Hamilton LLP                              Pepper Hamilton LLP
3000 Two Logan Square                            400 Berwyn Park
Eighteenth and Arch Streets                      899 Cassatt Road
Philadelphia, Pennsylvania 19103-2799            Berwyn, Pennsylvania 19312-1183
(215) 981-4000                                   (610) 640-7800

                            CALCULATION OF FILING FEE

         Transaction Valuation*                  Amount of Filing Fee**
- --------------------------------------  ----------------------------------------
               $6,587,856                                 $835

*     Estimated for purposes of calculating filing fee only. Calculated as the
      product of $4.00, the per share tender offer price for all of the
      outstanding shares of common stock of General Bearing Corporation
      ("General Bearing") and the sum of 1,306,064, the number of outstanding
      shares sought in the offer and 340,900, the number of shares underlying
      all vested shares.

**    The amount of the filing fee was calculated in accordance with Section
      14(g)(3) of the Exchange Act, and equals $126.70 per million dollars of
      the transaction valuation amount.

|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: $835                 Filing Party: GBC Acquisition Corp.

Form or Registration No.: Not Applicable     Date Filed: July 16, 2004 and
                                                         August 9, 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.
      |_|   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: |X|

<PAGE>

                                   SCHEDULE TO

      This Amendment No. 4 (the "Amendment") amends and supplements the Tender
Offer Statement on Schedule TO, as amended on August 9, 2004, August 11, 2004
and August 12, 2004, ("Schedule TO") relating to the offer by GBC Acquisition
Corp., a Delaware corporation (the "Purchaser") currently controlled by Seymour
I. Gussack, Chairman of the Board of General Bearing Corporation ("General
Bearing") and David L. Gussack, Chief Executive Officer and a director of
General Bearing to purchase all of the outstanding shares of the common stock,
par value $0.01 per share (the "Shares"), of General Bearing, that are not
shares beneficially owned by Seymour Gussack, David Gussack, Robert E. Baruc and
Nina M. Gussack, each directors of General Bearing, certain officers of General
Bearing, and certain of their respective family members (collectively referred
to herein as the "Continuing Stockholders") (See the sections titled "The
Offer--Certain Information Concerning the Continuing Stockholders and the
Purchaser" and "Schedule B"). The purchase price is $4.00 per Share, net to the
seller in cash, upon the terms and subject to the conditions set forth in the
Offer To Purchase dated July 16, 2004 as amended and supplemented by Amendment
No. 2 filed with the SEC on August 11, 2004 and Amendment No. 3 filed with the
SEC on August 12, 2004 (the "Offer To Purchase"), and the related Letter of
Transmittal (which as they may be amended and supplemented from time to time,
together constitute the "Offer"). Copies of the Offer to Purchase and the Letter
of Transmittal were filed as Exhibits (a)(1)(i) and (a)(1)(ii), respectively, to
the Schedule TO.

      Unless otherwise stated below, the information set forth in the Offer to
Purchase including all schedules and annexes thereto is hereby expressly
incorporated herein by reference in response to all items of this Amendment,
including, without limitation, all of the information required by Schedule 13E-3
that is not included or covered by the items in Schedule TO. You should read
this Amendment together with the Schedule TO we filed on July 16, 2004, as
amended on August 9, 2004, August 11, 2004 and August 12, 2004.

ITEM 1. SUMMARY TERM SHEET.

            Item 1 of Schedule TO is hereby amended and supplemented by
            including the following:

            "The offering period expired at 12:00 Midnight Eastern Standard
            Time, on Friday, August 13, 2004.

            The Offer was subject to a number of conditions, including the
            tender of a sufficient number of shares such that, the Purchaser
            would own at least 90% of the outstanding Shares. This condition was
            not satisfied.

            Accordingly, the Offer expired in accordance with its terms, and the
            Purchaser will not accept for payment, and will not pay for, any
            tendered shares.

            All tendered shares will be promptly returned to stockholders.

            The full text of the press release the Purchaser issued on August
            16, 2004 announcing the expiration of the Offer is filed as Exhibit
            (a)(1)(iv) hereto."

ITEM 4. TERMS OF TRANSACTION.

            Item 4 of Schedule TO is hereby amended and supplemented by
            including the following: "The offering period expired at 12:00
            Midnight Eastern Standard Time, on Friday, August 13, 2004.

            The Offer was subject to a number of conditions, including the
            tender of a sufficient number of shares such that, the Purchaser
            would own at least 90% of the outstanding Shares. This condition was
            not satisfied.

            Accordingly, the Offer expired in accordance with its terms, and the
            Purchaser will not accept for payment, and will not pay for, any
            tendered shares.

            All tendered shares will be promptly returned to stockholders.

            The full text of the press release the Purchaser issued on August
            16, 2004 announcing the expiration of the Offer is filed as Exhibit
            (a)(1)(iv) hereto."

ITEM 12. EXHIBITS.

            Item 12 is hereby supplemented by including the following exhibit:

(a)(1)(xiv) Text of Press Release issued by GBC Acquisition Corp. on August 16,
            2004.


                                      -2-
<PAGE>

ITEM 13. INFORMATION REQUIRED BY SCHEDULE 13E-3.

      N/A


                                      -3-
<PAGE>

                                    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.


                                                     /s/ David L. Gussack
                                                     ---------------------------
                                                     David L. Gussack, President
                                                     GBC Acquisition Corp.
                                                     August 16, 2004


                                                     /s/ David L. Gussack
                                                     ---------------------------
                                                     David L. Gussack
                                                     August 16, 2004


                                                     /s/ Seymour I. Gussack
                                                     ---------------------------
                                                     Seymour I. Gussack
                                                     August 16, 2004


                                      -4-
<PAGE>

                                  EXHIBIT INDEX

EXHIBIT NO                                 DESCRIPTION

(a)(1)(i)            Offer To Purchase dated July 16, 2004.*

(a)(1)(ii)           Letter of Transmittal.*

(a)(1)(iii)          Notice of Guaranteed Delivery.*

(a)(1)(iv)           Letter from the Information Agent to Brokers, Dealers,
                     Commercial Banks, Trust Companies and Other Nominees.*

(a)(1)(v)            Letter to Clients for use by Brokers, Dealers, Commercial
                     Banks, Trust Companies and Other Nominees.*

(a)(1)(vi)           Guidelines for Certification of Taxpayer Identification
                     Number of Substitute Form W-9.*

(a)(1)(vii)          Text of Press Release issued by General Bearing on April
                     28, 2004 (incorporated by reference to Exhibit 99.1 of
                     Schedule TO-C filed April 29, 2004 by GBC Acquisition
                     Corp.).

(a)(1)(viii)         Text of Letter to Board of Directors of General Bearing by
                     GBC Acquisition Corp. on April 28, 2004 (incorporated by
                     reference to Exhibit 99.2 of Schedule TO-C filed April 29,
                     2004 by GBC Acquisition Corp.).

(a)(1)(ix)           Text of Email Correspondence dated May 8, 2004 from David
                     Gussack to David Mardo of U.S. Trust Company in response to
                     an inquiry from David Mardo asking when the tender offer is
                     expected to be completed (incorporated by reference to
                     Exhibit 99.1 of Schedule TO-C filed May 10, 2004 by GBC
                     Acquisition Corp.).

(a)(1)(x)            Text of Press Release issued by General Bearing Corporation
                     on July 16, 2004.*

(a)(1)(xi)           Text of Letter to Stockholders of General Bearing by GBC
                     Acquisition Corp. on July 16, 2004.*

(a)(1)(xii)          Text of Press Release issued by GBC Acquisition Corp. on
                     August 6, 2004.*

(a)(1)(xiii)         Text of Press Release issued by GBC Acquisition Corp. on
                     August 12, 2004.*

(a)(1)(xiv)          Text of Press Release issued by GBC Acquisition Corp. on
                     August 16, 2004.**

(a)(5)               Complaint of David Cohen, Trustee for Integrated Legal and
                     Financial Problem Solvers, Inc. Defined Benefit Pension
                     Plan and Trust, individually and on behalf of others
                     similarly situated, against General Bearing Corporation, et
                     al, filed in the Court of Chancery of the State of Delaware
                     for New Castle County on August 11, 2004.*

(b)(1)               Commitment Letter, dated May 24, 2004, by and between GBC
                     Acquisition Corp. and Keybank, N.A.*

(b)(2)               Supplemental Commitment Letter, dated July 14, 2004, by and
                     between GBC Acquisition Corp. and Keybank, N.A.*

(b)(3)               Financing Proposal, dated May 24, 2004 by Keybank, N.A.*

(d)                  Indemnification Agreement, dated July 14, 2004, by and
                     among Seymour Gussack, David Gussack, Peter Barotz, Barbara
                     Henagan and Ronald Fetzer.*

(f)                  Excerpts from Section 262 of the Delaware General
                     Corporation Law (included as Schedule A of the Offer To
                     Purchase filed herewith as Exhibit (a)(1)(i)).*

- ----------
*     filed previously.

**    filed herewith.


                                      -5-

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.(A)(1)(XIV)
<SEQUENCE>2
<FILENAME>e400690_ex99-a1xiv.txt
<DESCRIPTION>TEXT OF PRESS RELEASE
<TEXT>

                                                           Exhibit 99(a)(1)(xiv)

                                  NEWS RELEASE

GBC ACQUISITION CORP. ANNOUNCES EXPIRATION OF ITS TENDER OFFER FOR STOCK OF
GENERAL BEARING CORPORATION

WEST NYACK, NY, August 16, 2004 - GBC Acquisition Corp. today announced that its
cash tender offer to acquire all of the outstanding common stock of General
Bearing Corporation (NASDAQSC: GNRL) ("General Bearing") not owned by a
management group led by Seymour Gussack and David Gussack expired in accordance
with its terms at 12:00 Midnight, Eastern Standard Time, on Friday, August 13,
2004.

The tender offer was subject to a number of conditions, including the tender of
a sufficient number of shares such that, GBC Acquisition Corp. would own at
least 90% of the outstanding Shares. This condition was not satisfied.

Accordingly, the tender offer expired in accordance with its terms, and GBC
Acquisition Corp. will not accept for payment, and will not pay for, any
tendered shares.

All tendered shares will be promptly returned to stockholders.

ADDITIONAL INFORMATION AND WHERE TO FIND IT

The complete terms and conditions of the tender offer are set forth in an offer
to purchase, letter of transmittal and other related materials which were filed
with the SEC and distributed to General Bearing's stockholders. This press
release is not a substitute for such filings. Investors are urged to read such
documents because they contain important information. Any such documents are
available, free of charge, at the SEC's website (www.sec.gov).

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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