sc14d9a.htm
 


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 
Amendment No. 14
to
SCHEDULE 14D-9

Solicitation/Recommendation Statement Under Section 14(d)(4)
of the Securities Exchange Act of 1934
_____________________________
 
TARO PHARMACEUTICAL INDUSTRIES LTD.
(Name of Subject Company)
_____________________________
 
TARO PHARMACEUTICAL INDUSTRIES LTD.
(Name of Person(s) Filing Statement)
_____________________________
 
Ordinary Shares, NIS 0.0001 nominal (par) value per share
(Title of Class of Securities)
_____________________________
 
M8737E108
(CUSIP Number of Class of Securities)
_____________________________
 
Taro Pharmaceutical Industries Ltd.
Tal Levitt
Secretary
Italy House, Euro Park
Yakum 60972, Israel
+972-9-971-1800

(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications on Behalf of the Person(s) Filing Statement)
_____________________________
 
With copies to:

Jeffrey W. Tindell
Skadden, Arps, Slate, Meagher & Flom LLP
Four Times Square
New York, New York 10036
(212) 735-3000
   
   

[  ]   Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer




 

 
This Amendment No. 14 to the Schedule 14D-9 (this "Amendment"), filed with the U.S. Securities and Exchange Commission (the "SEC") on December 8, 2009, amends and supplements the Schedule 14D-9 filed with the SEC on July 10, 2008 by Taro Pharmaceutical Industries Ltd., a company incorporated under the laws of the State of Israel ("Taro" or the "Company"), as previously amended by Amendment Nos. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 and 13 thereto filed with the SEC on July 23, 2008, July 28, 2008, August 28, 2008, August 29, 2008, September 2, 2008, September 10, 2008, November 12, 2008, January 5, 2009, January 6, 2009, January 6, 2009, March 31, 2009, September 29, 2009 and December 8, 2009, respectively.  The Schedule 14D-9 relates to the tender offer by Alkaloida Chemical Company Exclusive Group Ltd., a company organized under the laws of the Republic of Hungary (the "Offeror") and a subsidiary of Sun Pharmaceutical Industries Ltd., a company organized under the laws of the Republic of India ("Sun India" and, together with the Offeror and their respective affiliates, collectively, "Sun"), to purchase all of the Company's ordinary shares, NIS 0.0001 nominal (par) value per share, for $7.75 per share, net to the seller (subject to withholding taxes, as applicable) in cash, without interest, upon the terms and subject to the conditions described in the Tender Offer Statement on Schedule TO filed by Sun with the SEC on June 30, 2008, as amended.
 
The information in the Schedule 14D-9 and prior amendments is incorporated in this amendment by reference to all of the applicable items in the Schedule 14D-9 and prior amendments, except that such information is hereby amended and supplemented to the extent specifically provided herein.
 
Item 4. The Solicitation or Recommendation; Item 8. Additional Information.
 
            Item 4 and Item 8 of the Schedule 14D-9 are hereby amended and supplemented by adding thereto the following information:
 
On December 10, 2009 the Company mailed a letter to its shareholders regarding the Company’s Annual General Meeting of Shareholders to be held on December 31, 2009.
 
A copy of the letter is filed as an exhibit hereto and is incorporated herein by reference.
 
Item 9.  Exhibits.
 
Item 9 of the Schedule 14D-9 is hereby amended and supplemented by adding the following exhibit:
 
Exhibit No.
Description
(a)(15)
Letter to shareholders, mailed December 10, 2009
 


 
 
SIGNATURE
 
After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Amendment No. 14 to Schedule 14D-9 is true, complete and correct.
 
       
       
       
   
TARO PHARMACEUTICAL INDUSTRIES LTD.
       
       
   
By:
/s/ Tal Levitt
   
Name:
Tal Levitt
   
Title:
Secretary
       
Date:
December 10, 2009