sc14d9c
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SCHEDULE 14D-9
SOLICITATION/RECOMMENDATION STATEMENT
PURSUANT TO SECTION 14(d)(4) OF THE
SECURITIES EXCHANGE ACT OF 1934
MENTOR CORPORATION
(Name of Subject Company)
MENTOR CORPORATION
(Name of Person(s) Filing Statement)
Common Stock, par value $0.10 per share
(Title of Class of Securities)
587188103 (Common Stock)
(CUSIP Number of Class of Securities)
Joseph A. Newcomb, Esq.
Vice President, General Counsel and Secretary
Mentor Corporation
201 Mentor Drive
Santa Barbara, California 93111
(805) 879-6000
(Name, address and telephone number of person authorized to receive
notice and communications on behalf of the person(s) filing statement).
With a Copy to:
Scott M. Stanton, Esq.
Morrison & Foerster llp
12531 High Bluff Drive
San Diego, California 92130
(858) 720-5100
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þ Check the box if the filing relates solely to preliminary
communications made before the commencement of a tender offer. |
Discussion Points for Use by Mentor Field Sales & Customer Service
Background
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Johnson & Johnson (NYSE: JNJ) (J&J) and Mentor Corporation (NYSE: MNT) (Mentor) have
announced a definitive agreement whereby Johnson & Johnson will acquire Mentor. |
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The acquisition is expected to close in the first quarter of 2009. Mentor will report through
ETHICON, Inc., a Johnson & Johnson company and leading provider of suture, mesh and other
products for a wide range of surgical procedures, and will become its fourth stand-alone
business unit, joining ETHICON Products, J&J Wound Management and ETHICON Womens Health
and Urology. |
Key Messages
Joining ETHICON will give Mentor access to the resources that come with being part of a large
company while continuing to operate as an entrepreneurial company and leader in the global
aesthetics marketplace.
Building on our history as the global leader in breast and body aesthetics: Mentor has a 30+ year
legacy of providing innovative breast and body aesthetic products and best-in-class service to
surgeons worldwide. This next stage in the evolution of Mentor as an aesthetics market leader will
enable Mentor to accelerate growth while sustaining our focus on plastic surgeons and their
patients and expanding our offerings to them.
Strong cultural fit: There is a strong fit between the cultures of Mentor, ETHICON and Johnson &
Johnson. Mentor will continue to operate as a stand-alone, highly entrepreneurial business unit
within ETHICON. Mentor will continue to meet the needs of plastic surgeons and patients in the
aesthetic market worldwide with ongoing product innovation, science and services that help people
improve their appearance, personal well-being and overall quality of life.
Shared vision: ETHICON is committed to being the trusted global leader in aesthetic medicine among
both consumers and professionals by providing a broad range of innovative, science and
clinical-based solutions to maintain, enhance, and restore self-esteem and quality of life.
Entering the breast implant business will help ETHICON achieve that vision.
Business as usual: Customers should continue to order products from Mentor and contact their
Mentor sales representative for service needs.
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Notice to Investors:
The tender offer for the outstanding shares of common stock of Mentor Corporation (Mentor), has
not yet commenced. No statement in this announcement is an offer to purchase or a solicitation of
an offer to sell securities. At the time the tender offer is commenced, Johnson & Johnson and a
wholly-owned subsidiary of Johnson & Johnson will file a tender offer statement on Schedule TO with
the Securities and Exchange Commission, and Mentor will file a solicitation/recommendation
statement on Schedule 14D-9 with respect to the tender offer. The tender offer statement
(including an offer to purchase, a related letter of transmittal and other offer documents) and the
solicitation/recommendation statement will contain important information that should be read
carefully before any decision is made with respect to the tender offer. Such materials will be
made available to the stockholders of each of Mentor and Johnson & Johnson at no expense to them.
In addition, such materials (and all other offer documents filed with the SEC) will be available at
no charge on the SECs web site: www.sec.gov.
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