- Amended Statement of Ownership: Solicitation (SC 14D9/A)
May 27 2010 - 6:04AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
Schedule 14D-9
SOLICITATION/RECOMMENDATION STATEMENT UNDER SECTION 14(d)(4)
OF THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
CNX GAS
CORPORATION
(Name of Subject Company)
CNX GAS CORPORATION
(Name of Person(s) Filing Statement)
Common Stock, par value $0.01 per Share
(Title of Class of Securities)
12618H200 / 12618H309 / 12618H101
(CUSIP Number of Class of Securities)
P. Jerome
Richey
Executive Vice President, Corporate Affairs, Chief Legal Officer & Secretary
CNX Gas Corporation
1000 CONSOL Energy Drive
Canonsburg, Pennsylvania 15317-6506
(724) 485-4000
(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:
Jeremy London
Skadden, Arps, Slate, Meagher & Flom LLP
1440 New York Avenue, NW
Washington, D.C. 20005
(202) 371-7000
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Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
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This Amendment No. 3 (this Amendment No. 3) amends and supplements the
Solicitation/Recommendation Statement on Schedule 14D-9 initially filed with the Securities and Exchange Commission on May 11, 2010 by CNX Gas Corporation, a Delaware corporation (as amended or supplemented from time to time, including as
amended by Amendment No. 1 on May 14, 2010, Amendment No. 2 on May 21, 2010 and this Amendment No. 3, the Statement).
Except as otherwise set forth below, the information set forth in the Statement remains unchanged and is incorporated herein by reference
to the extent relevant to the items in this Amendment No. 3. Capitalized terms used but not otherwise defined herein have the meanings ascribed to such terms in the Statement.
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ITEM 8.
Additional Information
Item 8 is hereby amended and supplemented as follows:
(a) The following is added as a new paragraph at the end of the section entitled Item 8Additional
InformationLitigation:
On May 24, 2010, a hearing was held in the Delaware Court of Chancery on the motion
by the plaintiffs in the Delaware Actions for a preliminary injunction against the offer and the merger. On May 25, 2010, Vice Chancellor Laster issued an opinion and order denying the motion. In the opinion, Vice Chancellor Laster stated that
the entire fairness standard of review will apply to plaintiffs suit for damages relating to the offer and the merger because (i) the Special Committee did not affirmatively recommend in favor of stockholders tendering their
shares into the offer and (ii) plaintiffs have established a reasonable basis to challenge the effectiveness of the majority of the minority condition.
On May 26, 2010, the plaintiffs filed an emergency application for certification of interlocutory appeal requesting an order to
pursue an appeal of the Delaware Court of Chancerys opinion in the Delaware Supreme Court, and further requesting an injunction pending the appeal.
On May 26, 2010, after a hearing by teleconference, Vice Chancellor Laster issued (i) an order certifying for review in the
Delaware Supreme Court the question of the proper standard of review and (ii) a separate order denying the plaintiffs motion for an injunction pending the appeal.
Following the issuance of Vice Chancellor Lasters orders, the plaintiffs withdrew their emergency application for certification of
interlocutory appeal.
Item 9.
Exhibits
Item 9 is hereby amended and supplemented by adding the following thereto:
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Exhibit
No.
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Description
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(a)(31)
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Order denying motion for preliminary injunction, dated May 25, 2010, in In re CNX Gas Shareholders Litigation, Civil Action No. 5377-VCL (incorporated by reference to Exhibit
(a)(5)(xiv) to Amendment No. 3 to Tender Offer Statement on Schedule TO of CONSOL Energy Inc., filed on May 26, 2010)
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(a)(32)
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Emergency Application for Certification of Interlocutory Appeal, submitted to the Court of Chancery of the State of Delaware, dated May 26, 2010 on behalf of plaintiffs in In re CNX
Gas Corporation Shareholders Litigation, Consolidated Civil Action No. 5377-VCL (incorporated by reference to Exhibit (a)(5)(xv) to Amendment No. 3 to Tender Offer Statement on Schedule TO of CONSOL Energy Inc., filed on May 26,
2010)
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(a)(33)
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Order certifying in part plaintiffs request for an interlocutory appeal from order denying motion for a preliminary injunction, issued by the Court of Chancery of the State of
Delaware, dated May 26, 2010 in In re CNX Gas Corporation Shareholders Litigation, Consolidated Civil Action No. 5377-VCL (incorporated by reference to Exhibit (a)(5)(xvi) to Amendment No. 3 to Tender Offer Statement on Schedule TO of CONSOL Energy
Inc., filed on May 26, 2010)
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(a)(34)
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Order denying plaintiffs request for an injunction prohibiting the expiration of the tender offer until a ruling on plaintiffs motion for an interlocutory appeal, issued
by the Court of Chancery of the State of Delaware, dated May 26, 2010 in In re CNX Gas Corporation Shareholders Litigation, Consolidated Civil Action No. 5377-VCL (incorporated by reference to Exhibit (a)(5)(xvii) to Amendment No. 3 to Tender Offer
Statement on Schedule TO of CONSOL Energy Inc., filed on May 26, 2010)
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SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
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CNX GAS CORPORATION
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By:
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/s/ P. Jerome Richey
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Name:
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P. Jerome Richey
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Title:
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Executive Vice President, Corporate Affairs, Chief Legal Officer & Secretary
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Dated: May 26, 2010
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