SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. )*
TEREX CORPORATION
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
880779103
(CUSIP Number)
December 21, 2009
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule 13G is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
(Page 1 of 12 Pages)
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* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act
of 1934 ("Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No. 880779103 13G Page 2 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Eton Park Fund, L.P.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
2,160,000
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,160,000
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,160,000
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(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
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(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
2.00%
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(12) TYPE OF REPORTING PERSON **
PN
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** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 880779103 13G Page 3 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Eton Park Master Fund, Ltd.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
4,590,000
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
4,590,000
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
4,590,000
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(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
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(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
4.25%
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(12) TYPE OF REPORTING PERSON **
CO
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** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 880779103 13G Page 4 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Eton Park Associates, L.P.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
2,160,000
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,160,000
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,160,000
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(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
2.00%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
PN
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** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 880779103 13G Page 5 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Eton Park Capital Management, L.P.
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
4,590,000
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
4,590,000
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
4,590,000
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
4.25%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
IA
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** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 880779103 13G Page 6 of 13 Pages
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(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Eric M. Mindich
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
6,750,000
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
6,750,000
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
6,750,000
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
6.24%
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(12) TYPE OF REPORTING PERSON **
IN
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** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 880779103 13G Page 7 of 13 Pages
Item 1(a). Name of Issuer:
The name of the issuer is Terex Corporation (the "Company").
Item 1(b). Address of Issuer's Principal Executive Offices:
The Company's principal executive offices are located at 200 Nyala Farm
Road, Westport, Connecticut 06880.
Item 2(a). Name of Person Filing:
This statement is filed by:
(i) Eton Park Fund, L.P., a Delaware limited partnership ("EP
Fund"), with respect to the shares of Common Stock (defined
in Item 2(d) below) directly owned by it;
(ii) Eton Park Master Fund, Ltd., a Cayman Islands exempted
company ("EP Master Fund"), with respect to the shares of
Common Stock directly owned by it;
(iii) Eton Park Associates, L.P., a Delaware limited partnership
("EP Associates"), which serves as the general partner of EP
Fund, with respect to the shares of Common Stock directly
owned by EP Fund;
(iv) Eton Park Capital Management, L.P., a Delaware limited
partnership ("EP Management"), which serves as investment
manager to EP Master Fund, with respect to the shares of
Common Stock directly owned by EP Master Fund; and
(v) Eric M. Mindich ("Mr. Mindich"), with respect to the shares
of Common Stock directly owned by each of EP Fund and EP
Master Fund.
The foregoing persons are hereinafter sometimes collectively
referred to as the "Reporting Persons." Any disclosures herein with respect to
persons other than the Reporting Persons are made on information and belief
after making inquiry to the appropriate party.
CUSIP No. 880779103 13G Page 8 of 13 Pages
Item 2(b). Address of Principal Business Office or, if None, Residence:
The address of the business office of each of the Reporting Persons is 399
Park Avenue, 10th Floor, New York, New York 10022.
Item 2(c). Citizenship:
EP Fund is a limited partnership organized under the laws of the State of
Delaware. EP Master Fund is a company organized under the laws of the Cayman
Islands. EP Associates and EP Management are limited partnerships organized
under the laws of the State of Delaware. Mr. Mindich is a United States citizen.
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.001 per share (the "Common Stock")
Item 2(e). CUSIP Number: 880779103
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Act,
(b) [ ] Bank as defined in Section 3(a)(6) of the Act,
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the
Act,
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940,
(e) [ ] Investment Adviser in accordance with Rule
13d-1(b)(1)(ii)(E),
(f) [ ] Employee Benefit Plan or Endowment Fund in accordance
with 13d-1 (b)(1)(ii)(F),
(g) [ ] Parent Holding Company or control person in accordance
with Rule 13d-1 (b)(1)(ii)(G),
(h) [ ] Savings Association as defined in Section 3(b) of the
Federal Deposit Insurance Act,
(i) [ ] Church Plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940,
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check the box. [X]
CUSIP No. 880779103 13G Page 9 of 13 Pages
Item 4. Ownership.
The percentages used herein are calculated based upon 108,100,000 shares of
Common Stock issued and outstanding, as of October 27, 2009, as reported in the
Company's quarterly report on Form 10-Q filed on September 30, 2009 with the
Securities and Exchange Commission by the Company.
A. Eton Park Fund, L.P.
(a) Amount beneficially owned: 2,160,000
(b) Percent of class: 2.00%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 2,160,000
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
2,160,000
B. Eton Park Master Fund, Ltd.
(a) Amount beneficially owned: 4,590,000
(b) Percent of class: 4.25%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 4,590,000
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
4,590,000
C. Eton Park Associates, L.P.
(a) Amount beneficially owned: 2,160,000
(b) Percent of class: 2.00%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 2,160,000
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
2,160,000
D. Eton Park Capital Management, L.P.
(a) Amount beneficially owned: 4,590,000
(b) Percent of class: 4.25%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 4,590,000
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
4,590,000
E. Eric M. Mindich
(a) Amount beneficially owned: 6,750,000
(b) Percent of class: 6.24%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 6,750,000
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
6,750,000
CUSIP No. 880779103 13G Page 10 of 13 Pages
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
EP Associates, the general partner of EP Fund, has the power to direct the
affairs of EP Fund including decisions with respect to the disposition of the
proceeds from the sale of the shares of Common Stock held by EP Fund. Eton Park
Associates, L.L.C. serves as the general partner of EP Associates. Mr. Mindich
is managing member of Eton Park Associates, L.L.C. and may, by virtue of his
position as managing member, be deemed to have power to direct the vote and
disposition of the shares of Common Stock held by EP Fund. EP Master Fund is a
client of EP Management. Eton Park Capital Management, L.L.C. serves as the
general partner of EP Management. Mr. Mindich is the managing member of Eton
Park Capital Management, L.L.C. and may, by virtue of his position as managing
member, be deemed to have power to direct the vote and disposition of the shares
of Common Stock held by EP Master Fund. Mr. Mindich disclaims beneficial
ownership of the Common Stock reported herein, other than the portion of such
shares which relates to his individual economic interest in each of EP Fund and
EP Master Fund.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
See Item 2.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Each of the Reporting Persons hereby makes the following certification:
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
CUSIP No. 880779103 13G Page 11 of 13 Pages
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
DATED: December 31, 2009
ERIC M. MINDICH, individually, and as managing
member of: (i) Eton Park Associates, L.L.C., as
general partner of Eton Park Associates, L.P., (a)
for itself and (b) as general partner of Eton Park
Fund, L.P.; and (ii) Eton Park Capital Management,
L.L.C., as general partner of Eton Park Capital
Management, L.P., (a) for itself and (b) as
investment adviser of Eton Park Master Fund, Ltd.
By: /s/ Marcy Engel
--------------------------
Name: Marcy Engel*
Title: Attorney-in-Fact
* Pursuant to a Power of Attorney dated as of August 17, 2007 attached hereto as
Exhibit 2.
CUSIP No. 880779103 13G Page 12 of 13 Pages
EXHIBIT 1
JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13d-1(k)
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G, is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G, shall be filed on
behalf of each of the undersigned without the necessity of filing additional
joint acquisition statements. The undersigned acknowledge that each shall be
responsible for the filing of such amendments, and for the completeness and
accuracy of the information concerning him or it contained therein, but shall
not be responsible for the completeness and accuracy of the information
concerning the others, except to the extent that he or it knows or has reason to
believe that such information is inaccurate.
Dated: December 31, 2009
ERIC M. MINDICH, individually, and as managing
member of: (i) Eton Park Associates, L.L.C., as
general partner of Eton Park Associates, L.P., (a)
for itself and (b) as general partner of Eton Park
Fund, L.P.; and (ii) Eton Park Capital Management,
L.L.C., as general partner of Eton Park Capital
Management, L.P., (a) for itself and (b) as
investment adviser of Eton Park Master Fund, Ltd.
By: /s/ Marcy Engel
--------------------------
Name: Marcy Engel*
Title: Attorney-in-Fact
* Pursuant to a Power of Attorney dated as of August 17, 2007 attached hereto as
Exhibit 2.
CUSIP No. 880779103 13G Page 13 of 13 Pages
EXHIBIT 2
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that I, ERIC M. MINDICH, hereby make, constitute
and appoint MARCY ENGEL, acting individually, as my agent and attorney-in-fact
for the purpose of executing in my name, (a) in my personal capacity or (b) in
my capacity as Managing Member, member of or in other capacities with Eton Park
Capital Management, L.L.C., Eton Park Associates, L.L.C. and each of their
affiliates or entities under my control, all documents relating to the
beneficial ownership of securities required to be filed with the United States
Securities and Exchange Commission (the "SEC") pursuant to Section 13(d),
Section 13(g) or Section 16(a) of the Securities Exchange Act of 1934 (the
"Act").
All past acts of the attorneys-in-fact in furtherance of the foregoing are
hereby ratified and confirmed.
This power of attorney shall be valid from the date hereof until revoked by me.
IN WITNESS WHEREOF, I have executed this instrument as of the 17th day of
August, 2007.
/s/ Eric M. Mindich
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Eric M. Mindich