-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CSMMNAp76xMMa5NMjqMfEMllvWcrQnRJLVXmWWCAxx9EpnPFr4+edAzlnbO4Mc5w PuN3tkpAyzeqXJhdGyguSA== 0000893220-99-000311.txt : 19990315 0000893220-99-000311.hdr.sgml : 19990315 ACCESSION NUMBER: 0000893220-99-000311 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990312 ITEM INFORMATION: ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990312 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTERCOM COMMUNICATIONS CORP CENTRAL INDEX KEY: 0001067837 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 231701044 STATE OF INCORPORATION: PA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-14461 FILM NUMBER: 99563831 BUSINESS ADDRESS: STREET 1: 401 CITY AVENUE STREET 2: SUITE 409 CITY: BALA CYNWYD STATE: PA ZIP: 19004 BUSINESS PHONE: 6106605610 MAIL ADDRESS: STREET 1: 401 CITY AVENUE STREET 2: SUITE 409 CITY: BALA CYNWYD STATE: PA ZIP: 19004 8-K 1 FORM 8-K ENTERCOM COMMUNICATIONS CORP. 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): MARCH 12, 1999 --------------- ENTERCOM COMMUNICATIONS CORP. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) PENNSYLVANIA 001-14461 23-1701044 - -------------------------------------------------------------------------------- (State or Other (Commission (IRS Employer Jurisdiction of File Number) Identification No.) Incorporation) 401 CITY AVENUE, SUITE 409, BALA CYNWYD, PENNSYLVANIA 19004 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (610) 660-5610 -------------- - -------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) 2 ITEM 2. ACQUISITION OF ASSETS. --------------------- On February 22, 1999, Entercom Communications Corp., a Pennsylvania corporation (the "Company") consummated its previously announced acquisition of WAAF-FM and WEGQ-FM in Boston and WWTM-AM in Worchester, (the "Second Boston Stations") pursuant to an Asset Purchase Agreement dated August 13, 1998, by and among the Company, CBS Radio, Inc., CBS Radio License, Inc. and ARS Acquisition II, Inc (the "Asset Purchase Agreement"). The Company began operating the Second Boston Stations in September 1998, under a time brokerage agreement. Pursuant to the Asset Purchase Agreement, the Company purchased the Second Boston Stations for a purchase price of $58.0 million in cash. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. ------------------------------------------------------------------ (a) Financial Statements of Stations Acquired. Financial Statements reflecting the acquisition of the Second Boston Stations for the periods specified in Rule 3-05(b) of Regulation S-X have been previously filed with the Securities and Exchange Commission (the "SEC") as part of the Company's Registration Statement on Form S-1 (File No. 333-61381) and are omitted from this report pursuant to General Instruction B.3. of Form 8-K. (b) Pro Forma information required pursuant to Article 11 of Regulation S-X has been previously filed with the SEC as part of the Company's Registration Statement on Form S-1 (File No. 333-61381) and is omitted from this report pursuant to General Instruction B.3. of Form 8-K. (c) Exhibits. The Asset Purchase Agreement is incorporated herein by reference. ITEM 8. CHANGE IN FISCAL YEAR. --------------------- On March 12, 1999, Entercom determined to change its fiscal year end from September 30 to December 31. The Company will file a transition report on Form 10-Q covering the transition period from October 1, 1998 to December 31, 1998. 1 3 SIGNATURE --------- Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ENTERCOM COMMUNICATIONS CORP. Date: March 12, 1999 By: /s/ David J. Field ----------------------------- David J. Field, President and Chief Operating Officer 2 4 Exhibit Index ------------- Exhibit Number Description - -------------- ----------- 10.14 Asset Purchase Agreement, dated as of August 13, 1998, by and among the Company, CBS Radio, Inc., CBS Radio License, Inc. and ARS Acquisition II, Inc.* - -------------------- * Incorporated by reference to the Company's Registration Statement on Form S-1 (File No. 333-61381). -----END PRIVACY-ENHANCED MESSAGE-----