-----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, VJ7ea9mealMQvZ5TRrsZuuMSW1ZGpDsPwecH3Au68RwTq9PakK/Wu31V9Nz4yLK0 hkxcc5kKLy9cIx6ypd5EZg== 0000950130-99-002083.txt : 19990412 0000950130-99-002083.hdr.sgml : 19990412 ACCESSION NUMBER: 0000950130-99-002083 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990405 ITEM INFORMATION: FILED AS OF DATE: 19990409 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FOX ENTERTAINMENT GROUP INC CENTRAL INDEX KEY: 0001068002 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812] IRS NUMBER: 954066193 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-14595 FILM NUMBER: 99590493 BUSINESS ADDRESS: STREET 1: 1211 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2128527000 MAIL ADDRESS: STREET 1: 1211 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 8-K 1 CURRENT REPORT - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): April 5, 1999 FOX ENTERTAINMENT GROUP, INC. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) Delaware 1-14595 95-4577574 --------------- ---------------- -------------- (State or other (Commission File (IRS Employer jurisdiction of Number) Identification incorporation) No.) 1211 Avenue of the Americas New York, New York 10036 ----------------------------------------- (Address of principal executive offices) Registrant's Telephone Number, including area code: (212) 852-7111 ---------------------------------------------------- (Former Address, if changed since last report) - -------------------------------------------------------------------------------- Item 5: Other Events. The News Corporation Limited ("News Corporation"), the parent company of Fox Entertainment Group, Inc. (the "Company"), announced on April 5, 1999 that it has agreed to acquire substantially all of Liberty Media Corporation's ("Liberty") 50% interest in Fox/Liberty Networks, LLC and other related businesses. In exchange for its interests, Liberty will receive approximately 51.8 million ADRs (representing 207.1 million preferred limited voting ordinary shares of News Corporation) valued at $1.425 billion. Upon consummation of the transaction, News Corporation will transfer the acquired interests to the Company in exchange for 51,759,834 shares of the Company's Class A Common Stock valued at approximately $1.425 billion, thereby increasing News Corporation's equity interest in the Company to 82.8%, up from 81.4%. The Company currently holds the other 50% interest in the Fox/Liberty joint ventures. The transaction is expected to close by the end of June upon fulfillment of certain customary conditions, including regulatory approvals. Liberty will retain its 50% interest in International Sports Programming Partners, the international sports programming business in which the Company and Liberty are partners. -2- SIGNATURES 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. Dated: April 9, 1999 FOX ENTERTAINMENT GROUP, INC. By: /s/ Lawrence A. Jacobs ---------------------------------- Name: Lawrence A. Jacobs Title: Secretary -----END PRIVACY-ENHANCED MESSAGE-----