-----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, NMJo6V/GnvwqnAtBewWnJBJgf5HT/RhBm5tk/3hXPQkfj/bOMcifKPDtscH/jM4c 5VVGr7FfEQjrgl2ZQOaGUg== 0001193125-04-114209.txt : 20040706 0001193125-04-114209.hdr.sgml : 20040705 20040706141101 ACCESSION NUMBER: 0001193125-04-114209 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20040706 ITEM INFORMATION: Other events FILED AS OF DATE: 20040706 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ENTRAVISION COMMUNICATIONS CORP CENTRAL INDEX KEY: 0001109116 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 954783236 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15997 FILM NUMBER: 04902082 BUSINESS ADDRESS: STREET 1: 2425 OLYMPIC BLVD STREET 2: STE 6000 WEST CITY: SANTA MONICA STATE: CA ZIP: 90404 BUSINESS PHONE: 3104473870 MAIL ADDRESS: STREET 1: 2425 OLYMPIC BLVD STREET 2: STE 6000 WEST CITY: SANTA MONICA STATE: CA ZIP: 90404 8-K 1 d8k.htm FORM 8-K FORM 8-K

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): July 6, 2004

 

ENTRAVISION COMMUNICATIONS CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware   0-23125   95-4783236

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

2425 Olympic Boulevard, Suite 6000 West, Santa Monica, CA 90404

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (310) 447-3870

 



Item 5. Other Events and Regulation FD Disclosure.

 

On July 6, 2004, Entravision Communications Corporation (the “Company”) issued a press release announcing that it has repurchased 2,542,006 shares of its Series A convertible preferred stock for $55 million and, subject to its ability to raise financing on terms acceptable to it in its sole discretion, has agreed to repurchase the remaining shares of Series A preferred stock by June 30, 2005. A copy of that press release is attached hereto as Exhibit 99 and incorporated herein by reference.

 

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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.

 

        ENTRAVISION COMMUNICATIONS CORPORATION
Date: July 6, 2004       By:   /s/    WALTER F. ULLOA        
               

Walter F. Ulloa

Chairman and Chief Executive Officer

 

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INDEX TO EXHIBITS

 

Exhibit No.

  

Description


99    Press release issued by Entravision Communications Corporation on July 6, 2004.

 

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EX-99 2 dex99.htm PRESS RELEASE PRESS RELEASE

Exhibit 99

 

LOGO

 

ENTRAVISION COMMUNICATIONS CORPORATION ANNOUNCES

REPURCHASE OF SERIES A PREFERRED STOCK

 

SANTA MONICA, CALIFORNIA – July 6, 2004 – Entravision Communications Corporation (NYSE: EVC) announced today that it has repurchased 2,542,006 shares of its Series A convertible preferred stock from TSG Capital Fund III, L.P. for $55 million, funded by a combination of additional borrowings under the company’s existing bank credit facility and available cash on hand. Under a revised share repurchase agreement with TSG Capital, subject to Entravision’s ability to raise financing on terms acceptable to it in its sole discretion, the company will repurchase the remaining 3,323,096 shares of Series A preferred stock from TSG Capital by June 30, 2005. The price of the repurchases will reflect a small premium to the liquidation value at the time of repurchase. The repurchases will remove the potential uncertainty resulting from the April 2006 put option associated with the Series A preferred stock.

 

Entravision Communications Corporation is a diversified Spanish-language media company utilizing a combination of television, radio and outdoor operations to reach approximately 75% of Hispanic consumers across the United States, as well as the border markets of Mexico. Entravision is the largest affiliate group of both the top-ranked Univision television network and Univision’s TeleFutura network, with television stations in 20 of the nation’s top 50 Hispanic markets. The company also operates one of the nation’s largest centrally programmed Spanish-language radio networks, which serves 21 markets via 54 owned and/or operated radio stations. The company’s outdoor operations consist of approximately 10,900 advertising faces concentrated primarily in Los Angeles and New York. Entravision shares of Class A Common Stock are traded on The New York Stock Exchange under the symbol: EVC.

 

Contact:

Michael Smargiassi/Jonathan Lesko

Brainerd Communicators, Inc.

212-986-6667

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