-----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, EMeWzTcJIrdIpx+EqoXaiTNZbp1m3T0YTT/Tc9UubnJpbi0ora1tLS0mBtXFyDU0 I8yGvu44UUa3vEiUvApZmA== 0000015615-97-000020.txt : 19970815 0000015615-97-000020.hdr.sgml : 19970815 ACCESSION NUMBER: 0000015615-97-000020 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970806 ITEM INFORMATION: Acquisition or disposition of assets FILED AS OF DATE: 19970814 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: MASTEC INC CENTRAL INDEX KEY: 0000015615 STANDARD INDUSTRIAL CLASSIFICATION: WATER, SEWER, PIPELINE, COMM AND POWER LINE CONSTRUCTION [1623] IRS NUMBER: 591259279 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08106 FILM NUMBER: 97662906 BUSINESS ADDRESS: STREET 1: 3155 N W 77TH AVE CITY: MIAMI STATE: FL ZIP: 33122 BUSINESS PHONE: 3055991800 MAIL ADDRESS: STREET 1: 3155 NW 77TH AVENUE STREET 2: SUITE 115 CITY: MIAMI STATE: FL ZIP: 33122-1205 FORMER COMPANY: FORMER CONFORMED NAME: BURNUP & SIMS INC DATE OF NAME CHANGE: 19920703 8-K 1 FORM 8-K FOR MASTEC-INEPAR CLOSING OF ACQUISITION SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 14 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported) August 6, 1997 MASTEC, INC. ----------------------------------------------- (Exact Name of Registrant as Specified in Charter) Delaware 0-3797 59-1259279 - -------------------------------------------------------------------------------- (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 3155 N.W. 77th Avenue, Miami, Florida 33122-1205 -------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (305) 599-1800 N/A ------------------------------------------------------------ (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events On August 6, 1997, MasTec, Inc. announced the closing of the acquisition by MasTec of 51% of MasTec Inepar S/A - Sistemas De Telecomunicacoes (MasTec-Inepar), a newly formed Brazilian telecommunications infrastructure contractor with a backlog of approximately $280 million in construction contracts in Brazil. This includes $50 million in contracts awarded since the acquisition agreement was first announced last May. MasTec contributed $29.4 million in new capital to the company and issued 250,000 shares of MasTec stock and options to acquire an additional 50,000 shares in exchange for the 51% interest. Item 7. Financial Statements and Exhibits. (c) 99.1 Press release dated August 6,1997. SIGNATURES Pursuant to the requirement of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: August 6, 1997. /s/ Edwin D. Johnson -------------------- Edwin D. Johnson Senior Vice President- Chief Financial Officer (Principal Financial Officer and Authorized Officer) EX-99.1 2 PRESS RELEASE DATED AUGUST 6, 1997 NEWS For Immediate Release From MasTec, Inc. August 6, 1997 3155 N.W. 77th Avenue, Suite 135 Miami, Florida 33122-1205 Tel : (305) 599-1800 Fax : (305) 406-1908 For more information contact: Edwin D. Johnson, Chief Financial Officer www.ejohnson@mastec.com MASTEC CLOSES ACQUISITION OF BRAZILIAN TELECOM CONTRACTOR MIAMI, FL - MasTec, Inc. (NYSE: MTZ) announced today the closing of the acquisition by MasTec of 51% of MasTec Inepar S/A - Sistemas De Telecomunicacoes (MasTec-Inepar), a newly formed Brazilian telecommunications infrastructure contractor with a backlog of approximately $280 million in construction contracts in Brazil. This includes $50 million in contracts awarded since the acquisition agreement was first announced last May. MasTec contributed $29.4 million in new capital to the company and issued 250,000 shares of MasTec stock and options to acquire an additional 50,000 shares in exchange for the 51% interest. The new contracts recently awarded to MasTec-Inepar are: a turn-key project to construct the infrastructure for Motorola's cellular equipment being installed in Parana for TELEPAR, the local telephone company for Parana state, and a similar turn-key cellular infrastructure project for CRT, the local telephone company in Rio Grande do Sul. Both TELEPAR and CRT are incumbent local exchange carriers in the Telebras system and their cellular systems are considered A-band systems. Telefonica de Espana, MasTec's principal foreign customer, recently acquired a significant ownership interest in CRT as part of the ongoing privatization of the state owned telephony system. These two contracts total approximately $50 million. MasTec also announced that Kalil Cury Filho has been appointed President and Chief Executive Officer of the new company. Mr. Cury was the CEO of Partner Desenvolvimento de Negocios, a consulting and advisory company providing specialized expertise regarding privatization, finance and business development in the energy, telecommunications, sanitation and transportation industries. In 1995, Mr. Cury was appointed the State Secretary of Trade, Industry and Economic Development of Parana State, Brazil. Mr. Cury has over twenty years of management experience in infrastructure engineering and construction. MasTec-Inepar will continue to target infrastructure projects in the burgeoning Brazilian telecommunications field. Over the past thirty days, the Brazilian government has begun to award multi-billion dollar B-band cellular licenses and the Brazilian Congress has approved and forwarded to the President for signature a telecommunications act to allow the further privatization and deregulation of telephony throughout the country. Each of these developments continue to promote infrastructure spending and provide excellent prospects for MasTec-Inepar. Opening the Lines of Communication(R) worldwide, MasTec is one of the world's leading telecommunications and related infrastructure service providers, serving clients throughout the United States, Latin America and Spain. ### -----END PRIVACY-ENHANCED MESSAGE-----