8-K 1 advisorspr.txt ADVISORS PRESS RELEASE 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): February 18, 2004 CITIZENS COMMUNICATIONS COMPANY (Exact name of registrant as specified in its charter) Delaware 001-11001 06-0619596 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 3 High Ridge Park Stamford, Connecticut 06905 (Address of Principal Executive Offices) (203) 614-5600 (Registrant's Telephone Number, Including Area Code) No Change Since Last Report --------------------------- (Former name or former address, if changed since last report) ITEM 5. Other Events ------------ On February 18, 2004, Citizens Communications Company issued a press release. A copy of the press release is attached hereto as Exhibit 99.5. 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 thereunto duly authorized. CITIZENS COMMUNICATIONS COMPANY (Registrant) By: /s/ Robert J. Larson -------------------------------- Robert J. Larson Chief Accounting Officer Date: February 23, 2004 Exhibit 99.5 Citizens Communications 3 High Ridge Park Stamford, CT 06905 203.614.5600 Web site: www.czn.net Contacts: Scott N.Schneider Jerry Elliott President and Chief Operating Officer Chief Financial Officer 203.614.5219 203.614.6722 Citizens Communications Engages Advisors Stamford, Conn., February 18, 2004 - Citizens Communications (NYSE:CZN) today announced that it has engaged J.P. Morgan Securities and Morgan Stanley as financial advisors and Simpson Thacher & Bartlett LLP as legal counsel to assist it in its previously announced intention to explore alternatives. The advisors will assist the company in evaluating a range of possible financial and strategic alternatives designed to enhance shareholder value, although there can be no assurance that the company will undertake any particular action as a result of this review. More information on Citizens can be found at www.czn.net. ###