-----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, E0psm2KdKo+m1/P/FLo/wd+8Z8ASDfCk/3uZDCxZw3xC6Nh+ueAdwDkoQhpaNLfe bsegOx/rkPb9dHhO/kWfFA== 0000950159-00-000014.txt : 20000202 0000950159-00-000014.hdr.sgml : 20000202 ACCESSION NUMBER: 0000950159-00-000014 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000118 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000121 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMCAST CORP CENTRAL INDEX KEY: 0000022301 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 231709202 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-15471 FILM NUMBER: 510948 BUSINESS ADDRESS: STREET 1: 1500 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19102-2148 BUSINESS PHONE: 2156651700 MAIL ADDRESS: STREET 1: 1500 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19102-2148 8-K 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): January 18, 2000 COMCAST CORPORATION ------------------------------------------------------ (Exact name of registrant as specified in its charter) Pennsylvania 0-6983 23-1709202 - ---------------- ---------------- ------------- (State or other (Commission file (IRS employer jurisdiction of number) identification incorporation) no.) 1500 Market Street, Philadelphia, PA 19102-2148 -------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (215) 665-1700 -------------- Item 5. OTHER EVENTS On January 18, 2000, Comcast Corporation ("Comcast"), through its wholly owned subsidiary Comcast LCI Holdings, Inc. ("LCI Holdings"), completed the acquisition of Lenfest Communications, Inc. ("Lenfest"), the nation's ninth largest cable television operator (the "Acquisition") for approximately 121.4 million shares, subject to closing adjustments, of Comcast's Class A Special Common Stock, par value $1.00 per share. As part of the Acquisition, Lenfest merged with and into LCI Holdings, with LCI Holdings as the surviving corporation of the merger. A press release announcing the completion of the Acquisition was issued by Comcast on January 18, 2000. The information contained in the press release is incorporated herein by reference. The press release is attached hereto as Exhibit 99.1. ITEM 7. Financial Statements and Exhibits. (c) Exhibits: 99.1 Press Release dated January 18, 2000. 2 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. Dated: January 21, 2000 COMCAST CORPORATION By: /s/ William E. Dordelman ----------------------- William E. Dordelman Vice President 3 EXHIBIT INDEX ------------- 99.1 Press Release dated January 18, 2000. 4 EX-99.1 2 FOR IMMEDIATE RELEASE COMCAST COMPLETES ACQUISITION OF LENFEST Philadelphia, PA - January 18, 2000: Comcast Corporation announced today that it has completed the acquisition of Lenfest Communications, Inc. (Lenfest), the nation's ninth largest cable television operator. The acquisition adds approximately 1.25 million cable subscribers to Comcast Cable, solidifying its position as the third largest cable operator and creating one of the largest and most concentrated broadband operations in the country. With the addition of Lenfest and other pending transactions, Comcast Cable will serve over 8.2 million customers. More than four million of these customers will be located in the mid-Atlantic region, stretching from New Jersey to suburban Washington, D.C. Comcast views geographic consolidation of key markets as critically important to the company's future, enhancing its ability to offer expanded digital video and high-speed Internet access services to its customers and helping accelerate deployment of future services, such as residential and commercial telephone, through its networks. "This is a red-letter day in the history of Comcast," said Ralph J. Roberts, chairman of Comcast Corporation. "Two great cable companies, both of which have their roots in the Philadelphia area, are now one. Gerry Lenfest is an extraordinary entrepreneur, and he has built a great business in Suburban Cable. We salute Gerry for all that he has accomplished. We now look forward to officially welcoming Suburban Cable customers into the Comcast family." "I did not take lightly the importance of turning over the ownership of Suburban Cable, the company we built over the last twenty-five years, to the right successor," said H.F. (Gerry) Lenfest, president and chief executive officer of Lenfest. "I am most pleased that the ownership of Suburban will pass to Comcast. Comcast is headquartered in Philadelphia and has grown into a major, national diversified communications company under the able leadership of Ralph and Brian Roberts and their management team. I am confident that the Suburban cable operations and our employees will benefit from being part of the Comcast family." Comcast Corporation (www.comcast.com [http://www.comcast.com] ) is principally engaged in the development, management and operation of broadband cable networks and in the provision of content through principal ownership of QVC, Comcast-Spectacor and Comcast SportsNet, a controlling interest in E! Entertainment Television and through other programming investments. Comcast's Class A Special and Class A Common Stock are traded on The Nasdaq Stock Market under the symbols CMCSK and CMCSA, respectively. ### -----END PRIVACY-ENHANCED MESSAGE-----