-----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, F7yZeoLqVhWo4xl1iR4i2JsleMZng+TO2NK16cewAiTzmqLgU9eM8ITiy12fn9F5 3Iv+KcL+7hgetm6lkS9Djw== 0000950159-99-000161.txt : 19990624 0000950159-99-000161.hdr.sgml : 19990624 ACCESSION NUMBER: 0000950159-99-000161 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990526 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990527 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JONES INTERCABLE INC CENTRAL INDEX KEY: 0000275605 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 840613514 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-09953 FILM NUMBER: 99636149 BUSINESS ADDRESS: STREET 1: P O BOX 3309 CITY: ENGLEWOOD STATE: CO ZIP: 80155-3309 BUSINESS PHONE: 3037923111 MAIL ADDRESS: STREET 1: 9697 EAST MINERAL AVENUE CITY: ENGLEWOOD STATE: CO ZIP: 80112 8-K 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 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): May 26, 1999 JONES INTERCABLE, INC. ---------------------------------- (Exact name of registrant as specified in charter) COLORADO 001-09953 84-0613514 ------------------------ ------------------------ ---------------- (State of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) c/o Comcast Corporation 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 May 26, 1999, Comcast Corporation, a Pennsylvania corporation ("Comcast") and Jones Intercable, Inc., a Colorado corporation and an indirect controlled subsidiary of Comcast ("Jones"), announced agreements (the "Agreements") to swap certain cable systems with Adelphia Communications, a Delaware corporation. A press release announcing the Agreements was issued by Comcast and Jones on May 26, 1999. The information contained in the press release is incorporated herein by reference. The press release is attached hereto as Exhibit 99.1. ITEM 7(c). EXHIBITS 99.1 Press Release dated May 26, 1999. 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. JONES INTERCABLE, INC. Dated: May 27, 1999 By: /s/ Joseph J. Euteneuer --------------------------------------- Joseph J. Euteneuer Vice President (Authorized Officer) 2 EX-99.1 2 COMCAST CORPORATION NEWS RELEASE - ------------------------------------------------------------------------------- Contact: John R. Alchin, Senior Vice President and Treasurer (215) 981-7503 William E. Dordelman, Vice President, Finance (215) 981-7550 Marlene S. Dooner, Senior Director, Investor Relations (215) 981-7392 FOR IMMEDIATE RELEASE COMCAST CORPORATION AND JONES INTERCABLE ANNOUNCE CABLE SYSTEM SWAPS WITH ADELPHIA COMMUNICATIONS Philadelphia, PA -- May 26, 1999: Comcast Corporation and Jones Intercable, Inc. announced today agreements to swap certain cable systems with Adelphia Communications. These cable system swaps will continue to strengthen Comcast's Mid-Atlantic super-cluster, encompassing cable systems in New Jersey, eastern Pennsylvania, Maryland, Delaware, Washington DC and Virginia. These system swaps, together with other pending acquisitions and investments will make Comcast's Mid-Atlantic super-cluster one of the largest cable system clusters in the nation with interests in more than four million owned and managed cable subscribers. In addition, they will enhance Comcast's and Jones' cable clusters in the Midwest, in Michigan and Indiana, and also in West Florida. In the aggregate, these swaps will add approximately 464,000 cable subscribers currently held by Adelphia to Comcast and Jones markets. In exchange, Adelphia will receive current Comcast and Jones systems serving approximately 440,000 subscribers in the greater Los Angeles area as well as in Palm Beach, Florida. All systems involved in the transactions will be valued based upon independent appraisals with any difference in relative value to be funded with cash or additional cable systems. The system swaps are subject to customary closing and regulatory approvals and are expected to close by mid-2000. Comcast Corporation (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 Common Stock and Class A Common Stock are traded on The Nasdaq Stock Market under the symbols CMCSK and CMCSA, respectively. Jones Intercable, Inc. (www.jic.com) is principally involved in the development, management and operation of broadband cable networks serving more than 1.0 million customers. On April 7, 1999, Comcast Corporation completed the acquisition of a controlling interest in Jones Intercable, Inc. As a result, Jones Intercable is now a consolidated public company subsidiary of Comcast Cable Communications, Inc., an indirect consolidated subsidiary of Comcast Corporation. Jones Intercable's Common Stock and Class A Common Stock are traded on The Nasdaq Stock Market under the symbols JOIN and JOINA, respectively. #### -----END PRIVACY-ENHANCED MESSAGE-----