-----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, IjHCll7BTRCvmdKYhGI/ex3XqcSQwOQnkBF8KgJC2ZRdtRqBlJTsMnXBCN+9Y4Qg rwMYYTpN1rTXNEkq9dvJAQ== 0000732718-95-000014.txt : 19951002 0000732718-95-000014.hdr.sgml : 19951002 ACCESSION NUMBER: 0000732718-95-000014 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19950922 ITEM INFORMATION: Changes in control of registrant FILED AS OF DATE: 19950922 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: US WEST INC CENTRAL INDEX KEY: 0000732718 STANDARD INDUSTRIAL CLASSIFICATION: 4813 IRS NUMBER: 840926774 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08611 FILM NUMBER: 95575494 BUSINESS ADDRESS: STREET 1: 7800 E ORCHARD RD STREET 2: SUITE 480 CITY: ENGLEWOOD STATE: CO ZIP: 80111 BUSINESS PHONE: 3037936629 MAIL ADDRESS: STREET 1: 7800 EAST ORCHARD ROAD STREET 2: SUITE 480 CITY: ENGLEWOOD STATE: CO ZIP: 80111 8-K 1 FORM 8-K 9/22/95 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: September 22, 1995 U S WEST, INC. A Colorado Commission File IRS Employer Identification Corporation Number 1-8611 No. 84-0926774 7800 East Orchard Road, Englewood, Colorado 80111 Telephone Number (303) 793-6500 2 Item 7. Exhibit 99 Press release entitled "U S WEST Files to Stop Time Warner- Turner Merger" 3 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 hereunto duly authorized. U S WEST, Inc. /s/ STEPHEN E. BRILZ By __________________________ Stephen E. Brilz Senior Attorney and Assistant Secretary Dated: September 22, 1995 EX-99 2 EX-99 PRESS RELEASE 1 EXHIBIT 99 U S WEST, Inc. 7800 East Orchard Road Englewood, CO 80111 303 793-6500 NEWS RELEASE Release Date: September 22, 1995 Contact: Steve Lang, 303-754-5441 Lois Leach, 303-793-6355 U S WEST FILES TO STOP TIME WARNER-TURNER MERGER - Proposed merger violates Time Warner Entertainment Partnership Agreement - - Would create numerous conflicts of interest for Time Warner - ENGLEWOOD, Colo. - U S WEST (NYSE:USW) today asked the Delaware Chancery Court to prevent the proposed merger of Time Warner and Turner Broadcasting. In its complaint, U S WEST says the agreements under which U S WEST was admitted to the Timer Warner Entertainment partnership include covenants that prohibit the partners from competing with each other. U S WEST says that the Time Warner Entertainment partnership is a competitor of Turner Broadcasting, and that ownership of Turner by Time Warner would pose conflicts for Time Warner. When the Time Warner Entertainment Partnership was formed, it was the expressed intent of the partners to carry out cable, programming and filmed entertainment through one vehicle, U S WEST said. The proposed merger will create endless operational and legal problems in terms of conflicts and business opportunities, according to the company. 2 For example, Time Warner would be required to decide whether New Line Cinema, which it would own outright, or Warner Bros., of which it owns 75 percent, should make a particular film or buy a particular script, U S WEST said. "We have had continuing discussions with Time Warner about these issues since the Turner merger first surfaced," said Richard McCormick, chairman and CEO of U S WEST. "We have explained our concerns to Time Warner that the separate legal and economic structures of Time Warner Inc. and Time Warner Entertainment will make the potential synergies of the Turner merger difficult to realize and will create innumerable conflicts of interest and violations of fiduciary obligations," McCormick said. "We continue to be available to meet to resolve these issues." McCormick added, "We believe that to protect the rights of our shareowners we had no choice but to file this complaint." U S WEST is in the connections business, helping customers share information, communications and entertainment services in local markets worldwide. #### -----END PRIVACY-ENHANCED MESSAGE-----