-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, ZsuYXmBIFOT2McHcRdL7CAHGQpIbAxETbD/ZzlUdCq0m3qtf34D4XVFGvotFjWuM OaGnFa3DuKjVgNhJdrpAUw== 0000732718-94-000030.txt : 19941215 0000732718-94-000030.hdr.sgml : 19941215 ACCESSION NUMBER: 0000732718-94-000030 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19941208 ITEM INFORMATION: Changes in control of registrant FILED AS OF DATE: 19941209 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: 94564019 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 12/8/94 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: December 8, 1994 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. Exhibits 99 Press release entitled "U S WEST Announces Plan to Buy Back Stock, Completes Acquisition of Atlanta Cable Properties" issued on December 8, 1994. 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: December 8, 1994 EX-99 2 EXHIBIT 99 U S WEST, Inc. 7800 East Orchard Road Englewood, CO 80111 303 793-6500 NEWS RELEASE Release Date: December 8, 1994 Contact: Investor Relations, 303-793-6356 U S WEST ANNOUNCES PLAN TO BUY BACK STOCK, COMPLETES ACQUISITION OF ATLANTA CABLE PROPERTIES ENGLEWOOD, Colo. -- U S WEST has completed the acquisition of Wometco Cable Corp. and the Georgia and Atlanta Cable Television partnerships in the Atlanta area. The $1.2 billion acquisition was made with 12,779,206 shares of U S WEST common stock, valued at $459 million, as well as cash and assumed debt. "This acquisition is an important step in U S WEST's strategy to build long-term shareowner value by expanding our customer base outside the company's 14-state territory," said Richard McCormick, U S WEST chairman and CEO. "We're excited about Atlanta because these cable properties broaden U S WEST's multimedia 'footprint' in one of the most attractive markets in the country." McCormick also said that, given U S WEST's current stock price, the company intends to purchase shares in the market up to an amount equal to those issued for the Atlanta acquisition. The buy-back plan is contingent on market conditions. "Buying U S WEST shares reflects our view of the stock's tremendous value today and a commitment to executing our strategy in a way that maximizes value for our shareowners," he said. The plan to acquire the cable systems was announced in July. The systems serve 466,000 customers, which represents about 65 percent of the cable customers in the Atlanta area. The systems are held by Southern Multimedia Communications, a wholly owned subsidiary of the U S WEST Multimedia Group. U S WEST is in the connections business, helping customers share information, entertainment and communications services in local markets worldwide. The U S WEST Multimedia Group manages U S WEST's entry into domestic wired markets outside the 14 states served by U S WEST Communications and develops multimedia opportunities for U S WEST. ### -----END PRIVACY-ENHANCED MESSAGE-----