-----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, UBbfT8uCIy3WClKowqp2zeckeTJ1UjaMgVT6+zjiojLLoyAJsaq83XWmrib8iiQB 1rDGqhC25h6+pJGQneL1aQ== 0000739708-99-000002.txt : 19990115 0000739708-99-000002.hdr.sgml : 19990115 ACCESSION NUMBER: 0000739708-99-000002 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980625 ITEM INFORMATION: FILED AS OF DATE: 19990114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CLEAR CHANNEL COMMUNICATIONS INC CENTRAL INDEX KEY: 0000739708 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 741787536 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: SEC FILE NUMBER: 001-09645 FILM NUMBER: 99506020 BUSINESS ADDRESS: STREET 1: 200 CONCORD PLAZA STREET 2: STE 600 CITY: SAN ANTONIO STATE: TX ZIP: 78216 BUSINESS PHONE: 2108222828 MAIL ADDRESS: STREET 1: 200 CONCORD PLAZA SUITE 600 STREET 2: 200 CONCORD PLAZA SUITE 600 CITY: SAN ANTONIO STATE: TX ZIP: 78216 8-K/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K/A 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 14, 1999 (June 25, 1998) Clear Channel Communications, Inc. (Exact name of registrant as specified in its charter) Texas (State of Incorporation) 1-9645 74-1787536 (Commission File Number) (I.R.S. Employer Identification No.) 200 Concord Plaza, Suite 600 San Antonio, Texas 78216 (210) 822-2828 (Address and telephone number of principal executive offices) Clear Channel Communications, Inc. Form 8-K/A Item 5 OTHER EVENTS. On July 10, 1998, Clear Channel Communications, Inc., a Texas corporation (the Company), filed a Current Report on Form 8-K. On September 4, 1998, the Company filed a current Report on Form 8-K/A to amend the July 10, 1998 filing with the information required under item 7 (a) and item 7 (b). The Company is filing this amendment to include the purchase price information required in the notes to the pro forma information under item 7 (b). Item 7 FINANCIAL STATEMENTS AND EXHIBITS (b) Pro Forma Financial Information. On August 6, 1998, the Company completed the final closing of its tender offer for all of the issued and to be issued shares of More Group Plc., ("More"), an outdoor advertising company based in the United Kingdom. Through a series of transactions beginning in May 1998, the Company purchased all issued share capital of More for (pound)11.10 per share, totaling approximately $768.1 million. In addition the Company assumed approximately $137.7 million in long-term debt. Adjustments to reflect the application of the purchase method of accounting as if the acquisition had been consummated December 31, 1997 are as follows: Increase (Decrease) Cash and cash equivalents $ (8,590) Licenses and goodwill 596,581 Accumulated amortization (10,590) Long-term debt 768,107 Common stock (6,872) Additional paid-in capital (103,801) Retained earnings (55,398) Other equity (3,455) (c) Index to Exhibits None SIGNATURES 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. Clear Channel Communications, Inc. Date January 14, 1999 By /s/HERBERT W. HILL, JR. Herbert W. Hill, Jr. Senior Vice President/ Chief Accounting Officer -----END PRIVACY-ENHANCED MESSAGE-----