-----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, BmWbjGWECbPT2OfpUjgMMVmuvD4lw9Oaf2ejpJjehDfIYfZtfig+ffQhDQ4C4scb 7aiRek8gSb3ZU/A+W6Z92g== 0000808461-07-000052.txt : 20070307 0000808461-07-000052.hdr.sgml : 20070307 20070306181631 ACCESSION NUMBER: 0000808461-07-000052 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070302 ITEM INFORMATION: Other Events FILED AS OF DATE: 20070307 DATE AS OF CHANGE: 20070306 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL COMMUNICATION INC CENTRAL INDEX KEY: 0000808461 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 920072737 STATE OF INCORPORATION: AK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15279 FILM NUMBER: 07675939 BUSINESS ADDRESS: STREET 1: 2550 DENALI ST STE 1000 CITY: ANCHORAGE STATE: AK ZIP: 99503 BUSINESS PHONE: 9072655600 MAIL ADDRESS: STREET 1: 2550 DENALI STREET STREET 2: SUITE 1000 CITY: ANCHORAGE STATE: AK ZIP: 99503 8-K 1 gci8k030207form.htm GENERAL COMMUNICATION, INC. FORM 8-K 03/02/2007

UNITED STATES

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): March 2, 2007

 

 

GENERAL COMMUNICATION, INC.

 

 

(Exact name of registrant as specified in its charter)

 

 

 

State of Alaska

 

0-15279

 

92-0072737

 

 

(State or other Jurisdiction of

 

Commission File Number

 

(I.R.S Employer

 

 

Incorporation or organization)

 

 

 

Identification No.)

 

 

 

 

2550 Denali Street

 

 

 

 

 

 

Suite 1000

 

 

 

 

 

 

Anchorage, Alaska

 

99503

 

 

 

(Address of Principal Executive offices)

 

(Zip Code)

 

 

 

 

 

 

 

 

 

 

Registrant’s telephone number, including area code: (907) 868-5600

 

 

NONE

 

 

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

 

Section 8 – Other Events

 

Item 8.01

Other Events

 

General Communication, Inc. (“GCI”) announced today that John Stanton and Terry Gillespie, two of America’s most respected wireless entrepreneurs, have agreed to purchase approximately 1.3 million GCI Class B Common Shares from Verizon Communications, Inc. in a private transaction. The Class B shares represent a 15.25 percent voting interest in GCI.

 

 

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01 Financial Statements and Exhibits

 

(a) Financial statements of businesses acquired: Not Applicable

 

(b) Pro forma financial information: Not Applicable

 

(c) Exhibit:

 

99.1 Press release issued by General Communication, Inc. on March 5, 2007

 

 

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.

 

 

 

 

 

GENERAL COMMUNICATION, INC.

 

 

 

(Registrant)

 

 

 

 

Date: March 6, 2007

 

 

 

 

 

 

 

 

 

By

/s/ John M. Lowber

 

 

 

Name: John M. Lowber

 

 

 

Title:  Senior Vice President,

 

 

 

Chief Financial Officer,

 

 

 

Secretary and Treasurer

 

 

 

(Principal Financial Officer)

 

 

Exhibit Index

 

Exhibit No.

Description

99.1

Press release issued by General Communication, Inc. on March 5, 2007

 

 

 

 

 EX-99 2 gci8k030207exhibit991.htm EXHIBIT 99.1

Exhibit 99.1

 

March 5, 2007

 

Bruce Broquet, (907) 868-6660; bbroquet@gci.com

David Morris, (907) 868-5396; dmorris@gci.com

 

FOR IMMEDIATE RELEASE

 

Verizon sells 1.3 Million GCI Class B Common Shares

 

ANCHORAGE, AK -- General Communication, Inc. (NASDAQ: GNCMA) (“GCI”) announced today that John Stanton and Terry Gillespie, two of America’s most respected wireless entrepreneurs, have agreed to purchase approximately 1.3 million GCI Class B Common Shares from Verizon Communications, Inc. in a private transaction. The Class B shares represent a 15.25 percent voting interest in GCI.

 

“We are pleased to announce this transaction with John Stanton,” said Ron Duncan, GCI president and CEO.” “John has been a good friend for many years and we are pleased that he has acquired such a significant interest in GCI.”

 

“The Verizon divesture was expected and has no impact on the Company’s business relationship with Verizon. In addition, the two officers and employees of Verizon currently on our board will continue to serve as directors of GCI.”

 

GCI is the largest Alaska-based and operated integrated telecommunications provider. A pioneer in bundled services, GCI provides local, wireless, and long distance telephone, cable television, Internet and data communication services. More information about the company can be found at www.gci.com.

 

 

 

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