0001144204-15-062632.txt : 20151104 0001144204-15-062632.hdr.sgml : 20151104 20151104094659 ACCESSION NUMBER: 0001144204-15-062632 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20151104 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20151104 DATE AS OF CHANGE: 20151104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SAGA COMMUNICATIONS INC CENTRAL INDEX KEY: 0000886136 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 383042953 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11588 FILM NUMBER: 151195742 BUSINESS ADDRESS: STREET 1: 73 KERCHEVAL AVE CITY: GROSSE POINTE FARMS STATE: MI ZIP: 48236 BUSINESS PHONE: 3138867070 MAIL ADDRESS: STREET 1: 73 KERCHEVAL AVE CITY: GROSSE POINTE FARMS STATE: MI ZIP: 48236 8-K 1 v423686_8k.htm FORM 8-K

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): November 4, 2015

 

 

SAGA COMMUNICATIONS, INC.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware   1-11588   38-3042953
 (State or other jurisdiction    (Commission File Number)            (IRS Employer
          of incorporation)               Identification No.)

 

 

73 Kercheval Avenue    
Grosse Pointe Farms, MI    48236
 (Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (313) 886-7070

 

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

 

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

 

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

 

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

 

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

 

   

 

 

Item 8.01. Other Events.

 

On November 4, 2015, Saga Communications, Inc. issued a press release announcing that it has entered into an agreement to purchase the assets of WLVQ-FM from Wilks Broadcast – Columbus LLC. The station serves the Columbus, OH radio market. The acquisition is expected to close, subject to the approval of the Federal Communications Commission, in the first quarter of 2016. The press release, dated November 4, 2015, is attached as Exhibit 99.1 to this Form 8-K.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)Exhibits.

 

99.1Press Release dated November 4, 2015.

 

 

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.

 

 

 

SAGA COMMUNICATIONS, INC.

     
     
Dated: November 4, 2015 By:     /s/ Samuel D. Bush
    Samuel D. Bush
    Senior Vice President and Chief
    Financial Officer

 

   

 

INDEX OF EXHIBITS

 

Exhibit No. Description
   
99.1 Press Release dated November 4, 2015.

 

 

   

 

 EX-99.1 2 v423686_ex99-1.htm EXHIBIT 99.1
 
Exhibit 99.1
 

Saga Communications, Inc. Enters into an Agreement to Acquire WLVQ-FM Serving the Columbus, OH Radio Market

GROSSE POINTE FARMS, Mich., Nov. 4, 2015 /PRNewswire/ -- Saga Communications, Inc. (NYSE MKT - SGA) announced today that it has entered into an agreement to purchase the assets of WLVQ-FM from Wilks Broadcast – Columbus LLC. The station serves the Columbus, OH radio market where Saga already owns and operates Sunny95, Mix 107.9 and Rewind 103.5/104.3. Saga expects to close the transaction, subject to the approval of the Federal Communications Commission, during the first quarter of 2016.

Edward K. Christian, President and Chief Executive Officer of Saga Communications, said, "This station will add another heritage radio station to our already strong station group in Columbus, OH. We look forward to working with the existing staff to continue the great rock heritage that this station has established. Saga intends to continue building its business in both the radio and television markets by identifying and acquiring middle market stations."

Saga is a broadcasting company whose business is devoted to acquiring, developing and operating broadcast properties. Saga owns or operates broadcast properties in 26 markets, including 66 FM and 32 AM radio stations, 1 state radio network, 4 television stations and 5 low-power television stations. For additional information, contact us at (313) 886-7070 or visit our website at www.sagacom.com.

This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words such as "believes," "expects," "anticipates," "guidance" and similar expressions are intended to identify forward-looking statements. Key risks, including risks associated with Saga's ability to effectively integrate the stations it acquires and the impact of federal regulation on Saga's business, are described in the reports Saga periodically files with the U.S. Securities and Exchange Commission, including Item 1A of our Annual Report on Form 10-K. Readers should note that these statements may be impacted by several factors, including national and local economic changes and changes in the radio and television broadcast industry in general, as well as Saga's actual performance. Results may vary from those stated herein and Saga undertakes no obligation to update the information contained here.



CONTACT: Samuel D. Bush, 313/886-7070