-----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, NGP5ZdaH8kvkp0dXFqNVpCmoBuJ76EE9QrE4sa6Tn7b4I5osVqSGbAginiREucmh 2PUr41tprhpMx7LhwAksIA== 0001047469-99-015596.txt : 19990421 0001047469-99-015596.hdr.sgml : 19990421 ACCESSION NUMBER: 0001047469-99-015596 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990405 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990420 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HEFTEL BROADCASTING CORP CENTRAL INDEX KEY: 0000922503 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 990113417 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-24516 FILM NUMBER: 99597605 BUSINESS ADDRESS: STREET 1: 3102 OAK LAWN AVENUE STREET 2: STE 215 CITY: DALLAS STATE: TX ZIP: 75219 BUSINESS PHONE: 2145257700 MAIL ADDRESS: STREET 1: 3102 OAK LAWN AVENUE STREET 2: SUITE 215 CITY: DALLAS STATE: TX ZIP: 75219 8-K 1 8-K 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): April 5, 1999 HEFTEL BROADCASTING CORPORATION (Exact name of registrant as specified in its charter) Delaware 0-24516 99-0113417 (State or other jurisdiction (Commission File Number) (IRS Employer incorporation) Identification No.) 3102 Oak Lawn Avenue, Suite 215 Dallas, Texas 75219 (Address of principal (Zip Code) executive offices) Registrant's telephone number, including area code: (214) 525-7700 ------------------------------------------------------------- (Former name or former address, if changed since last report) ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS On April 5, 1999, Heftel Broadcasting Corporation (the "Company") acquired the assets of KHOT(FM) serving the Phoenix market for $18.3 million from New Century Arizona, LLC and New Century Arizona License Partnership. The assets acquired consist of items of broadcasting and technical equipment utilized in the transmission of radio signals, Federal Communications Commission licenses and other items of personal property associated with the operations of the broadcast facility. The Company used cash generated from operating activities to fund this acquisition. The assets acquired by the Company were utilized by New Century Arizona, LLC and New Century Arizona License Partnership for the purpose of radio broadcasting. The Company intends to continue such use. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS EXHIBIT 10.1 Asset Purchase Agreement, dated January 27, 1999, by and between New Century Arizona, LLC and New Century Arizona License Partnership and Heftel Broadcasting Corporation (incorporated by reference to Exhibit 10.24 to the Registrant's Form 10-K filed on March 31, 1999). 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 thereunto duly authorized. Heftel Broadcasting Corporation ---------------------------------------- (Registrant) By: /s/ Jeffrey T. Hinson ------------------------------------ Name: Jeffrey T. Hinson Title: Chief Financial Officer Dated: April 20, 1999 1
INDEX TO EXHIBITS Exhibit No. Description - ----------- ----------- 10.1 Asset Purchase Agreement, dated January 27, 1999, by and between New Century Arizona, LLC and New Century Arizona License Partnership and Heftel Broadcasting Corporation (incorporated by reference to Exhibit 10.24 to the Registrant's Form 10-K filed on March 31, 1999).
2 -----END PRIVACY-ENHANCED MESSAGE-----