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
June 10,1997
------------
Date of Report
TRIBUNE COMPANY
---------------
(Exact name of registrant as specified in its charter)
Delaware
--------
(State or other jurisdiction of incorporation)
1-8572 36-1880355
------ ----------
(Commission File Number) (IRS Employer Identification No.)
435 North Michigan Avenue, Chicago, Illinois 60611
- -------------------------------------------- -----
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (312) 222-9100
Item 5. Other Events
------------
On March 25, 1997, Tribune Company (the "Company") completed its
acquisition of Renaissance Communications Corp. ("Renaissance") for
approximately $1.1 billion in cash, or $36 per Renaissance common
share. Renaissance was a publicly traded company owning six television
stations -WB affiliates KDAF-Dallas and WDZL-Miami and Fox affiliates
KTXL-Sacramento, WXIN-Indianapolis, WTIC-Hartford and WPMT-Harrisburg.
The Company financed the acquisition with a combination of available
cash, commercial paper and medium- to long-term debt. The acquisition
was accounted for as a purchase.
The following unaudited pro forma condensed consolidated statement of
income gives pro forma effect to the acquisition of Renaissance by
the Company for the fiscal year ended December 29, 1996.
Item 7. Financial Statements and Exhibits
---------------------------------
(a) Financial Statements of Businesses Acquired
The financial statements of Renaissance Communications Corp. for the
year ended December 31, 1996 are included herewith as Exhibit 99.1.
(b) Pro Forma Financial Information
The unaudited pro forma condensed consolidated statement of income for
the fiscal year ended December 29, 1996 is filed as Exhibit 99.2 hereto
and incorporated by reference herein.
(c) Exhibits
23 Consent of Ernst & Young LLP.
99.1 Financial statements of Renaissance Communications Corp. for
the year ended December 31, 1996.
99.2 Unaudited pro forma condensed consolidated statement of income
of Tribune Company for the fiscal year ended December 29,
1996.
1
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 thereunto duly authorized.
TRIBUNE COMPANY
(Registrant)
Date: June 10, 1997 /s/ R. Mark Mallory
---------------
R. Mark Mallory
Vice President and Controller
2
EXHIBIT INDEX
-------------
Exhibit No. Exhibit Description
- ----------- -------------------
23 Consent of Ernst & Young LLP.
99.1 Financial statements of Renaissance Communications
Corp. for the year ended December 31, 1996.
99.2 Unaudited pro forma condensed consolidated statement of
income of Tribune Company for the fiscal year ended
December 29, 1996.
3