SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of Report (date of earliest event
reported): September 28, 1995
VIACOM INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-9553 04-2949533
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
1515 Broadway, New York, New York 10036
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 258-6000
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Item 5. Other Events.
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At the close of business on September 28, 1995, the value of the Variable
Common Rights ("VCRs") of Viacom Inc. ("Viacom") was established at 0.022665 of
a share of Viacom Class B Common Stock, par value $0.01 per share ("Viacom Class
B Common Stock"), for each VCR. This value was based upon the highest average
closing price of $50.3375 per share of Viacom Class B Common Stock for any 30
consecutive trading days during the 90 day trading period preceding September
29, 1995. Cash will be paid in lieu of issuing any fractional shares of Viacom
Class B Common Stock. A copy of the press release, dated September 28, 1995,
relating to the above-described event is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
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(c) The following exhibit is filed as part of this report on Form 8-K:
99.1 Press Release issued by Viacom Inc. dated
September 28, 1995.
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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.
VIACOM INC.
Date: September 29, 1995 By: /s/ Michael D. Fricklas
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Name: Michael D. Fricklas
Title: Senior Vice President,
Deputy General Counsel
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EXHIBIT INDEX
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Exhibit No. Description
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99.1 Press Release issued by Viacom Inc. dated
September 28, 1995