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): June 23, 2000 (June 19, 2000)
AMERICAN TOWER CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 001-14195 65-0723837
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
116 Huntington Avenue
Boston, Massachusetts 02116
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(Address of Principal Executive Offices) (Zip Code)
(617) 375-7500
(Registrant's telephone number, including area code)
Item 2. Acquisition or Disposition of Assets.
The following information serves to update the status of the AirTouch
transaction as previously disclosed in the Current Reports on Form 8-K filed by
American Tower Corporation (the "Company") on January 31, 2000, March 14, 2000
and May 23, 2000:
On June 19, 2000 the Company leased 200 additional towers and paid total cash
consideration of approximately $76.2 million under the terms of the Agreement to
Sublease, dated as of August 6, 1999 by and among AirTouch Communications, Inc.,
the other parties named therein as sublessors, the Company and American Tower,
L.P. ("ATLP"). The Company financed the transaction through borrowings under its
credit facility.
Item 5. Other Events.
On May 26, 2000, the Company filed a registration statement (File No. 333-37988)
on Form S-3 with the Securities and Exchange Commission (the "Commission")
relating to the public offering, pursuant to Rule 415 under the Securities Act
of 1933, as amended, of up to an aggregate of $1.0 billion of securities of the
Company (the "Registration Statement"). On June 7, 2000, the Commission declared
the Registration Statement effective. In connection with the Registration
Statement, the Company is filing a form of underwriting agreement as part of
this Form 8-K to be used in connection with certain offerings and sales under
the Registration Statement.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
Exhibit 1.1 Form of Underwriting Agreement
Exhibit 10.1 Agreement to Sublease, dated as of August 6, 1999 by
and among AirTouch Communications, Inc., the other
parties named therein as sublessors, the Company and
ATLP.*
* Filed as Exhibit 10.1 from the Company's Quarterly Report on Form 10-Q for the
quarter ended June 30, 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 hereunto duly authorized.
AMERICAN TOWER CORPORATION
(Registrant)
Date: June 23, 2000 By:/s/ Justin D. Benincasa
Name: Justin D. Benincasa
Title: Vice President and Corporate Controller