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): February 12, 1999 (February 9, 1999) AMERICAN TOWER CORPORATION (Exact name of registrant as specified in its charter) Delaware 001-14195 65-0723837 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 116 Huntington Avenue Boston, Massachusetts 02116 (Address of Principal Executive Offices) (Zip Code) (617) 375-7500 (Registrant's telephone number, including area code) Item 5. Other Events. On February 9, 1999, American Tower Corporation ("ATC" or the "Company") completed a public offering of 27,000,000 shares of Class A Common Stock, $.01 par value per share (the "Class A Common Stock") (including 1,700,000 shares sold by the Company pursuant to the exercise in full of the underwriters' over-allotment option) at $25.00 per share. Certain selling stockholders sold an additional 1,300,000 shares in the offering. Credit Suisse First Boston, BT Alex. Brown, Lehman Brothers, Morgan Stanley Dean Witter, Salomon Smith Barney, Bear, Stearns & Co. Inc., Merrill Lynch & Co. and NationsBanc Montgomery Securities LLC were the underwriters of the Class A Common Stock. The net proceeds to the Company were $619.3 million. The Company will use the net proceeds from the offering to finance construction activities, pending and future acquisitions, and general working capital purposes. For more information, see the ATC press release, dated February 10, 1999, which is attached herewith as Exhibit 99.1 Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits. Exhibit 1.1 - Underwriting Agreement, dated as of February 3, 1999, by and among ATC and the Representatives of the Underwriters.* Exhibit 99.1 - Press Release of ATC, dated February 10, 1999. * Filed as Exhibit 1.1 to Amendment No. 1 to ATC's Registration Statement on Form S-1 filed on February 3, 1998 (File No. 333-70881). 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: February 12, 1999 By: /s/ Justin D. Benincasa Name: Justin D. Benincasa Title: Vice President and Corporate Controller