SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Act of 1934 Date of Report (Date of earliest event reported): August 14, 2000 VIACOM INC. (Exact name of Registrant as specified in its charter) Delaware 001-09553 04-2949533 ------------ ----------- ----------------- (State or other (Commission (I.R.S. Employer jurisdiction of File Number) Identification No.) incorporation) 1515 Broadway, New York, New York 10036 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (212) 258-6000 Item 5. Other Events - ------- ------------ On August 14, 2000, Viacom Inc. ("Viacom") delivered to the Board of Directors of Infinity Broadcasting Corporation ("Infinity") a letter dated August 14, 2000 (the "Proposal Letter") in which Viacom offered to acquire through a stock-for-stock merger transaction (the "Proposed Transaction") all the issued and outstanding shares of Class A Common Stock, par value $.01 per share (the "Infinity Class A Shares"), of Infinity not currently owned by Viacom. Pursuant to the Proposed Transaction, each Infinity Class A Share would be converted into the right to receive 0.564 of a share of Class B Common Stock, par value $.01 per share, of Viacom. Viacom currently holds 100% of Infinity's Class B Common Stock, par value $.01 per share (the "Infinity Class B Shares"), which represents approximately 64.3% of the equity of Infinity and approximately 90.0% of the combined voting power of the Infinity Class A Shares and the Infinity Class B Shares. Viacom does not currently hold any Infinity Class A Shares. The merger proposal is subject to approval of Infinity's independent directors. On August 15, 2000, Viacom issued a press release relating to the events described above. Such press release is attached hereto as Exhibit 99.1. Item 7. Financial Statements and Exhibits - ------- --------------------------------- (a) Financial Statements of Businesses Acquired None. (b) Pro Forma Financial Information None. (c) Exhibits 99.1 Press release issued by Viacom Inc. on August 15, 2000 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, Viacom has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VIACOM INC. Date: August 15, 2000 By: /s/ Michael D. Fricklas --------------------------- Name: Michael D. Fricklas Title: Executive Vice President, General Counsel and Secretary EXHIBIT INDEX ------------- Exhibit No. Description - -------- -------------- 99.1 Press release issued by Viacom Inc. on August 15, 2000