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 25, 2002 ARAHOVA COMMUNICATIONS, INC. (Exact name of registrant as specified in its charter) Delaware 0-16899 23-1844576 (State or other jurisdiction of (Commission File Number) (IRS Employer Identification No.) incorporation) One North Main Street - Coudersport, PA 16915-1141 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (814) 274-9830 Item 3. Bankruptcy or Receivership. Arahova Communications, Inc. (the "Registrant") is a wholly-owned subsidiary of Adelphia Communications Corporation ("Adelphia"). On June 25, 2002, Adelphia and 227 of its subsidiaries and partnerships and joint ventures in which Adelphia holds at least a 50 percent ownership interest, including the Registrant (collectively, the "Debtors") filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code (the "Bankruptcy Code") with the United States Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court"). The Debtors remain in possession of their assets and properties and continue to operate their businesses and manage their properties as debtors-in-possession under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code. On June 27, 2002, Adelphia announced that the Bankruptcy Court had approved Adelphia's request for "first day orders" including granting the Debtors the immediate authority to (i) pay employees' salaries and wages and to continue to provide health and certain other employee benefits, (ii) pay to local franchise authorities pre-petition obligations, and (iii) continue to satisfy all of the Debtors' pre-petition obligations to customers, including with respect to rebates and deposits. Further details are included in the press releases attached as Exhibit 99.01 and Exhibit 99.02, which are incorporated herein by reference. Item 7. Financial Statements and Exhibits. (a) Financial Statements Not applicable. (b) Pro forma Financial Statements Not applicable. (c) Exhibits 99.01 Press release dated June 25, 2002 99.02 Press release dated June 27, 2002 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. Date: June 28, 2002 ARAHOVA COMMUNICATIONS, INC. By: /s/ ERLAND E. KAILBOURNE ------------------------ Erland E. Kailbourne Acting Chief Executive Officer and Chairman - 2 - EXHIBIT INDEX Exhibit No. Description - ----------- ----------- 99.01 Press release dated June 25, 2002 99.02 Press release dated June 27, 2002 - 3 -