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Form 8-K
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
August 21, 1998
Date of Report (Date or earliest event reported):
ADAMS OUTDOOR ADVERTISING LIMITED PARTNERSHIP
(Exact name of registrant as specified in its charter)
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<S> <C> <C>
MINNESOTA 333-3338 41-1540241
(State or other jurisdiction of Commission File No. (I.R.S. Employer
incorporation or organization) Identification No.)
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____________________
ADAMS OUTDOOR ADVERTISING, INC.
(Exact name of registrant as specified in its charter)
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MINNESOTA 333-3338-01 41-1540245
(State or other jurisdiction of Commission File No. (I.R.S. Employer
incorporation or organization) Identification No.)
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1380 West Paces Ferry Road, N.W. (404) 233-1366
Suite 170, South Wing (Registrant's telephone number
Atlanta, GA 30327 including area code)
(Address of principal executive offices)
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ITEM 4. CHANGE IN REGISTRANT'S ACCOUNTANTS
(a) The Registrant has dismissed KPMG Peat Marwick LLP as independent
accountants as of August 21, 1998. The decision to change accountants was
recommended by the board of directors. During the registrants two most
recent fiscal years preceding the dismissal and through August 21, 1998
there were not any disagreements with KPMG Peat Marwick LLP on any matter
of accounting principles or practices, financial statement disclosure, or
auditing scope or procedure. A letter regarding change in certifying
accountants is attached as Exhibit 16.
(b) The Registrant engaged Arthur Andersen LLP as its new independent
accountants as of August 21, 1998. During the two most recent fiscal years
and through August 21, 1998 the Registrant (or someone on its behalf) has
not consulted with Arthur Andersen LLP regarding (1) the application of
accounting principles to a specified transaction, either completed or
proposed, or the type of audit opinion that might be rendered on the
Registrant's financial statements or (2) any matter that was either the
subject matter of a disagreement or a reportable event.
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
A. EXHIBITS
Exhibit 16 Letter re change certifying accountants
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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 thereunto duly authorized.
Date: August 21, 1998 ADAMS OUTDOOR ADVERTISING, L.P.
/s/ Abe Levine
Chief Financial Officer
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[LETTERHEAD OF KPMG PEAT MARWICK LLP APPEARS HERE]
August 26, 1998
Mr. Abe R. Levine
Chief Financial Officer
Adams Outdoor Advertising Limited
Partnership and Adams Outdoor
Advertising, Inc.
1380 West Paces Ferry Road N.W.
Suite 170, South Wing
Atlanta, Georgia 30327
Dear Mr. Levine:
This is to confirm that the client-auditor relationship between Adams Outdoor
Advertising Limited Partnership and Adams Outdoor Advertising, Inc. and KPMG
Peat Marwick LLP has ceased.
Very truly yours,
/s/KPMG Peat Marwick LLP
cc: Chief Accountant
Securities and Exchange Commission
