<PAGE> 1
===============================================================================
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): OCTOBER 2, 1999
------------------
CAPSTAR BROADCASTING PARTNERS, INC.
(Exact name of Registrant as specified in its charter)
DELAWARE 333-33015 75-2672663
(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of incorporation) Identification Number)
600 CONGRESS AVENUE
SUITE 1400 78701
AUSTIN, TEXAS (Zip code)
(Address of principal
executive offices)
Registrant's telephone number, including area code: (512) 340-7800
NOT APPLICABLE
(Former name or former address, if changed since last report)
===============================================================================
<PAGE> 2
ITEM 5. OTHER EVENTS.
In a press release dated October 4, 1999, a copy of which is
incorporated by reference as Exhibit 99.1 hereto, AMFM Inc. ("AMFM"), the
indirect parent of Capstar Broadcasting Partners, Inc., announced that it had
entered into an agreement and plan of merger with Clear Channel Communications,
Inc. ("Clear Channel") and CCU Merger Sub, Inc. ("Merger Sub") whereby AMFM
will be merged with and into Merger Sub and will become a wholly-owned
subsidiary of Clear Channel.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) EXHIBITS.
2.1 -- Agreement and Plan of Merger, dated October 2, 1999, by
and between Clear Channel, AMFM and Merger Sub.(1)
99.1 -- Press release, dated October 4, 1999.(1)
- -------------
(1) Incorporated by reference to the identically numbered exhibit
to the Current Report on Form 8-K of AMFM Inc. filed on
October 5, 1999.
<PAGE> 3
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.
Capstar Broadcasting Partners, Inc.
(Registrant)
By: /s/ Kathy Archer
-------------------------------
Name: Kathy Archer
Title: Vice President
Date: October 5, 1999
