SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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) MARCH 23, 1998
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CORECOMM INCORPORATED
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-19869 13-3927257
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
110 East 59th Street, New York, New York 10022
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including area code (212)906-8485
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
On March 23, 1998, CoreComm Incorporated ("CoreComm") announced that it had
entered into an agreement to acquire Digicom, Inc. Digicom is primarily a
reseller of centrex services in Cleveland, Ohio with approximately 500 customers
using approximately 4,000 lines and approximately $3.2 million of revenues for
the year 1997. CoreComm has filed an application with the Public Utilities
Commission of Ohio for the approval of this acquisition.
A copy of the press release issued by the Company announcing the above is
attached hereto as an exhibit and incorporated herein by reference.
Item 7. Financial Statements and Exhibits
Exhibits
99 Press Release issued March 23, 1998.
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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.
CORECOMM INCORPORATED
(Registrant)
By: /s/ Richard J. Lubasch
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Name: Richard J. Lubasch
Title: Senior Vice President-General Counsel
and Secretary
Dated: March 24, 1998
<PAGE>
EXHIBIT INDEX
Exhibit Page
99 Press Release issued March 23, 1998.
FOR IMMEDIATE RELEASE
PRESS RELEASE
New York, New York (March 23, 1998) - CoreComm Incorporated (NASDAQ: COMM)
announced today that it had entered into an agreement to acquire Digicom, Inc.
Digicom is primarily a reseller of centrex services in Cleveland, Ohio with
approximately 500 customers using approximately 4,000 lines and approximately
$3.2 million of revenues for the year 1997. CoreComm has filed an application
with the Public Utilities Commission of Ohio for the approval of this
acquisition.
CoreComm provides telecommunications services in the Commonwealth of Puerto
Rico and the U.S. Virgin Islands. The acquisition of Digicom is a first step in
the implementation of a strategic plan relating to telecommunications
opportunities in the United States.
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For further information, please contact Michael J. Peterson, Director of
Corporate Development or Richard J. Lubasch, Senior Vice President-General
Counsel, 212-355-3466.
