FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 24, 2000
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TELEPHONE AND DATA SYSTEMS, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-14157 36-2669023
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
30 North LaSalle Street, Chicago, Illinois 60602
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (312) 630-1900
Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
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On November 27, 2000, Telephone and Data Systems, Inc. announced that
it has entered into a definitive agreement for the merger of Chorus
Communications Group, Ltd., of Madison, WI [OTC Bulletin Board: CCGL]. The
transaction is subject to certain conditions, including regulatory approvals and
approval by Chorus shareholders, and is expected to close in the second quarter
of 2001. The total purchase price is $195 million and the assumption of debt.
Debt outstanding on September 30, 2000 was $31 million.
This Current Report on Form 8-K is being filed for the purpose of
filing the news release issued by TDS relating to such announcement as an
exhibit.
Item 7. Financial Statements and Exhibits
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Exhibits
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The exhibits accompanying this report are listed in the accompanying
Exhibit Index.
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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, thereto duly authorized.
Telephone and Data Systems, Inc.
(Registrant)
Date: November 28, 2000
By: /s/ D. Michael Jack
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D. Michael Jack
Vice President and Controller
(Principal Accounting Officer)
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EXHIBIT INDEX
Exhibit Number Description of Exhibit
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99.1 News Release announcing the
acquisition of Chorus Communications
Group, Ltd., dated November 27, 2000.
99.2 Agreement and Plan of Merger, dated
as of November 24, 2000, by and among
Telephone and Data Systems, Inc.,
Singer Acquisition Corp. and Chorus
Communications Group, Ltd. is hereby
incorporated by reference into the
Current Report on Form 8-K dated
November 24, 2000 filed by Chorus
Communications Group, Ltd. on
November 27, 2000.
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