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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):
AUGUST 30, 2000
LAMAR ADVERTISING COMPANY
(Exact name of registrant as specified in its charter)
DELAWARE 0-30242 72-1449411
(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
5551 CORPORATE BOULEVARD, BATON ROUTE, LOUISIANA 70808
(Address of principal executive offices and zip code)
(225) 926-1000
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
Lamar Advertising Company has announced that, pursuant to a consent
decree proposed by the Department of Justice and subsequently approved by the
U.S. District Court in Washington D.C. on August 30, 2000, 26,227,273 shares of
Lamar Advertising Company Class A common stock formerly held by AMFM Inc. will
be subject to required divestiture by January 1, 2003 as a condition to the
DOJ's approval of the merger of AMFM Inc. and Clear Channel Communications, Inc.
Filed herewith as Exhibit 99.1 is a copy of a press release related thereto.
Lamar also amended the shareholder agreement and registration rights agreement
previously entered into with AMFM in connection with Lamar's purchase of AMFM's
outdoor advertising business on September 15, 1999, which are filed herewith as
exhibits 10.1 and 10.2.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
10.1 First Amendment to Stockholders Agreement by and among Lamar
Advertising Company, AMFM Operating Inc., AMFM Holdings
Inc., Clear Channel Communications, Inc. and the Reilly
Family Limited Partnership dated July 19, 2000.
10.2 Amended and Restated Registration Rights Agreement by and
among Lamar Advertising Company, AMFM Operating Inc., AMFM
Holdings Inc. and Clear Channel Communications, Inc. dated
July 19, 2000.
99.1 Press release issued by the registrant on August 30, 2000.
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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 hereunto duly authorized.
Date: August 30, 2000 LAMAR ADVERTISING COMPANY
By: /s/ KEITH A. ISTRE
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Keith A. Istre
Chief Financial Officer and Treasurer
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INDEX TO EXHIBITS
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EXHIBIT
NUMBER DESCRIPTION
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<S> <C>
10.1 First Amendment to Stockholders Agreement by and among Lamar
Advertising Company, AMFM Operating Inc., AMFM Holdings Inc.,
Clear Channel Communications, Inc. and the Reilly Family Limited
Partnership dated July 19, 2000.
10.2 Amended and Restated Registration Rights Agreement by and among
Lamar Advertising Company, AMFM Operating Inc., AMFM Holdings Inc.
and Clear Channel Communications, Inc. dated July 19, 2000.
99.1 Press release issued by the registrant on August 30, 2000.
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