SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 14 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) January 30, 1997
MASTEC, INC.
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(Exact Name of Registrant as Specified in Charter)
DELAWARE 0-3797 59-1259279
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
3155 N.W. 77TH AVENUE, MIAMI, FLORIDA 33122-1205
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (305) 599-1800
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(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
Item 5. Other Events
On January 30, 1997, MasTec, Inc. (the "Company") announced that it has
filed a listing application with the New York Stock Exchange ("NYSE") and has
been informed by the NYSE that the Company meets the eligibility requirements
for listing its Common Stock. The Company announced that trading of its Common
Stock on the NYSE is anticipated to begin on February 14, 1997 under the new
trading symbol "MTZ."
In addition, on February 3, 1997, the Company announced that it has
acquired the assets of two cable television contractors for an undisclosed
amount of common stock and cash plus the assumption of certain liabilities. The
two contractors, Shanco Corporation and Kennedy Cable Construction, Inc.,
service MSOs such as MediaOne, Time Warner and Cox Communications in a number of
states, including Alabama, Florida, Georgia, New Jersey, New York, North
Carolina, South Carolina, and Texas.
The Company has issued press releases announcing these two developments,
copies of which are attached as exhibits 99.1 and 99.2, which are incorporated
herein by reference.
Item 7. Financial Statements and Exhibits.
(c)
99.1 Press release dated January 30, 1997.
99.2 Press release dated February 3, 1997.
SIGNATURES
Pursuant to the requirement 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: February 5, 1997 /s/ EDWIN D. JOHNSON
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Edwin D. Johnson
Senior Vice President-
Chief Financial Officer
(Principal Financial Officer
and Authorized Officer)
<PAGE>
INDEX TO EXHIBITS
EXHIBIT
NUMBER DESCRIPTION
- ------- -----------
99.1 Press release dated January 30, 1997
99.2 Press release dated February 3, 1997
[GRAPHIC OMITTED]
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NEWS
FOR IMMEDIATE RELEASE From MasTec, Inc.
JANUARY 30, 1997 3155 N.W. 77th Avenue
Miami, Florida 33122-1205
Tel : (305) 599-1800
Fax : (305) 406-1908
For more information contact:
Edwin D. Johnson,
Chief Financial Officer
MASTEC ANNOUNCES THAT IT HAS FILED A LISTING
APPLICATION WITH THE NEW YORK STOCK EXCHANGE
MIAMI, FL - MasTec, Inc. (NASDAQ:MASX) announced today that it has filed
a listing application with the New York Stock Exchange (NYSE) and has been
informed by the NYSE that the company meets the eligibility requirements for
listing its Common Stock. The Company said trading of its Common Stock on the
NYSE is anticipated to begin on February 14, 1997 under the new trading symbol
"MTZ."
"MasTec's listing on the New York Stock Exchange is a significant event
that we believe will provide greater liquidity, reduced volatility, tighter
quotation spreads and a larger worldwide market for our stockholders," stated
Jorge Mas, President and Chief Executive Officer. "This step continues our
efforts to provide the greatest value for the company and its stockholders."
The company recently announced a three-for-two stock split in the form
of a stock dividend to be paid on February 28, 1997 for stockholders of record
on February 3, 1997.
Opening the Lines of Communication(R) worldwide, MasTec is one of the
world's leading telecommunications and related infrastructure service providers,
serving clients throughout the United States and in Spain, Latin America, the
Caribbean and the Pacific Rim. For more information on MasTec, please see our
Web page at HTTP://WWW.MASTEC.COM.
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[GRAPHIC OMITTED]
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NEWS
FOR IMMEDIATE RELEASE From MasTec, Inc.
FEBRUARY 3, 1997 3155 N.W. 77th Avenue
Miami, Florida 33122-1205
Tel : (305) 599-1800
Fax : (305) 406-1908
For more information contact:
Edwin D. Johnson,
Chief Financial Officer
MASTEC ACQUIRES ASSETS
OF TWO CATV CONTRACTORS
MIAMI, FL - MasTec, Inc. (NASDAQ:MASX) announced today that it has
acquired the assets of two cable television contractors for an undisclosed
amount of common stock and cash plus the assumption of certain liabilities. The
two contractors, Shanco Corporation and Kennedy Cable Construction, Inc.,
service MSOs such as MediaOne, Time Warner, and Cox Communications in a number
of states, including Alabama, Florida, Georgia, New Jersey, New York, North
Carolina, South Carolina, and Texas. The acquisitions will help solidify MasTec
as one of the principal CATV contractors in the United States.
Opening the Lines of Communication(R) worldwide, MasTec is one of the
world's leading telecommunications and related infrastructure service providers,
serving clients throughout the United States and in Spain, Latin America, the
Caribbean and the Pacific Rim. For more information on MasTec, please see our
Web page at HTTP://WWW.MASTEC.COM.
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