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): September 5, 1996
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COMSAT Corporation
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(Exact name of Registrant as specified in Charter)
District of Columbia 1-4929 52-0781863
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(State or other juris- (Commission (IRS Employer
diction of incorporation) File Number) Identification
Number)
6560 Rock Spring Drive, Bethesda, MD 20817
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(Address of principal executive offices) Zip Code
Registrant's telephone number, including area code (301) 214-3000
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 September 5, 1996, COMSAT Corporation announced that the U.S.
District Court for the Southern Disctrict of New York had granted its
motion for summary judgment and dismissed all counts in the antitrust
lawsuit brought against COMSAT by PanAmSat Corporation in 1989. PanAmSat
had claimed that COMSAT had engaged in anticompetitive practices in
international telecommunications markets. PanAmSat initially had sought
treble damages amounting to $1.5 billion. The Court concluded that PanAmSat
had provided insufficient evidence to establish its antitrust allegations.
The Court's decision remains subject to appeal.
SIGNATURES
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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.
COMSAT Corporation
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/s/ Alan Korobov
By:
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Alan Korobov
Controller
Date: September 6, 1996
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