UNITED STATES
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): June 23, 1998
ALLTEL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 1-4996 34-0868285
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation or Identification No.)
organization)
One Allied Drive, Little Rock, Arkansas 72202
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (501)905-8000
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events
On June 23, 1998, ALLTEL Corporation ("ALLTEL") issued a Press Release
announcing that shareholders of ALLTEL and 360 Communications Company ("360")
have approved the merger of the two companies. In addition, ALLTEL also
announced that the Federal Communications Commission has approved the
transaction. A copy of the Press Release is attached hereto as Exhibit 99.1 and
made a part hereof.
Item 7. Financial Statements and Exhibits
(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
Exhibit 99.1 Press Release, dated June 23, 1998 of ALLTEL Corporation
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this amendment to be signed on its behalf by the
undersigned, thereunto duly authorized.
ALLTEL CORPORATION
(Registrant)
By:/S/Jerry M. Green
Jerry M. Green
Treasurer
June 23, 1998
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EXHIBIT INDEX
Exhibit
Number Description of Exhibits
99.1 Press Release of ALLTEL Corporation, dated June 23, 1998.
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For more information contact: For more information contact:
ALLTEL 360 Communications Company
Shawne S. Leach (501) 905-8991 Linda Wait (773) 399-2284
Vice President-Investor Relations Director-Investor Relations
George S. Smith (501) 905-8117 Margaret Kirch Cohen (773) 399-2385
Vice President-Media Services Director-Corporate Communications
Release date: June 23, 1998
SHAREHOLDERS APPROVE ALLTEL-360 MERGER
FOR IMMEDIATE RELEASE
ALLTEL and 360 Communications Company announced today that, at special
meetings held June 23 in Little Rock, Ark., and in Chicago, shareholders of
both companies approved the merger of the two companies. The Federal
Communications Commission approved the transaction June 22.
The companies expect to complete the merger effective July 1.
The combined company is one of the largest independent wireless
carriers in the country and has a dominant presence in the Southeast United
States. It will utilize an integrated network and operational infrastructure to
deliver a full set of communication services to its 5.6 million communications
customers in 22 states.
360 Communications, which had revenues of $1.3 billion in 1997, provides
wireless voice and data services to 2.6 million customers in more than 100
markets throughout 15 states. The company also offers residential long distance
and paging services.
ALLTEL is a customer-focused, information technology company that provides
wireline and wireless communications and information services.
ALLTEL, NYSE: AT
www.alltel.com
360, NYSE: X0
www.360.com
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