<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------
SCHEDULE 13D
(RULE 13d-101)
Under the Securities Exchange Act of 1934
CLEAR CHANNEL COMMUNICATIONS, INC.
-------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE
-------------------------------------------------------------------------------
(Title of Class of Securities)
184502 10 2
-------------------------------------------------------------------------------
(CUSIP Number)
THOMAS O. HICKS
200 CRESCENT COURT, SUITE 1600
DALLAS, TEXAS 75201
(214) 740-7300
-------------------------------------------------------------------------------
(Name, address and telephone number of person
authorized to receive notices and communications)
AUGUST 30, 2000
-------------------------------------------------------------------------------
(Date of event which requires filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), (f) or (g), check the following box. [ ]
(Continued on following pages)
Page 1
<PAGE> 2
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
MR. THOMAS O. HICKS
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 4,039,874
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 51,957,823
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
4,039,874
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
51,957,823
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
55,997,697
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
10.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
Page 2
<PAGE> 3
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HM2/CHANCELLOR, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 12,339,757
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
12,339,757
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,339,757
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
2.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
Page 3
<PAGE> 4
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HM2/CHANCELLOR, GP, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 12,339,757
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
12,339,757
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,339,757
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
2.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
Page 4
<PAGE> 5
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HM2/CHANCELLOR HOLDINGS, INC.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 12,339,757
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
12,339,757
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,339,757
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
2.3%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
Page 5
<PAGE> 6
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HM2/HMW, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 2,026,183
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,026,183
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,026,183
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
Page 6
<PAGE> 7
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HICKS, MUSE, TATE & FURST EQUITY FUND II, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 2,040,219
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,040,219
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,040,219
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
Page 7
<PAGE> 8
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HM2/GP PARTNERS, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 2,040,219
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,040,219
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,040,219
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
Page 8
<PAGE> 9
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HICKS, MUSE GP PARTNERS, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 2,040,219
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,040,219
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,040,219
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
Page 9
<PAGE> 10
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HICKS, MUSE FUND II INCORPORATED
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 2,040,219
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,040,219
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,040,219
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.4%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
Page 10
<PAGE> 11
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HM4/CHANCELLOR, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 8,029,935
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
8,029,935
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,029,935
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
Page 11
<PAGE> 12
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HICKS, MUSE FUND IV LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 8,029,935
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
8,029,935
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,029,935
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
Page 12
<PAGE> 13
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
CAPSTAR BROADCASTING PARTNERS, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 28,206,684
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
28,206,684
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,206,684
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
5.2%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
Page 13
<PAGE> 14
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HM3/CAPSTAR PARTNERS, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 28,206,684
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
28,206,684
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,206,684
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
5.2%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
Page 14
<PAGE> 15
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HM3/CAPSTAR, INC.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 28,206,684
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
28,206,684
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,206,684
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
5.2%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
Page 15
<PAGE> 16
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
CAPSTAR BT PARTNERS, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 1,192,306
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,192,306
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,192,306
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.2%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
Page 16
<PAGE> 17
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
CAPSTAR BOSTON PARTNERS, L.L.C.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 127,027
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
127,027
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
127,027
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
Page 17
<PAGE> 18
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HM3/GP PARTNERS, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 1,319,333
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,319,333
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,319,333
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.2%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
Page 18
<PAGE> 19
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HICKS, MUSE GP PARTNERS III, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 1,319,333
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,319,333
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,319,333
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.2%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
Page 19
<PAGE> 20
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only)
HICKS, MUSE FUND III INCORPORATED
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEM 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
TEXAS
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 0
BENEFICIALLY ------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 1,319,333
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,319,333
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,319,333
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.2%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
Page 20
<PAGE> 21
Each Reporting Person (as hereinafter defined) disclaims responsibility
for the completeness and accuracy of the information contained in this Schedule
13D concerning the other Reporting Persons.
ITEM 1. SECURITY AND ISSUER
The class of equity security to which this Schedule 13D relates is the
Common Stock, par value $0.01 per share (the "Common Stock"), of Clear Channel
Communications, Inc., a Texas corporation (the "Company"). The address of the
Company's principal executive office is 200 Concord Plaza, Suite 600, San
Antonio, Texas 78216.
ITEM 2. IDENTITY AND BACKGROUND
Mr. Thomas O. Hicks ("Mr. Hicks") is the sole stockholder and sole
director of HM2/Chancellor Holdings, Inc., a Texas corporation ("HM2/Chancellor
Holdings"). Mr. Hicks is also the controlling stockholder, Chairman of the
Board, Chief Executive Officer and Partner of Hicks, Muse Fund II Incorporated,
a Texas corporation ("Fund II Incorporated"), HM3/Capstar, Inc., a Texas
corporation ("HM3/Capstar") and Hicks, Muse Fund III Incorporated, a Texas
corporation ("Fund III Incorporated"). HM2/Chancellor Holdings is the general
partner of HM2/Chancellor GP, L.P., a Texas limited partnership ("HM2/Chancellor
GP"), which is the general partner of HM2/Chancellor, L.P. a Texas limited
partnership ("HM2/Chancellor"). Fund II Incorporated is the general partner of
Hicks, Muse GP Partners, L.P., a Texas limited partnership ("Hicks Muse
Partners"), which is the general partner of HM2/GP Partners, L.P., a Texas
limited partnership ("HM2/GP Partners"). HM2/GP Partners is the general partner
of Hicks, Muse, Tate & Furst Equity Fund II, L.P., a Delaware limited
partnership ("HM Fund II"), which is the general partner of HM2/HMW, L.P., a
Texas limited partnership ("HM2/HMW"). HM3/Capstar is the general partner of
HM3/Capstar Partners, L.P., a Texas limited partnership ("HM3/Capstar
Partners"), which is the general partner of Capstar Broadcasting Partners, L.P.,
a Delaware limited partnership ("Capstar Partners"). Fund III Incorporated is
the general partner of Hicks, Muse GP Partners III, L.P., a Texas limited
partnership ("GP Partners III"), which is the general partner of HM3/GP
Partners, L.P., a Texas limited partnership ("HM3/Partners"), which is the
general partner of Capstar BT Partners, L.P., a Delaware limited partnership
("BT Partners") and manager of Capstar Boston Partners, L.L.C., a Delaware
limited liability company ("Boston Partners"). Hicks, Muse Fund IV LLC, a Texas
limited liability company ("HM Fund IV") is the general partner of HM4
Chancellor, L.P., a Texas limited partnership ("HM4") (collectively, the
"Reporting Persons" and each individually a "Reporting Person"). Each of the
Reporting Persons, with the exception of Mr. Hicks, primarily engage in the
acquiring, holding, voting and selling or otherwise disposing of capital stock
of the Company. The principal business address of the Reporting Persons is 200
Crescent Court, Suite 1600, Dallas, Texas 75201.
None of the Reporting Persons, during the last five years, (i) has been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors) or (ii) has been a party to a civil proceeding of a judicial or
administrative body of competent jurisdiction and as a result of which was or is
subject to judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state securities laws
or finding any violation with respect to such laws. Mr. Hicks is a United States
citizen.
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ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
On August 30, 2000, CCU Merger Sub, Inc., a wholly-owned subsidiary of
the Company, merged (the "Merger") with and into AMFM Inc., a Delaware
corporation ("AMFM"), with AMFM surviving the merger as a wholly-owned
subsidiary of the Company. Pursuant to the terms of the merger agreement related
to such transaction, holders of shares of Common Stock, $0.01 per share, of AMFM
(the "AMFM Common Stock") outstanding immediately prior to the Merger became
entitled to receive 0.94 of a share of Common Stock of the Company for each
share of AMFM Common Stock held by such holders. The following Reporting Persons
received or may be deemed to have received shares of Common Stock of the Company
in exchange for AMFM Common Stock as a result of the merger:
<TABLE>
<CAPTION>
Number of Shares Received Number of Shares Received
Reporting (Sole Voting and (Shared Voting and
Person Dispositive Power) Dispositive Power)
------------------ ------------------------- -------------------------
<S> <C> <C>
Mr. Hicks 4,039,874 51,957,823
HM2/Chancellor 0 12,339,757
HM2/Chancellor GP 0 12,339,757
HM2/Chancellor Holdings 0 12,339,757
HM2/HMW 0 2,026,183
HM Fund II 0 2,040,219
HM2/GP Partners 0 2,040,219
Hicks Muse Partners 0 2,040,219
Fund II Incorporated 0 2,040,219
HM4/Chancellor 0 8,029,935
HM Fund IV 0 8,029,935
Capstar Partners 0 28,206,684
HM3/Capstar Partners 0 28,206,684
HM3/Capstar 0 28,206,684
BT Partners 0 1,192,306
Boston Partners 0 127,027
HM3/Partners 0 1,319,333
GP Partners III 0 1,319,333
Fund III Incorporated 0 1,319,333
</TABLE>
For a description of the nature of the sole and shared voting and dispositive
power of the shares received in the merger and described above, see Item 5(b) of
this Schedule 13D.
ITEM 4. PURPOSE OF TRANSACTION
The shares of Common Stock received by the Reporting Persons described
in Item 3 to this Schedule 13D were acquired as a result of the Merger and are
being held by such Reporting Persons for investment purposes. Mr. Hicks is the
Vice Chairman of the Board of the Company and, through the relationships
described in Item 5 hereof, may be deemed
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to beneficially own approximately 10.3% of the outstanding shares of Common
Stock of the Company.
Except as otherwise set forth in this Item 4 or in Item 6, the
Reporting Persons do not have any plans or proposals which relate to or would
result in: (i) the acquisition by any person of additional securities of the
Company, or the disposition of securities of the Company; (ii) an extraordinary
corporate transaction, such as a merger, reorganization or liquidation,
involving the Company or any of its subsidiaries; (iii) a sale or transfer of a
material amount of assets of the Company or any of its subsidiaries; (iv) any
change in the present board of directors or management of the Company, including
any plans or proposals to change the number or term of directors or to fill any
existing vacancies on the board; (v) any material change in the present
capitalization or dividend policy of the Company; (vi) any other material change
in the Company's business or corporate structure, including but not limited to,
if the Company is a registered closed-end investment company, any plans or
proposals to make any changes in its investment policy for which a vote is
required by Section 13 of the Investment Company Act of 1940; (vii) changes in
the Company's charter, bylaws or instruments corresponding thereto or other
actions which may impede the acquisition of control of the Company by any
person; (viii) causing a class of securities of the Company to be delisted from
a national securities exchange or to cease to be authorized to be quoted in an
inter-dealer quotation system of a registered national securities association;
(ix) a class of equity securities of the Company becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Securities
Exchange Act of 1934, as amended; or (x) any action similar to any of those
enumerated above.
ITEM 5. INTEREST IN SECURITIES OF ISSUER
Following the transactions described in Item 3:
(a)
(1) Mr. Hicks may be deemed to beneficially own in the
aggregate 55,997,697 shares of the Common Stock of the Company,
representing approximately 10.3% of the outstanding shares of Common
Stock. Of such shares, Mr. Hicks has sole voting and dispositive power
with respect to 4,039,874 shares, and shared voting and dispositive
power with respect to 51,957,823 shares as a result of the
relationships described in paragraph (b)(1) below.
(2) HM2/Chancellor may be deemed to beneficially own in the
aggregate 12,339,757 shares of the Common Stock of the Company,
representing approximately 2.3% of the outstanding shares of Common
Stock. Of such shares, HM2/Chancellor has sole voting and dispositive
power with respect to no shares and shared voting and dispositive power
with respect to 12,339,757 shares as a result of the relationships
described in paragraph (b)(2) below.
(3) HM2/Chancellor GP may be deemed to beneficially own in the
aggregate 12,339,757 shares of the Common Stock of the Company,
representing approximately 2.3% of the outstanding shares of Common
Stock. Of such shares, HM2/Chancellor GP has sole voting and
dispositive power with respect to no shares, and shared voting and
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dispositive power with respect to 12,339,757 shares as a result of the
relationships described in paragraph (b)(3) below.
(4) HM2/Chancellor Holdings may be deemed to beneficially own
in the aggregate 12,339,757 shares of the Common Stock of the Company,
representing approximately 2.3% of the outstanding shares of Common
Stock. Of such shares, HM2/Chancellor Holdings has sole voting and
dispositive power with respect to no shares, and shared voting and
dispositive power with respect to 12,339,757 shares as a result of the
relationships described in paragraph (b)(4) below.
(5) HM2/HMW may be deemed to beneficially own in the aggregate
2,026,183 shares of the Common Stock of the Company, representing
approximately 0.4% of the outstanding shares of Common Stock. Of such
shares, HM2/HMW has sole voting and dispositive power with respect to
no shares, and shared voting and dispositive power with respect to
2,026,183 shares as a result of the relationships described in
paragraph (b)(5) below.
(6) HM Fund II may be deemed to beneficially own in the
aggregate 2,040,219 shares of the Common Stock of the Company,
representing approximately 0.4% of the outstanding shares of Common
Stock. Of such shares, HM Fund II has sole voting and dispositive power
with respect to no shares, and shared voting and dispositive power with
respect to 2,040,219 shares as a result of the relationships described
in paragraph (b)(6) below.
(7) HM2/GP Partners may be deemed to beneficially own in the
aggregate 2,040,219 shares of the Common Stock of the Company,
representing approximately 0.4% of the outstanding shares of Common
Stock. Of such shares, HM2/GP Partners has sole voting and dispositive
power with respect to no shares, and shared voting and dispositive
power with respect to 2,040,219 shares as a result of the relationships
described in paragraph (b)(7) below.
(8) Hicks Muse Partners may be deemed to beneficially own in
the aggregate 2,040,219 shares of the Common Stock of the Company,
representing approximately 0.4% of the outstanding shares of Common
Stock. Of such shares, Hicks Muse Partners has sole voting and
dispositive power with respect to no shares, and shared voting and
dispositive power with respect to 2,040,219 shares as a result of the
relationships described in paragraph (b)(9) below.
(9) Fund II Incorporated may be deemed to beneficially own in
the aggregate 2,040,219 shares of the Common Stock of the Company,
representing approximately 0.4% of the outstanding shares of Common
Stock. Of such shares, Fund II Incorporated has sole voting and
dispositive power with respect to no shares, and shared voting and
dispositive power with respect to 2,040,219 shares as a result of the
relationships described in paragraph (b)(9) below.
(10) HM4/Chancellor may be deemed to beneficially own in the
aggregate 8,029,935 shares of the Common Stock of the Company,
representing approximately 1.5%
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of the outstanding shares of Common Stock. Of such shares,
HM4/Chancellor has sole voting and dispositive power with respect to no
shares, and shared voting and dispositive power with respect to
8,029,935 shares as a result of the relationships described in
paragraph (b)(10) below.
(11) HM Fund IV may be deemed to beneficially own in the
aggregate 8,029,935 shares of the Common Stock of the Company,
representing approximately 1.5% of the outstanding shares of Common
Stock. Of such shares, HM Fund IV has sole voting and dispositive power
with respect to no shares, and shared voting and dispositive power with
respect to 8,029,935 shares as a result of the relationships described
in paragraph (b)(11) below.
(12) Capstar Partners may be deemed to beneficially own in the
aggregate 28,206,684 shares of the Common Stock of the Company,
representing approximately 5.2% of the outstanding shares of Common
Stock. Of such shares, Capstar Partners has sole voting and dispositive
power with respect to no shares, and shared voting and dispositive
power with respect to 28,206,684 shares as a result of the
relationships described in paragraph (b)(12) below.
(13) HM3/Capstar Partners may be deemed to beneficially own in
the aggregate 28,206,684 shares of the Common Stock of the Company,
representing approximately 5.2% of the outstanding shares of Common
Stock. Of such shares, HM3/Capstar Partners has sole voting and
dispositive power with respect to no shares, and shared voting and
dispositive power with respect to 28,206,684 shares as a result of the
relationships described in paragraph (b)(13) below.
(14) HM3/Capstar may be deemed to beneficially own in the
aggregate 28,206,684 shares of the Common Stock of the Company,
representing approximately 5.2% of the outstanding shares of Common
Stock. Of such shares, HM3/Capstar has sole voting and dispositive
power with respect to no shares, and shared voting and dispositive
power with respect to 28,206,684 shares as a result of the
relationships described in paragraph (b)(14) below.
(15) BT Partners may be deemed to beneficially own in the
aggregate 1,192,306 shares of the Common Stock of the Company,
representing approximately 0.2% of the outstanding shares of Common
Stock. Of such shares, BT Partners has sole voting and dispositive
power with respect to no shares, shared voting and dispositive power
with respect to 1,192,306 shares as a result of the relationships
described in paragraph (b)(15) below.
(16) Boston Partners may be deemed to beneficially own in the
aggregate 127,027 shares of the Common Stock of the Company,
representing approximately 0.0% of the outstanding shares of Common
Stock. Of such shares, Boston Partners has sole voting and dispositive
power with respect to no shares, and shared voting and dispositive
power with respect to 127,027 shares as a result of the relationships
described in paragraph (b)(16) below.
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(17) HM3/Partners may be deemed to beneficially own in the
aggregate 1,319,333 shares of the Common Stock of the Company,
representing approximately 0.2% of the outstanding shares of Common
Stock. Of such shares, HM3/Partners has sole voting and dispositive
power with respect to no shares, and shared voting and dispositive
power with respect to 1,319,333 shares as a result of the relationships
described in paragraph (b)(17) below.
(18) GP Partners III may be deemed to beneficially own in the
aggregate 1,319,333 shares of the Common Stock of the Company,
representing approximately 0.2% of the outstanding shares of Common
Stock. Of such shares, GP Partners III has sole voting and dispositive
power with respect to no shares, and shared voting and dispositive
power with respect to 1,319,333 shares as a result of the relationships
described in paragraph (b)(18) below.
(19) Fund III Incorporated may be deemed to beneficially own
in the aggregate 1,319,333 shares of the Common Stock of the Company,
representing approximately 0.2% of the outstanding shares of Common
Stock. Of such shares, Fund III Incorporated has sole voting and
dispositive power with respect to no shares, and shared voting and
dispositive power with respect to 1,319,333 shares as a result of the
relationships described in paragraph (b)(19) below.
(b)
(1) Of the 4,039,874 shares of Common Stock for which Mr.
Hicks has sole voting and dispositive power, 3,532,167 shares are held
of record by Mr. Hicks, 311,169 shares are held of record by Mr. Hicks
as the trustee of certain trusts for the benefit of Mr. Hicks'
children, 102,366 shares are held of record by a private foundation
controlled by Mr. Hicks, and 94,172 shares are owned of record by two
limited partnerships, the general partner of each of which is a limited
liability company of which Mr. Hicks is the sole member. Of the
51,957,823 shares of Common Stock for which Mr. Hicks has shared voting
and dispositive power, 21,895 shares are owned by Mr. Hicks of record
as the co-trustee of a trust for the benefit of unrelated parties, and
51,935,928 of such shares are owned of record as follows: 12,339,757
shares of Common Stock are owned of record by HM2/Chancellor; 2,026,183
shares of Common Stock are owned of record by HM2/HMW; 14,036 shares of
Common Stock are owned of record by HM Fund II; 8,029,935 shares of
Common Stock are owned of record by a nominee on behalf of HM4;
28,206,684 shares are held of record by Capstar Partners; 1,192,306
shares of Common Stock are owned of record by BT Partners; and 127,027
shares of Common Stock are owned of record by Boston Partners.
HM2/Chancellor GP is the general partner of HM2/Chancellor
and, therefore, may be deemed to be the beneficial owner of the shares
of Common Stock owned of record by HM2/Chancellor. HM2/Chancellor
Holdings is the general partner of HM2/Chancellor GP and, therefore,
may be deemed to be the beneficial owner of the shares beneficially
owned by HM2/Chancellor GP. Mr. Hicks is the sole director and owns all
of the outstanding shares of capital stock of HM2/Chancellor Holdings
and, therefore, may be deemed to be
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the beneficial owner of the shares of Common Stock beneficially owned
by HM2/Chancellor Holdings.
HM Fund II is the general partner of HM2/HMW and, therefore,
may be deemed to be the beneficial owner of the shares held of record
by HM2/HMW. HM2/GP Partners is the general partner of HM Fund II and,
therefore, may be deemed to be the beneficial owner of the shares held
of record and beneficially owned by HM Fund II. Hicks Muse Partners is
the general partner of HM2/GP Partners and, therefore, may be deemed to
be the beneficial owner of the shares beneficially owned by HM2/GP
Partners. Fund II Incorporated is the general partner of Hicks Muse
Partners and, therefore, may be deemed to be the beneficial owner of
the shares beneficially owned by Hicks Muse Partners. Mr. Hicks is the
controlling stockholder, Chairman of the Board, Chief Executive Officer
and Partner of Fund II Incorporated and, therefore, may be deemed to
beneficially own all or a portion of the shares of Common Stock
beneficially owned by Fund II Incorporated.
HM Fund IV is the general partner of HM4/Chancellor and,
therefore, may be deemed to be the beneficial owner of the shares
beneficially owned by HM4/Chancellor. Mr. Hicks is the sole member of
HM Fund IV and, therefore, may be deemed to beneficially own all or a
portion of the shares of Common Stock beneficially owned by HM Fund IV.
HM3/Capstar Partners is the general partner of Capstar
Partners and, therefore, may be deemed to be the beneficial owner of
the shares held of record by Capstar Partners. HM3/Capstar is the
general partner of HM3/Capstar Partners and, therefore, may be deemed
to be the beneficial owner of the shares beneficially owned by
HM3/Capstar Partners. Mr. Hicks is the sole shareholder, director,
Chairman of the Board, Chief Executive Officer and Partner of
HM3/Capstar and, therefore, may be deemed to beneficially own all or a
portion of the shares of Common Stock beneficially owned by
HM3/Capstar.
HM3/Partners is the general partner of each of BT Partners and
Boston Partners and, therefore, may be deemed to be the beneficial
owner of the shares held of record by BT Partners and Boston Partners.
GP Partners III is general partner of HM3/Partners and, therefore, may
be deemed to be the beneficial owner of the shares beneficially owned
by HM3/Partners. Fund III Incorporated is the general partner of GP
Partners III and, therefore, may be deemed to be the beneficial owner
of the shares beneficially owned by GP Partners III. Mr. Hicks is the
sole shareholder, director, Chairman of the Board, Chief Executive
Officer and Partner of Fund III Incorporated and, therefore, may be
deemed to beneficially own all or a portion of the shares of Common
Stock beneficially owned by Fund III Incorporated.
(2) Of the 12,339,757 shares of Common Stock for which
HM2/Chancellor has shared voting and dispositive power, 12,339,757 of
such shares are held of record by HM2/Chancellor.
(3) Of the 12,339,757 shares of Common Stock for which
HM2/Chancellor GP has shared voting and dispositive power, none of such
shares are held of record by
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HM2/Chancellor GP, and 12,339,757 of such shares are held of record by
HM2/Chancellor. HM2/Chancellor GP is the general partner of
HM2/Chancellor and, therefore, may be deemed to be the beneficial owner
of the shares owned of record by HM2/Chancellor.
(4) Of the 12,339,757 shares of Common Stock for which
HM2/Chancellor Holdings has shared voting and dispositive power, none
of such shares are held of record by HM2/Chancellor Holdings, and
12,339,757 of such shares may be beneficially owned by HM2/Chancellor
GP. HM2/Chancellor Holdings is the general partner of HM2/Chancellor GP
and, therefore, may be deemed to be the beneficial owner of the shares
beneficially owned by HM2/Chancellor GP.
(5) Of the 2,026,183 shares of Common Stock for which HM2/HMW
has shared voting and dispositive power, 2,026,183 of such shares are
held of record by HM2/HMW.
(6) Of the 2,040,219 shares of Common Stock for which HM Fund
II has shared voting and dispositive power, 14,036 of such shares are
held of record by HM Fund II, and 2,026,183 of such shares are held of
record by HM2/HMW. HM Fund II is the general partner of HM2/HMW and,
therefore, may be deemed to be the beneficial owner.
(7) Of the 2,040,219 shares of Common Stock for which HM2/GP
Partners has shared voting and dispositive power, none of such shares
are held of record by HM2/GP Partners, and 2,040,219 of such shares are
held of record and beneficially by HM Fund II. HM2/GP Partners is the
general partner of HM Fund II and, therefore, may be deemed to be the
beneficial owner of the shares held of record and beneficially owned by
HM Fund II.
(8) Of the 2,040,219 shares of Common Stock for which Hicks
Muse Partners has shared voting and dispositive power, none of such
shares are held of record by Hicks Muse Partners, and 2,040,219 of such
shares are beneficially owned by HM2/GP Partners. Hicks Muse Partners
is the general partner of HM2/GP Partners and, therefore, may be deemed
to be the beneficial owner of the shares beneficially owned by HM2/GP
Partners.
(9) Of the 2,040,219 shares of Common Stock for which Fund II
Incorporated has shared voting and dispositive power, none of such
shares are held of record by Fund II Incorporated, and 2,170,446 of
such shares may be beneficially owned by Hicks Muse Partners. Fund II
Incorporated is the general partner of Hicks Muse Partners and,
therefore, may be deemed to be the beneficial owner of the shares
beneficially owned by Hicks Muse Partners.
(10) Of the 8,029,935 shares of Common Stock for which HM4 has
shared voting and dispositive power, 8,029,935 of such shares are
beneficially owned by HM4/Chancellor.
(11) Of the 8,029,935 shares of Common Stock for which HM Fund
IV has shared voting and dispositive power, none of such shares are
held of record by HM Fund IV, and 8,029,935 of such shares are
beneficially owned by HM4/Chancellor. HM Fund
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IV is the general partner of HM4/Chancellor and, therefore, may be
deemed to be the beneficial owner of the shares beneficially owned by
HM4/Chancellor.
(12) Of the 28,206,684 shares of Common Stock for which
Capstar Partners has shared voting and dispositive power, 28,206,684 of
such shares are held of record by Capstar Partners.
(13) Of the 28,206,684 shares of Common Stock for which
HM3/Capstar Partners has shared voting and dispositive power, none of
such shares are held of record by HM3/Capstar Partners, and 28,206,684
of such shares are held of record by Capstar Partners. HM3/Capstar
Partners is the general partner of Capstar Partners and, therefore, may
be deemed to be the beneficial owner of the shares owned of record by
Capstar Partners.
(14) Of the 28,206,684 shares of Common Stock for which
HM3/Capstar has shared voting and dispositive power, none of such
shares are held of record by HM3/Capstar, and 28,206,684 of such shares
are beneficially owned by HM3/Capstar Partners. HM3/Capstar is the
general partner of HM3/Capstar Partners and, therefore, may be deemed
to be the beneficial owner of the shares beneficially owned by
HM3/Capstar Partners.
(15) Of the 1,192,306 shares of Common Stock for which BT
Partners has shared voting and dispositive power, 1,192,306 of such
shares are held of record by BT Partners.
(16) Of the 127,027 shares of Common Stock for which Boston
Partners has shared voting and dispositive power, 127,027 of such
shares are held of record by Boston Partners.
(17) Of the 1,319,333 shares of Common Stock for which
HM3/Partners has shared voting and dispositive power, none of such
shares are held of record by HM3/Partners, 1,192,306 of such shares are
held of record by BT Partners, and 127,027 of such shares are
beneficially owned by Boston Partners. HM3/Partners is the general
partner of each of BT Partners and Boston Partners and, therefore, may
be deemed to be the beneficial owner of the shares owned of record by
BT Partners and Boston Partners.
(18) Of the 1,319,333 shares of Common Stock for which GP
Partners III has shared voting and dispositive power, none of such
shares are held of record by GP Partners III, and 1,319,333 of such
shares are beneficially owned by HM3/Partners. GP Partners III is the
general partner of HM3/Partners and, therefore, may be deemed to be the
beneficial owner of the shares beneficially owned by HM3/Partners.
(19) Of the 1,319,333 shares of Common Stock for which Fund
III Incorporated has shared voting and dispositive power, none of such
shares are held of record by Fund III Incorporated, and 1,319,333 of
such shares are beneficially owned by GP Partners III. Fund III
Incorporated is the general partner of GP Partners III and, therefore,
may be deemed to be the beneficial owner of the shares beneficially
owned by GP Partners III.
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Each of the Reporting Persons expressly disclaims (i) the
existence of any group and (ii) beneficial ownership with respect to
any shares of Common Stock covered by this Schedule 13D not owned by
him or it of record.
(c) See Item 3.
(d) The right to receive dividends on, and proceeds from the sale of,
the shares of Common Stock held of record by HM2/Chancellor, HM2/HMW, HM Fund
II, Capstar Partners, BT Partners and Boston Partners and beneficially owned by
HM4/Chancellor described in paragraphs (a) and (b) above is governed by the
limited partnership and limited liability agreements, as applicable, of each of
such entities, and such dividends or proceeds may be distributed with respect to
numerous general and limited partnership or membership interests.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER
Pursuant to the Shareholders Agreement dated as of October 2, 1999 (the
"Shareholders Agreement") by and among the Company, L. Lowry Mays ("Mr. Mays"),
4-M Partners, Ltd. ("4-M Partners" and together with Mr. Mays, the "Existing
Shareholders") and the New Shareholders (consisting of Mr. Hicks, HM Fund II,
HM2/HMW, HM2/Chancellor, Capstar Partners, HM4/Chancellor, Boston Partners and
BT Partners, and together with Mr. Mays and 4-M Partners, the "Shareholders"),
the Shareholders have agreed as follows:
(1) the Shareholders will not own or seek to own beneficially,
directly or indirectly, voting securities of the Company or derivative
securities that are convertible, exchangeable or exercisable for voting
securities (the "Voting Securities") such that the aggregate beneficial
ownership of any Shareholder and its respective affiliates exceeds 20%
of the total amount of Voting Securities outstanding at any time (the
"Percentage Limitation");
(2) the Shareholders will not acquire or offer, agree or
otherwise seek to acquire any assets of the Company or any of its
successors or subsidiaries;
(3) the Shareholders will not (i) solicit proxies or consents
or become a participant in a solicitation within the meaning of
Regulation 14A under the Securities Exchange Act of 1934 (the "Exchange
Act"), with respect to the securities of the Company or its successors
subsidiaries, or (ii) initiate any shareholder proposal or "election
contest" with respect to the Company or any of its successors or
subsidiaries, or (iii) directly or indirectly advise, assist,
encourage, induce, or act as a financing source for others to take any
such action;
(4) the Shareholders will not take any action for the purpose
of (i) convening a meeting of the shareholders of the Company or any of
its subsidiaries or successors, (ii) take action by written consent of
the shareholders of the Company or any of its successors or
subsidiaries, or (iii) directly or indirectly advise, assist,
encourage, induce, or act as a financing source for others to take such
action;
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(5) the Shareholders will not, except as otherwise permitted
by the Shareholders Agreement, make any public disclosure relating to
(i) the acquisition of Voting Securities by the Shareholders that would
result in the aggregate beneficial ownership of any Shareholder and its
respective affiliates exceeding the Percentage Limitation, (ii) a
proposal for a Business Combination Transaction (as defined in the
Shareholders Agreement), or (c) a tender or exchange offer for Voting
Securities;
(6) the Shareholders will not, except as otherwise permitted
by the Shareholders Agreement, inter into or agree, offer, commence,
propose or seek to enter into or otherwise be involved in or part of,
directly or indirectly, any (i) tender offer or exchange for Voting
Securities or (ii) any Business Combination Transaction;
(7) the Shareholders will not request or solicit any person,
firm, individual, business trust, trust, association, corporation,
partnership, joint venture, company, unincorporated entity or
governmental entity to (i) make a tender or exchange offer for Voting
Securities or (ii) make a Business Combination Transaction;
(8) the Shareholders will not make any proposal (i) to the
Company or its board of directors for a Business Combination
Transaction or (ii) for a tender or exchange offer for Voting
Securities;
(9) the Shareholders will not, except in connection with
certain estate planning activities undertaken by a Shareholder that is
a natural person, deposit Voting Securities into a voting trust or
subject Voting Securities to voting agreements, or grant any proxy with
respect to any Voting Securities to any person not designated by the
Company's board of directors, other than in connection with a bona fide
pledge of Voting Securities by a Shareholder who is a natural person;
(10) the Shareholders will not form, join or in any way
participate in a "group" as that term is defined under Section 13d of
the Exchange Act for the purpose of taking any action restricted above;
(11) the Shareholders will not disclose publicly any
intention, plan or arrangement inconsistent with the foregoing or any
other provision of the Shareholders Agreement with respect to any
Voting Securities; or
(12) the Shareholders will not enter into discussions,
negotiations, arrangements or understandings with any third party with
respect to any action that would be prohibited by the Shareholders
Agreement if such action were to be undertaken by the Shareholders or
their respective affiliates;
(13) the Shareholders may, except under certain conditions
that would violate the restrictions in the Shareholders Agreement, at
any time, directly or indirectly, sell, transfer any beneficial
interest in, pledge, hypothecate or otherwise dispose, or offer or
enter into any agreement or understanding to sell, any Voting
Securities;
Page 31
<PAGE> 32
(14) any New Shareholder that is a partnership, corporation or
other entity will provide the Company with at least ten days notice
before paying any dividend or making any distribution to the holders of
equity interests of such New Shareholder; and
(15) the voting power of any single Shareholder shall be
limited such that the aggregate voting power of all New Shareholders
and their affiliates or all Existing Shareholders, respectively, shall
not exceed one vote less than 20 percent of the total number of votes
permitted on any matter.
Pursuant to the Registration Rights Agreement (the "Registration Rights
Agreement") dated as of October 2, 1999, by and among the Company and Fund II,
HM2/HMW, HM2/Chancellor, HM4/Chancellor, Capstar Partners, BT Partners, Boston
Partners, Mr. Hicks, John R. Muse, Charles W. Tate, Jack D. Furst, Michael J.
Levitt, Lawrence D. Stuart, Jr., David B. Deniger and Dan H. Blanks
(collectively, the "Holders"), the Company and the Holders have agreed as
follows:
(1) upon written notice to the Company by Holders holding a
majority of the Company's securities acquired in the Merger, the
Company shall prepare and, within 30 days after such request, file a
registration statement for the sale of securities under the Securities
Act of 1933 (the "Securities Act") with the Securities and Exchange
Commission and use its reasonable best efforts to cause such
registration statement to become effective within 45 days after such
filing, subject to certain limitations set forth in the Registration
Rights Agreement; and
(2) each time the Company proposes to register its equity
securities under the Securities Act for sale to the public the Company
shall give prompt written notice to each Holder giving each such Holder
the opportunity to offer its securities acquired in the Merger in such
public offering.
The foregoing summary of the terms of the Shareholders Agreement and
the Registration Rights Agreement (collectively, the "Agreements") is qualified
in its entirety by reference to the respective Agreements, copies of which are
attached hereto and incorporated herein by reference.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
10.1 Agreement and Plan of Merger, dated October 2, 1999, by and among Clear
Channel Communications, Inc., CCU Merger Sub, Inc. and AMFM Inc.
(incorporated by reference to exhibit no. 2.1 to the AMFM Inc. current
report on Form 8-K, filed October 5, 1999).
10.2 Shareholders Agreement, dated October 2, 1999, by and among Clear
Channel Communications, Inc., Mr. Mays, 4-M Partners, Ltd., Hicks,
Muse, Tate & Furst Equity Fund II, L.P., HM2/HMW, L.P., HM2/Chancellor,
L.P., HM4/Chancellor, L.P., Capstar Broadcasting Partners, L.P.,
Capstar BT Partners, L.P., Capstar Boston Partners, L.L.C. and Thomas
O. Hicks (incorporated by reference to Annex B to the Clear Channel
Communications, Inc. registration statement on Form S-4, filed March
15, 2000).
Page 32
<PAGE> 33
10.3 Registration Rights Agreement, dated October 2, 1999, among Clear
Channel Communications, Inc., Hicks, Muse, Tate & Furst Equity Fund II,
L.P., HM2/HMW, L.P., HM2/Chancellor, L.P., Capstar Broadcasting
Partners, L.P., Capstar BT Partners, L.P., Capstar Boston Partners,
L.L.C., Mr. Hicks, John R. Muse, Charles W. Tate, Jack D. Furst,
Michael J. Levitt, Lawrence D. Stuart, Jr., David B. Deniger and Dan H.
Blanks (incorporated by reference to Annex C to the Clear Channel
Communications, Inc., registration statement on Form S-4, filed March
15, 2000).
99.1 Joint Filing Agreement dated September 14, 1999, among the Reporting
Persons (incorporated by reference to Amendment No. 5 to the Schedule
13D of Mr. Hicks filed September 15, 1999, relating to his investment
in AMFM Inc.).
99.2 Power of Attorney for Mr. Hicks (incorporated by reference to the
Schedule 13D of Mr. Hicks filed June 8, 1998, relating to his
investment in Capstar Broadcasting Corporation).
----------
Page 33
<PAGE> 34
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 By: *
-------------------------- ----------------------------
Date Name: Thomas O. Hicks
*By: /s/ David W. Knickel
---------------------------
David W. Knickel
Attorney-in-Fact
<PAGE> 35
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 HICKS, MUSE FUND II INCORPORATED
--------------------------
Date
By: /s/ David W.Knickel
-------------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer and
Secretary
<PAGE> 36
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 HICKS, MUSE GP PARTNERS, L.P.
-----------------------
Date
By: HICKS, MUSE FUND II
INCORPORATED, its general partner
By: /s/ David W. Knickel
------------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer and
Secretary
<PAGE> 37
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 HM2/GP PARTNERS, L.P.
----------------------
Date
By: HICKS, MUSE GP PARTNERS, L.P.,
its general partner
By: HICKS, MUSE FUND II INCORPORATED,
its general partner
By: /s/ David W. Knickel
------------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer and
Secretary
<PAGE> 38
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
August 30, 2000 HICKS, MUSE, TATE & FURST EQUITY
-------------------------- FUND II, L.P.
Date
By: HM2/GP PARTNERS, L.P.,
its general partner
By: HICKS, MUSE GP PARTNERS, L.P.,
its general partner
By: HICKS, MUSE FUND II INCORPORATED,
its general partner
By: /s/ David W. Knickel
------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
<PAGE> 39
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 HM2/HMW, L.P.
-----------------------
Date
By: HICKS, MUSE, TATE & FURST EQUITY
FUND II, L.P., its general partner
By: HM2/GP PARTNERS, L.P., its general
partner
By: HICKS, MUSE GP PARTNERS, L.P., its
general partner
By: HICKS, MUSE FUND II INCORPORATED, its
general partner
By: /s/ David W. Knickel
------------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer and
Secretary
<PAGE> 40
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 HM2/CHANCELLOR, L.P.
-------------------------
Date
By: HM2/CHANCELLOR GP, L.P., its general
partner
By: HM2/CHANCELLOR HOLDINGS, INC., its
general partner
By: /s/ David W. Knickel
---------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
<PAGE> 41
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 HM2/CHANCELLOR GP, L.P.
-----------------------
Date
By: HM2/CHANCELLOR HOLDINGS, INC., its
general partner
By: /s/ David W. Knickel
--------------------------------
Name: David W. Knickel
Title: Vice President,
Treasurer and Secretary
<PAGE> 42
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 HM2/CHANCELLOR HOLDINGS, INC.
--------------------------
Date
By: /s/ David W. Knickel
------------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
<PAGE> 43
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 HM4/CHANCELLOR, L.P.
-----------------------
Date
By: HICKS, MUSE FUND IV LLC, its general
partner
By: /s/ David W. Knickel
---------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
<PAGE> 44
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 HICKS, MUSE FUND IV LLC
---------------------------
Date
By: /s/ David W. Knickel
-----------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
<PAGE> 45
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 CAPSTAR BROADCASTING PARTNERS, L.P.
-------------------------
Date
By: HM3/CAPSTAR PARTNERS, L.P., its
general partner
By: HM3/CAPSTAR, INC., its general
partner
By: /s/ David W.Knickel
--------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
<PAGE> 46
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 HM3/CAPSTAR PARTNERS, L.P.
---------------------------
Date
By: HM3/CAPSTAR, INC., its general
partner
By: /s/ David W. Knickel
---------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
<PAGE> 47
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 HM3/CAPSTAR, INC.
------------------------
Date
By: /s/ David W. Knickel
-------------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer and
Secretary
<PAGE> 48
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
August 30, 2000 CAPSTAR BT PARTNERS, L.P.
------------------------
Date
By: HM3/GP PARTNERS, L.P., its general
partner
By: HICKS, MUSE GP PARTNERS III, L.P.,
its general partner
By: HICKS, MUSE FUND III INCORPORATED,
its general partner
By: /s/ David W. Knickel
----------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
<PAGE> 49
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 CAPSTAR BOSTON PARTNERS, L.L.C.
------------------------
Date
By: HM3/GP PARTNERS, L.P., its managing
member
By: HICKS, MUSE GP PARTNERS III, L.P., its
general partner
By: HICKS, MUSE FUND III INCORPORATED, its
general partner
By: /s/ David W. Knickel
-----------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
<PAGE> 50
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 HM3/GP PARTNERS, L.P.
-----------------------
Date
By: HICKS, MUSE GP PARTNERS III, L.P.,
its general partner
By: HICKS, MUSE FUND III INCORPORATED,
its general partner
By: /s/ David W. Knickel
----------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
<PAGE> 51
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 HICKS, MUSE GP PARTNERS III, L.P.
------------------------
Date
By: HICKS, MUSE FUND III INCORPORATED,
its general partner
By: /s/ David W.Knickel
----------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
<PAGE> 52
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 30, 2000 HICKS, MUSE FUND III INCORPORATED
-----------------------
Date
By: /s/ David W. Knickel
---------------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer and
Secretary
<PAGE> 53
EXHIBIT INDEX
<TABLE>
<CAPTION>
EXHIBIT
NUMBER DESCRIPTION
------ -----------
<S> <C>
10.1 Agreement and Plan of Merger, dated October 2, 1999, by and among
Clear Channel Communications, Inc., CCU Merger Sub, Inc. and AMFM
Inc. (incorporated by reference to exhibit no. 2.1 to the AMFM
Inc. current report on Form 8-K, filed October 5, 1999).
10.2 Shareholders Agreement, dated October 2, 1999, by and among Clear
Channel Communications, Inc., Mr. Mays, 4-M Partners, Ltd., Hicks,
Muse, Tate & Furst Equity Fund II, L.P., HM2/HMW, L.P.,
HM2/Chancellor, L.P., HM4/Chancellor, L.P., Capstar Broadcasting
Partners, L.P., Capstar BT Partners, L.P., Capstar Boston
Partners, L.L.C. and Thomas O. Hicks (incorporated by reference to
Annex B to the Clear Channel Communication, Inc. registration
statement on Form S-4, filed March 15, 2000).
10.3 Registration Rights Agreement, dated October 2, 1999, among Clear
Channel Communications, Inc., Hicks, Muse, Tate & Furst Equity
Fund II, L.P., HM2/HMW, L.P., HM2/Chancellor, L.P., Capstar
Broadcasting Partners, L.P., Capstar BT Partners, L.P., Capstar
Boston Partners, L.L.C., Mr. Hicks, John R. Muse, Charles W. Tate,
Jack D. Furst, Michael J. Levitt, Lawrence D. Stuart, Jr., David
B. Deniger and Dan H. Blanks (incorporated by reference to
Annex C to the Clear Channel Communication, Inc. registration
statement on Form S-4, filed March 15, 2000).
99.1 Joint Filing Agreement dated September 14, 1999 among the
Reporting Persons (incorporated by reference to Amendment No. 5 to
the Schedule 13D of Mr. Hicks filed September 15, 1999, relating
to his investment in AMFM Inc.).
99.2 Power of Attorney for Mr. Hicks (incorporated by reference to the
Schedule 13D of Mr. Hicks filed June 8, 1998, relating to his
investment in Capstar Broadcasting Corporation).
</TABLE>
