SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant
to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): July 14, 1994
IDB COMMUNICATIONS GROUP, INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
0-14972 93-0933098
(Commission (I.R.S. Employer
File No.) Identification No.)
10525 West Washington Boulevard, Culver City, California
(Address of Principal Executive Offices)
90232-1922
(Zip Code)
(213) 870-9000
(Registrant's Telephone Number, Including
Area Code)
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
(a) Financial Statements of Businesses Acquired.
None.
(b) Pro Forma Financial Information.
None.
(c) Exhibits.
Exhibit
No. Description
_______ _________________________________
99.1 Press Release dated July 14, 1994
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of
Culver City, State of California, on July 15, 1994.
IDB COMMUNICATIONS GROUP, INC.
/s/ Peter F. Hartz
By: ______________________________________________
Peter F. Hartz
Senior Vice President, Sales and Marketing
Exhibit 99.1
FOR IMMEDIATE RELEASE
Contact: Peter Hartz
Sr. VP, IDB
(213) 240-3721
Michael Sitrick
Michael Kolbenschlag
Sitrick Krantz & Co.
(310) 788-2850
IDB CONFIRMS TALKS WITH LDDS BUT SAYS
NO AGREEMENT HAS BEEN REACHED
LOS ANGELES, CA -- July 14, 1994 -- IDB Communications
Group, Inc. today confirmed it is holding talks with LDDS
Communications, Inc. regarding the potential acquisition of IDB
by LDDS. However, IDB stated that no agreement has been reached
and no assurances can be given that any transaction will occur,
nor the price at which it might occur.
IDB Communications Group, Inc. is a global telecommunications
company that operates a domestic and
international communications network providing its customers with
international private line and long distance telephone services,
radio and television transmission services, facsimile and data
connections, mobile satellite communications capabilities and the
design and integration of satellite networks worldwide.
