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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported) October 15, 1997
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Busse Broadcasting Corporation
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(Exact name of registrant as specified in its charter)
Delaware 33-99622 38-2750516
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
141 East Michigan Avenue, Suite 300
Kalamazoo, Michigan 49007
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (616) 388-8019
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No Change
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(Former name or former address, if changed since last report)
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BUSSE BROADCASTING CORPORATION
ITEM 5: Other Events:
Reference is made to the Press Release of Busse Broadcasting
Corporation, a Delaware corporation (the "Company"), dated October 15, 1997
attached hereto as Exhibit 10.1 and incorporated by reference herein. The Press
Release announces that the Company has been advised by its controlling
stockholders that they have directed Morgan Stanley & Co. Incorporated, their
financial advisor, to resume the evaluation of strategic transactions in
connection with the possible sale of the Company.
ITEM 7: Financial Statements and Exhibits
A. Financial Statements: None
B. Exhibits:
Description Exhibit
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Press Release dated October 15, 1997 10.1
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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.
BUSSE BROADCASTING CORPORATION
(Registrant)
Dated: October 15, 1997
By: /s/ James C. Ryan
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Name: James C. Ryan
Title: Chief Financial Officer
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EXHIBIT INDEX
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Exhibit
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Press Release dated October 15, 1997 10.1
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Exhibit 10.1
Busse Broadcasting Corporation
141 East Michigan Avenue, Suite 300
Kalamazoo, Michigan 49007
Phone 616-388-8019
Contact:
Busse Broadcasting Corporation
Lawrence A. Busse
James C. Ryan
Morgan Stanley & Co. Incorporated
Michael F. Wyatt 212-761-7286
FOR IMMEDIATE RELEASE
Wednesday, October 15, 1997
CONTROLLING STOCKHOLDERS RESUME EVALUATION
OF STRATEGIC TRANSACTIONS IN CONNECTION WITH
THE POSSIBLE SALE OF BUSSE BROADCASTING CORPORATION
KALAMAZOO, MICHIGAN, October 15, 1997 -- Busse Broadcasting Corporation
(the "Company") today announced that it has been advised by its controlling
stockholders that they have directed their financial advisor, Morgan Stanley &
Co. Incorporated, to resume the evaluation of strategic transactions in
connection with the possible sale of the Company. The Company can make no
assurance as to whether any transaction will result from such evaluation or
as to value, timing or structure of any such transaction.
The Company owns and operates KOLN/KGIN-TV, a CBS affiliate serving
Lincoln and Grand Island, NE, and WEAU-TV, a NBC affiliate serving Eau Claire
and LaCrosse, WI.
