<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------------------
SCHEDULE 13D
(RULE 13d-101)
Under the Securities Exchange Act of 1934
(AMENDMENT NO. 5)
AMFM INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE
- --------------------------------------------------------------------------------
(Title of Class of Securities)
001693 10 0
- --------------------------------------------------------------------------------
(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)
JULY 13, 1999
- --------------------------------------------------------------------------------
(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
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 4,038,139
BENEFICIALLY ------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING 56,962,861
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
4,038,139
------------------------------------------------
10 SHARED DISPOSITIVE POWER
56,962,861
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
61,001,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
29.2%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 3
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 13,127,402
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
13,127,402
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,127,402
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
6.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 4
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 13,127,402
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
13,127,402
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,127,402
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
6.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 5
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 13,127,402
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
13,127,402
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,127,402
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
6.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 6
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 2,155,514
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,155,514
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,155,514
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 7
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 2,170,446
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,170,446
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,170,446
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 8
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 2,170,446
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,170,446
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,170,446
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 9
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 2,170,446
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,170,446
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,170,446
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 10
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 2,170,446
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,170,446
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,170,446
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 11
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 8,713,000
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
8,713,000
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,713,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
4.2%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 12
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 8,713,000
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
8,713,000
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,713,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
4.2%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 13
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 30,198,013
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
30,198,013
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,198,013
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
14.4%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 14
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 30,198,013
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
30,198,013
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,198,013
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
14.4%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 15
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 30,198,013
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
30,198,013
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,198,013
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
14.4%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 16
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 2,536,822
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,536,822
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,536,822
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.2%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 17
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 135,136
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
135,136
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
135,136
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 18
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 2,671,958
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,671,958
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,671,958
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 19
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 2,671,958
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,671,958
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,671,958
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 20
- --------------------- ---------------------
CUSIP No. 001693 10 0 13D 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
N/A
- --------------------------------------------------------------------------------
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 2,671,958
PERSON ------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
0
------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,671,958
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,671,958
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.3%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
* THE REPORTING PERSON EXPRESSLY DISCLAIMS (i) THE EXISTENCE OF ANY GROUP AND
(ii) BENEFICIAL OWNERSHIP WITH RESPECT TO ANY SHARES OTHER THAN THE SHARES
OWNED OF RECORD BY SUCH REPORTING PERSON. SEE ITEM 5.
<PAGE> 21
This Amendment No. 5 to Schedule 13D amends and supplements the Statement
on Schedule 13D initially filed with the Securities and Exchange Commission (the
"SEC") on or about September 15, 1997 (the "Schedule 13D"), as amended by
Amendment No. 1 filed on March 24, 1998, as further amended by Amendment No. 2
filed on September 16, 1998, as further amended by Amendment No. 3 filed on
March 24, 1999, and as further amended by Amendment No. 4 filed on April 15,
1999, by Thomas O. Hicks, HM2/Chancellor, L.P., HM2/Chancellor GP, L.P.,
HM2/Chancellor Holdings, Inc., HM2/HMW, L.P., Hicks, Muse, Tate & Furst Equity
Fund II, L.P., HM2/GP Partners, L.P., Hicks, Muse GP Partners, L.P., Hicks, Muse
Fund II Incorporated, HM4 Chancellor, L.P., and Hicks, Muse Fund IV LLC, with
respect to the Common Stock, $0.01 par value ("Common Stock"), of AMFM Inc.
(formerly known as Chancellor Media Corporation) (the "Company"). Unless
otherwise indicated, capitalized terms used herein shall have the respective
meanings given such terms in the Schedule 13D.
ITEM 2. IDENTITY AND BACKGROUND
(a) Name of Person(s) Filing this Statement (the "Filing Parties"):
Mr. Thomas O. Hicks;
HM2/Chancellor, L.P., a Texas limited partnership ("HM2/Chancellor");
HM2/Chancellor GP, L.P., a Texas limited partnership ("HM2/Chancellor
GP");
HM2/Chancellor Holdings, Inc., a Texas corporation ("HM2/Chancellor
Holdings");
HM2/HMW, L.P., a Texas limited partnership ("HM2/HMW");
Hicks, Muse, Tate & Furst Equity Fund II, L.P., a Delaware limited
partnership ("HM Fund II");
HM2/GP Partners, L.P., a Texas limited partnership ("HM2/GP
Partners");
Hicks, Muse GP Partners, L.P., a Texas limited partnership ("Hicks
Muse Partners");
Hicks, Muse Fund II Incorporated, a Texas corporation ("Fund II
Incorporated");
HM4 Chancellor, L.P., a Texas limited partnership ("HM4");
Hicks, Muse Fund IV LLC, a Texas limited liability company ("HM
Fund IV");
Capstar Broadcasting Partners, L.P., a Delaware limited partnership
("Capstar Partners");
HM3/Capstar Partners, L.P., a Texas limited partnership ("HM3/Capstar
Partners");
HM3/Capstar, Inc., a Texas corporation ("HM3/Capstar");
Capstar BT Partners, L.P., a Delaware limited partnership ("BT
Partners");
Capstar Boston Partners, L.L.C., a Delaware limited liability company
("Boston Partners");
HM3/GP Partners, L.P., a Texas limited partnership ("HM3/Partners");
Hicks, Muse GP Partners III, L.P., a Texas limited partnership ("GP
Partners III");
and
Hicks, Muse Fund III Incorporated, a Texas corporation ("Fund III
Incorporated").
<PAGE> 22
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
On July 13, 1999, CMC Merger Sub, Inc., a wholly-owned subsidiary of the
Company, merged with and into Capstar Broadcasting Corporation, a Delaware
corporation ("Capstar"), with Capstar 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 Class A Common Stock, Class B Common
Stock and Class C Common Stock (collectively, the "Capstar Common Stock") of
Capstar outstanding immediately prior to the merger became entitled to receive
0.4955 of a share of Common Stock of the Company for each share of Capstar
Common Stock held by such holders. The following Filing Parties received or may
be deemed to have received shares of Common Stock of the Company in exchange for
Capstar Common Stock as a result of the merger:
<TABLE>
<CAPTION>
Number of Shares Received Number of Shares Received
Filing Party (Sole Voting and Dispositive Power) (Shared Voting and Dispositive Power)
- ------------ ----------------------------------- -------------------------------------
<S> <C> <C>
Thomas O. Hicks 2,465,410 32,878,221
Capstar Partners -- 30,198,013
HM3/Capstar Partners -- 30,198,013
HM3/Capstar -- 30,198,013
BT Partners -- 2,536,822
Boston Partners -- 135,136
HM3/Partners -- 2,671,958
GP Partners III -- 2,671,958
Fund III Incorporated -- 2,671,958
</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 Amendment No. 5 to Schedule 13D.
ITEM 4. PURPOSE OF TRANSACTION
The shares of Common Stock received by the Filing Parties described in Item
3 to this Amendment No. 5 to Schedule 13D were acquired as a result of the
merger of the Company and Capstar and are being held by such Filing Parties for
investment purposes. Thomas O. Hicks is the Chairman of the Board and Chief
Executive Officer of the Company and, through the relationships described in
Item 5 hereof, may be deemed to beneficially own approximately 29.2% of the
outstanding shares of Common Stock of the Company.
ITEM 5. INTEREST IN SECURITIES OF ISSUER
(a)
(1) Following the transactions described in Item 3, Mr. Hicks may
be deemed to beneficially own in the aggregate 61,001,000 shares of
the Common Stock of the Company, representing approximately 29.2% of
the outstanding shares of Common Stock. Of such shares, Mr. Hicks has
sole voting and dispositive power with respect to 4,038,139 shares,
and shared
Page 22
<PAGE> 23
voting and dispositive power with respect to 56,962,861 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 13,127,402 shares of the Common Stock of the Company,
representing approximately 6.3% 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 13,127,402 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 13,127,402 shares of the Common Stock of the Company,
representing approximately 6.3% 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
dispositive power with respect to 13,127,402 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 13,127,402 shares of the Common Stock of the Company,
representing approximately 6.3% 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 13,127,402 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
2,155,514 shares of the Common Stock of the Company, representing
approximately 1.0% 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
2,155,514 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
2,170,446 shares of the Common Stock of the Company, representing
approximately 1.0% 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
2,170,446 shares as a result of the relationships described in
paragraph (b)(6) below.
(7) [Intentionally omitted.]
(8) HM2/GP Partners may be deemed to beneficially own in the
aggregate 2,170,446 shares of the Common Stock of the Company,
representing approximately 1.0% of the outstanding shares of Common
Stock. Of such shares, HM2/GP Partners has sole voting and dispositive
power with
Page 23
<PAGE> 24
respect to no shares, and shared voting and dispositive power with
respect to 2,170,446 shares as a result of the relationships described
in paragraph (b)(8) below.
(9) Hicks Muse Partners may be deemed to beneficially own in the
aggregate 2,170,446 shares of the Common Stock of the Company,
representing approximately 1.0% 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 2,170,446 shares as a result of the
relationships described in paragraph (b)(9) below.
(10) Fund II Incorporated may be deemed to beneficially own in
the aggregate 2,170,446 shares of the Common Stock of the Company,
representing approximately 1.0% 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 2,170,446 shares as a result of the
relationships described in paragraph (b)(10) below.
(11) HM4 may be deemed to beneficially own in the aggregate
8,713,000 shares of the Common Stock of the Company, representing
approximately 4.2% of the outstanding shares of Common Stock. Of such
shares, HM4 has sole voting and dispositive power with respect to no
shares, and shared voting and dispositive power with respect to
8,713,000 shares as a result of the relationships described in
paragraph (b)(11) below.
(12) HM Fund IV may be deemed to beneficially own in the
aggregate 8,713,000 shares of the Common Stock of the Company,
representing approximately 4.2% 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 8,713,000 shares as a result of the
relationships described in paragraph (b)(12) below.
(13) Capstar Partners may be deemed to beneficially own in the
aggregate 30,198,013 shares of the Common Stock of the Company,
representing approximately 14.4% 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 30,198,013 shares as a result of the
relationships described in paragraph (b)(13) below.
(14) HM3/Capstar Partners may be deemed to beneficially own in
the aggregate 30,198,013 shares of the Common Stock of the Company,
representing approximately 14.4% 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
Page 24
<PAGE> 25
to 30,198,013 shares as a result of the relationships described in
paragraph (b)(14) below.
(15) HM3/Capstar may be deemed to beneficially own in the
aggregate 30,198,013 shares of the Common Stock of the Company,
representing approximately 14.4% 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 30,198,013 shares as a result of the
relationships described in paragraph (b)(15) below.
(16) BT Partners may be deemed to beneficially own in the
aggregate 2,536,822 shares of the Common Stock of the Company,
representing approximately 1.2% of the outstanding shares of Common
Stock. Of such shares, BT Partners has sole voting and dispositive
power with respect to no shares, and shared voting and dispositive
power with respect to 2,536,822 shares as a result of the
relationships described in paragraph (b)(16) below.
(17) Boston Partners may be deemed to beneficially own in the
aggregate 135,136 shares of the Common Stock of the Company,
representing approximately 0.1% 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 135,136 shares as a result of the relationships
described in paragraph (b)(17) below.
(18) HM3/Partners may be deemed to beneficially own in the
aggregate 2,671,958 shares of the Common Stock of the Company,
representing approximately 1.3% 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 2,671,958 shares as a result of the
relationships described in paragraph (b)(18) below.
(19) GP Partners III may be deemed to beneficially own in the
aggregate 2,671,958 shares of the Common Stock of the Company,
representing approximately 1.3% 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 2,671,958 shares as a result of the
relationships described in paragraph (b)(19) below.
(20) Fund III Incorporated may be deemed to beneficially own in
the aggregate 2,671,958 shares of the Common Stock of the Company,
representing approximately 1.3% 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 2,671,958 shares as a result of the
relationships described in paragraph (b)(20) below.
Page 25
<PAGE> 26
(b)
(1) Of the 4,038,139 shares of Common Stock for which Mr. Hicks
has sole voting and dispositive power, 3,606,608 shares are held of
record by Mr. Hicks, 322,630 shares are held of record by Mr. Hicks as
the trustee of certain trusts for the benefit of Mr. Hicks' children,
and 108,901 shares are held of record by a private foundation
controlled by Mr. Hicks. Of the 56,962,861 shares of Common Stock for
which Mr. Hicks has shared voting and dispositive power, 23,293 shares
are owned by Mr. Hicks of record as the co-trustee of a trust for the
benefit of unrelated parties, 58,749 shares are owned of record by a
limited partnership of which the general partner is a limited
liability company of which Mr. Hicks is the sole member, and
56,880,819 of such shares are owned of record as follows: 13,127,402
shares of Common Stock are owned of record by HM2/Chancellor;
2,155,514 shares of Common Stock are owned of record by HM2/HMW;
14,932 shares of Common Stock are owned of record by HM Fund II;
8,713,000 shares of Common Stock are owned of record by a nominee on
behalf of HM4; 30,198,013 shares are held of record by Capstar
Partners; 2,536,822 shares of Common Stock are owned of record by BT
Partners; and 135,136 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 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 and, therefore, may be
deemed to be the beneficial owner of the shares beneficially owned by
HM4. 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.
Page 26
<PAGE> 27
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 the 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 13,127,402 shares of Common Stock for which
HM2/Chancellor has shared voting and dispositive power, 13,127,402 of
such shares are held of record by HM2/Chancellor.
(3) Of the 13,127,402 shares of Common Stock for which
HM2/Chancellor GP has shared voting and dispositive power, none of
such shares are held of record by HM2/Chancellor GP, and 13,127,402 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 13,127,402 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
13,127,402 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 2,155,514 shares of Common Stock for which HM2/HMW has
shared voting and dispositive power, 2,155,514 of such shares are held
of record by HM2/HMW.
(6) Of the 2,170,446 shares of Common Stock for which HM Fund II
has shared voting and dispositive power, 14,932 of such shares are
held of record by HM Fund II, and 2,155,514 of such shares are held of
record by HM2/HMW. HM Fund II is the general partner of HM2/HMW and,
Page 27
<PAGE> 28
therefore, may be deemed to be the beneficial owner of the shares held
of record by HM2/HMW.
(7) [Intentionally omitted.]
(8) Of the 2,170,446 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 2,170,446 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.
(9) Of the 2,170,446 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 2,170,446 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.
(10) Of the 2,170,446 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.
(11) Of the 8,713,000 shares of Common Stock for which HM4 has
shared voting and dispositive power, 8,713,000 of such shares are
beneficially owned by HM4.
(12) Of the 8,713,000 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 8,713,000 of such shares are beneficially
owned by HM4. HM Fund IV is the general partner of HM4 and, therefore,
may be deemed to be the beneficial owner of the shares beneficially
owned by HM4.
(13) Of the 30,198,013 shares of Common Stock for which Capstar
Partners has shared voting and dispositive power, 30,198,013 of such
shares are held of record by Capstar Partners.
(14) Of the 30,198,013 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 30,198,013
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.
Page 28
<PAGE> 29
(15) Of the 30,198,013 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 30,198,013 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.
(16) Of the 2,536,822 shares of Common Stock for which BT
Partners has shared voting and dispositive power, 2,536,822 of such
shares are held of record by BT Partners.
(17) Of the 135,136 shares of Common Stock for which Boston
Partners has shared voting and dispositive power, 135,136 of such
shares are held of record by Boston Partners.
(18) Of the 2,671,958 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, 2,536,822 of such shares
are held of record by BT Partners, and 135,136 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.
(19) Of the 2,671,958 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 2,671,958 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.
(20) Of the 2,671,958 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 2,671,958 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.
Each of the Filing Parties expressly disclaims (i) the existence of
any group and (ii) beneficial ownership with respect to any shares of
Common Stock covered by this Amendment No. 5 to 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 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
Page 29
<PAGE> 30
proceeds may be distributed with respect to numerous general and limited
partnership or membership interests.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
99.1 Joint Filing Agreement dated September 14, 1999 among Thomas O.
Hicks, HM2/Chancellor, L.P., HM2/Chancellor GP, L.P.,
HM2/Chancellor Holdings, Inc., HM2/HMW, L.P., Hicks, Muse, Tate
& Furst Equity Fund II, L.P., HM2/GP Partners, L.P., Hicks,
Muse GP Partners, L.P., Hicks, Muse Fund II Incorporated, HM4
Chancellor, L.P., Hicks, Muse Fund IV LLC, Capstar Broadcasting
Partners, L.P., HM3/Capstar Partners, L.P., HM3/Capstar, Inc.,
Capstar BT Partners, L.P., Capstar Boston Partners, L.L.C.,
HM3/GP Partners, L.P., Hicks, Muse GP Partners III, L.P., and
Hicks, Muse Fund III Incorporated.*
---------------
*Filed herewith.
Page 30
<PAGE> 31
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.
September 14, 1999 By: *
- ------------------------- ------------------------------------------
Date Name: Thomas O. Hicks
*By: /s/ David W. Knickel
----------------------------------------
David W. Knickel
Attorney-in-Fact
Page 31
<PAGE> 32
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.
September 14, 1999 HICKS, MUSE FUND II INCORPORATED
- -------------------------
Date
By: /s/ David W. Knickel
----------------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer and
Secretary
Page 32
<PAGE> 33
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.
September 14, 1999 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 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.
September 14, 1999 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 34
<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.
September 14, 1999 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 35
<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.
September 14, 1999 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 36
<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.
September 14, 1999 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 37
<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.
September 14, 1999 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 38
<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.
September 14, 1999 HM2/CHANCELLOR HOLDINGS, INC.
- ---------------------------
Date
By: /s/ David W. Knickel
-----------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
Page 39
<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.
September 14, 1999 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 40
<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.
September 14, 1999 HICKS, MUSE FUND IV LLC
- -------------------------
Date
By: /s/ David W. Knickel
--------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
Page 41
<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.
September 14, 1999 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 42
<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.
September 14, 1999 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
43
<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.
September 14, 1999 HM3/CAPSTAR, INC.
- -------------------------
Date
By: /s/ David W. Knickel
-----------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
Page 44
<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.
September 14, 1999 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 45
<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.
September 14, 1999 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 46
<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.
September 14, 1999 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 47
<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.
September 14, 1999 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 48
<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.
September 14, 1999 HICKS, MUSE FUND III INCORPORATED
- -----------------------------
Date
By: /s/ David W. Knickel
--------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
Page 49
<PAGE> 50
EXHIBIT INDEX
<TABLE>
<CAPTION>
EXHIBIT
NUMBER DESCRIPTION
- ------- -----------
<S> <C>
99.1 Joint Filing Agreement dated September 14, 1999 among Thomas O.
Hicks, HM2/Chancellor, L.P., HM2/Chancellor GP, L.P.,
HM2/Chancellor Holdings, Inc., HM2/HMW, L.P., Hicks, Muse, Tate &
Furst Equity Fund II, L.P., HM2/GP Partners, L.P., Hicks, Muse GP
Partners, L.P., Hicks, Muse Fund II Incorporated, HM4 Chancellor,
L.P., Hicks, Muse Fund IV LLC, Capstar Broadcasting Partners,
L.P., HM3/Capstar Partners, L.P., HM3/Capstar, Inc., Capstar BT
Partners, L.P., Capstar Boston Partners, L.L.C., HM3/GP Partners,
L.P., Hicks, Muse GP Partners III, L.P., and Hicks, Muse Fund III
Incorporated.*
</TABLE>
- -------------
*Filed herewith.
<PAGE> 1
EXHIBIT 99.1
JOINT FILING AGREEMENT
The undersigned, and each of them, do hereby agree and consent to the
filing of a single statement on behalf of all of them on Schedule 13D and
amendments thereto, in accordance with the provisions of Rule 13d-1(f)(1) under
the Securities Exchange Act of 1934, as amended.
September 14, 1999 *
- ------------------------- -------------------------------------------
Date Thomas O. Hicks
*By: /s/ David W. Knickel
--------------------------------------
David W. Knickel,
Attorney-in-Fact
HICKS, MUSE FUND II INCORPORATED
By: /s/ David W. Knickel
--------------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer and
Secretary
HICKS, MUSE GP PARTNERS, L.P.
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 99-1
<PAGE> 2
HM2/GP PARTNERS, L.P.
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
HICKS, MUSE, TATE & FURST EQUITY
FUND II, L.P.
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 99-2
<PAGE> 3
HM2/HMW, L.P.
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
HM2/CHANCELLOR, L.P.
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 99-3
<PAGE> 4
HM2/CHANCELLOR GP, L.P.
By: HM2/CHANCELLOR HOLDINGS, INC., its
general partner
By: /s/ David W. Knickel
-----------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
HM2/CHANCELLOR HOLDINGS, INC.
By: /s/ David W. Knickel
---------------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer and
Secretary
HM4 CHANCELLOR, L.P.
By: HICKS, MUSE FUND IV LLC, its general
partner
By: /s/ David W. Knickel
-----------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
HICKS, MUSE FUND IV LLC
By: /s/ David W. Knickel
---------------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer and
Secretary
Page 99-4
<PAGE> 5
CAPSTAR BROADCASTING PARTNERS, L.P.
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
HM3/CAPSTAR PARTNERS, L.P.
By: HM3/CAPSTAR, INC., its general partner
By: /s/ David W. Knickel
-----------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
HM3/CAPSTAR, INC.
By: /s/ David W. Knickel
---------------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer and
Secretary
Page 99-5
<PAGE> 6
CAPSTAR BT PARTNERS, L.P.
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
CAPSTAR BOSTON PARTNERS, L.L.C.
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
HM3/GP PARTNERS, L.P.
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 99-6
<PAGE> 7
HICKS, MUSE GP PARTNERS III, L.P.
By: HICKS, MUSE FUND III INCORPORATED, its
general partner
By: /s/ David W. Knickel
-----------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
HICKS, MUSE FUND III INCORPORATED
By: /s/ David W. Knickel
-----------------------------------
Name: David W. Knickel
Title: Vice President, Treasurer
and Secretary
Page 99-7
