SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------------------
SCHEDULE 13D
(RULE 13D-101)
Under the Securities Exchange Act of 1934
(AMENDMENT NO. 4)
CHANCELLOR MEDIA CORPORATION
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE
- --------------------------------------------------------------------------------
(Title of Class of Securities)
158915 10 8
- --------------------------------------------------------------------------------
(CUSIP Number)
Thomas O. Hicks
200 Crescent Court, Suite 1600
Dallas, Texas 75201
(214) 740-7300
- --------------------------------------------------------------------------------
(Name, address and telephone number of person
authorized to receive notices and communications)
April 8, 1999
- --------------------------------------------------------------------------------
(Date of event which requires filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), (f) or (g), check the following box. [ ]
DA1:\165274\04\3J$Y04!.DOC\34982.0001
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------- -------------------------------------------------
CUSIP No. 158915 10 8 13D Page 2
- ------------------------------------------------- -------------------------------------------------
- --------- -------------------------------------------------------------------------------------------------------------
<S> <C>
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 1,625,705
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
------- ------------------------------------------------------------------
8 SHARED VOTING POWER
23,761,666
------- ------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
1,625,705
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
23,761,666
- --------- -------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,387,371
- --------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
- --------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
17.7%
- --------- -------------------------------------------------------------------------------------------------------------
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>
- ------------------------------------------------- -------------------------------------------------
CUSIP No. 158915 10 8 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
EACH
REPORTING
PERSON
WITH
------- ------------------------------------------------------------------
8 SHARED VOTING POWER
13,127,402
------- ------------------------------------------------------------------
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
9.2%
- --------- -------------------------------------------------------------------------------------------------------------
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>
- ------------------------------------------------- -------------------------------------------------
CUSIP No. 158915 10 8 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
EACH
REPORTING
PERSON
WITH
------- ------------------------------------------------------------------
8 SHARED VOTING POWER
13,127,402
------- ------------------------------------------------------------------
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
9.2%
- --------- -------------------------------------------------------------------------------------------------------------
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>
- ------------------------------------------------- -------------------------------------------------
CUSIP No. 158915 10 8 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
EACH
REPORTING
PERSON
WITH
------- ------------------------------------------------------------------
8 SHARED VOTING POWER
13,127,402
------- ------------------------------------------------------------------
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
9.2%
- --------- -------------------------------------------------------------------------------------------------------------
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>
- ------------------------------------------------- -------------------------------------------------
CUSIP No. 158915 10 8 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
EACH
REPORTING
PERSON
WITH
------- ------------------------------------------------------------------
8 SHARED VOTING POWER
2,155,514
------- ------------------------------------------------------------------
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
1.5%
- --------- -------------------------------------------------------------------------------------------------------------
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>
- ------------------------------------------------- -------------------------------------------------
CUSIP No. 158915 10 8 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
EACH
REPORTING
PERSON
WITH
------- ------------------------------------------------------------------
8 SHARED VOTING POWER
2,170,448
------- ------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,170,448
- --------- -------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,170,448
- --------- -------------------------------------------------------------------------------------------------------------
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
- --------- -------------------------------------------------------------------------------------------------------------
* 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>
- ------------------------------------------------- -------------------------------------------------
CUSIP No. 158915 10 8 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
EACH
REPORTING
PERSON
WITH
------- ------------------------------------------------------------------
8 SHARED VOTING POWER
2,170,448
------- ------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,170,448
- --------- -------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,170,448
- --------- -------------------------------------------------------------------------------------------------------------
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
- --------- -------------------------------------------------------------------------------------------------------------
* 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>
- ------------------------------------------------- -------------------------------------------------
CUSIP No. 158915 10 8 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
EACH
REPORTING
PERSON
WITH
------- ------------------------------------------------------------------
8 SHARED VOTING POWER
2,170,448
------- ------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,170,448
- --------- -------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,170,448
- --------- -------------------------------------------------------------------------------------------------------------
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
- --------- -------------------------------------------------------------------------------------------------------------
* 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>
- ------------------------------------------------- -------------------------------------------------
CUSIP No. 158915 10 8 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
EACH
REPORTING
PERSON
WITH
------- ------------------------------------------------------------------
8 SHARED VOTING POWER
2,170,448
------- ------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,170,448
- --------- -------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,170,448
- --------- -------------------------------------------------------------------------------------------------------------
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
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>
- ------------------------------------------------- -------------------------------------------------
CUSIP No. 158915 10 8 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
BK
- --------- -------------------------------------------------------------------------------------------------------------
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
EACH
REPORTING
PERSON
WITH
------- ------------------------------------------------------------------
8 SHARED VOTING POWER
8,443,000
------- ------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
8,443,000
- --------- -------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,443,000
- --------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
- --------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
5.9%
- --------- -------------------------------------------------------------------------------------------------------------
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>
- ------------------------------------------------- -------------------------------------------------
CUSIP No. 158915 10 8 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
EACH
REPORTING
PERSON
WITH
------- ------------------------------------------------------------------
8 SHARED VOTING POWER
8,443,000
------- ------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
------- ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
8,443,000
- --------- -------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,443,000
- --------- -------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES [ ]
- --------- -------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
5.9%
- --------- -------------------------------------------------------------------------------------------------------------
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.
</TABLE>
<PAGE>
This Amendment No. 4 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, and as further amended by Amendment
No. 3 filed on March 24, 1999 ("Amendment No. 3"), 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 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"); and Hicks, Muse Fund IV
LLC, a Texas limited liability company ("HM Fund IV").
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The following list of purchases supplements those purchases set
forth in Amendment No. 3.
Page 13
<PAGE>
On March 23, 1999, HM4 purchased an aggregate of 258,000 shares
of Common Stock of the Company in the following transactions:
No. of Price
Shares Per Share
------ ---------
25,000 $41-3/8
25,000 $41-1/4
20,000 $41-3/16
5,000 $41
140,500 $40-15/16
42,500 $40-13/16
On March 29, 1999, HM4 purchased an aggregate of 500,000 shares
of Common Stock of the Company in the following transactions:
No. of Price
Shares Per Share
------ ---------
12,500 $46-3/16
112,500 $46-1/4
50,000 $46-3/8
120,000 $46-1/2
72,500 $46-7/16
130,000 $46-3/4
2,500 $46-5/8
On March 30, 1999, HM4 purchased an aggregate of 500,000 shares
of Common Stock of the Company in the following transactions:
No. of Price
Shares Per Share
------ ---------
230,000 $46-1/8
30,000 $46-1/16
15,000 $46
225,000 $46-1/4
On April 6, 1999, HM4 purchased 150,000 shares of Common Stock
of the Company at a price of $46-3/4 per share.
On April 7, 1999, HM4 purchased 12,500 shares of Common Stock of
the Company at a price of $46-7/8 per share.
On April 8, 1999, HM4 purchased 100,000 shares of Common Stock
of the Company at a price of $46-3/4 per share.
On April 9, 1999, HM4 purchased 210,000 shares of Common Stock
of the Company at a price of $46-3/4 per share.
Page 14
<PAGE>
All of the purchases described in this Item 3 were effected by
HM4 for its own account on The Nasdaq Stock Market's National Market in
brokers' transactions.
The source of funds for the purchase of certain of such shares
was a portion of a $500 million line of credit facility from Bankers Trust
Company ("Bankers Trust"). Bankers Trust provided the line of credit
facility for the sole purpose of providing interim financing to enable HM4
to purchase such shares prior to the receipt by HM4 of additional capital
contributions from its partners. HM4 repaid the outstanding borrowings under
the line of credit facility on March 25, 1999, and funded the remaining
purchases described herein, with capital contributions from its partners.
The terms of the line of credit facility are set forth in the Line Letter
and Eurodollar Base Rate Promissory Note attached hereto as Exhibits 10.1
and 10.2, respectively, and are incorporated herein by reference.
ITEM 4. PURPOSE OF TRANSACTION
The shares of Common Stock purchased by HM4 described in Item 3
to this Amendment No. 4 to Schedule 13D were purchased to implement HM4's
plan to obtain a substantial interest in the Company 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 17.7% of the
outstanding shares of Common Stock of the Company.
On March 15, 1999, Hicks, Muse, Tate & Furst Incorporated, an
affiliate of the Filing Parties, announced that certain of its affiliates
may purchase up to $500 million in additional shares of Common Stock of the
Company in open market transactions commencing immediately. The timing of
any such purchases, the duration of the purchase period and the actual
number of shares to be purchased will depend on market conditions.
In addition to the foregoing, the Company has (i) recently
announced the termination of its merger agreement with Ranger Equity
Holdings Corporation (indirect parent to LIN Television Corporation), in
which affiliates of the Filing Parties own a substantial equity interest,
and (ii) a pending agreement relating to the merger of Capstar Broadcasting
Corporation ("Capstar") into a subsidiary of the Company. Certain of the
Filing Parties and their affiliates own substantial equity interests in
Capstar. Assuming the consummation of the Capstar merger transaction,
certain of the Filing Parties and their affiliates will receive additional
shares of Common Stock of the Company. The Capstar transaction is subject to
various conditions, including regulatory and stockholder approvals and,
accordingly, there can be no assurances that such transaction will be
consummated.
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
25,387,371 shares of the Common Stock of the Company,
representing approximately 17.7% of the outstanding shares of
Page 15
<PAGE>
Common Stock. Of such shares, Mr. Hicks has sole voting and
dispositive power with respect to 1,625,705 shares, and shared
voting and dispositive power with respect to 23,761,666 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 9.2% 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 9.2% 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 9.2% 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 1.5% 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 2,170,448 shares of the Common Stock of the
Company, representing approximately 1.5% 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 2,170,448
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 2,170,448 shares of the Common Stock of the
Company, representing approximately 1.5% of the outstanding
Page 16
<PAGE>
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 2,170,448
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 2,170,448 shares of the Common
Stock of the Company, representing approximately 1.5% 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 2,170,448 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 2,170,448 shares of the Common
Stock of the Company, representing approximately 1.5% 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 2,170,448 shares as a result of the relationships
described in paragraph (b)(10) below.
(11) HM4 may be deemed to beneficially own in the
aggregate 8,443,000 shares of the Common Stock of the Company,
representing approximately 5.9% 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 8,443,000 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 8,443,000 shares of the Common Stock of the
Company, representing approximately 5.9% 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 8,443,000
shares as a result of the relationships described in paragraph
(b)(12) below.
(b)
(1) Of the 1,625,705 shares of Common Stock for
which Mr. Hicks has sole voting and dispositive power, 1,278,969
shares are held of record by Mr. Hicks, and 346,736 shares are
held of record by Mr. Hicks as the trustee of certain trusts for
the benefit of Mr. Hicks' children. Of the 23,761,666 shares of
Common Stock for which Mr. Hicks has shared voting and
dispositive power, 20,816 shares are owned by Mr. Hicks of
record as the co-trustee of a trust for the benefit of unrelated
parties, and 23,740,850 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; 14,934 shares of Common Stock are owned of
Page 17
<PAGE>
record by HM Fund II; and 8,443,000 shares of Common Stock are
owned of record by a nominee on behalf of HM4.
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.
(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
Page 18
<PAGE>
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 2,170,448 shares of Common Stock for
which HM Fund II has shared voting and dispositive power, 14,934
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, therefore, may be deemed to be
the beneficial owner of the shares held of record by HM2/HMW.
(7) [Intentionally omitted.]
(8) Of the 2,170,448 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
2,170,448 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 2,170,448 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 2,170,448 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 2,170,448 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 2,170,448 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 8,443,000 shares of Common Stock for
which HM4 has shared voting and dispositive power, 8,443,000 of
such shares are beneficially owned by HM4.
(12) Of the 8,443,000 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 8,443,000
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.
Page 19
<PAGE>
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. 4 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 and HM Fund II and beneficially owned by HM4 described in paragraphs
(a) and (b) above is governed by the limited partnership agreements of each
of such entities, and such dividends or proceeds may be distributed with
respect to numerous general and limited partnership interests.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
10.1 Line Letter dated March 19, 1999 between Bankers
Trust Company and HM4 Chancellor, L.P.*
10.2 Eurodollar Rate Promissory Note dated March 19, 1999,
in the original principal amount of $500,000,000,
executed by HM4 Chancellor, L.P., and payable to
Bankers Trust Company.*
99.1 Joint Filing Agreement dated March 23, 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. and Hicks, Muse Fund IV LLC.*
99.2 Press Release of Chancellor Media Corporation dated
March 15, 1999.**
-----------------------
*Incorporated by reference to Amendment No. 3 to Schedule 13D
filed on behalf of the Filing Parties on March 24, 1999.
**Incorporated by reference to Exhibit 99.1 of the Current
Report on Form 8-K filed on March 15, 1999 by Chancellor Media
Corporation.
Page 20
<PAGE>
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.
April 15, 1999 By: *
-------------- ------------------------------------
Date Name: Thomas O. Hicks
*By: /s/ Michael D. Salim
------------------------------------
Michael D. Salim
Attorney-in-Fact
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<PAGE>
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.
April 15, 1999 HICKS, MUSE FUND II INCORPORATED
--------------
Date
By: /s/ Michael D. Salim
-------------------------------
Name: Michael D. Salim
Title: Chief Financial and
Administrative Officer
Page 22
<PAGE>
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.
April 15, 1999 HICKS, MUSE GP PARTNERS, L.P.
--------------
Date By: HICKS, MUSE FUND II INCORPORATED,
its general partner
By: /s/ Michael D. Salim
-------------------------------
Name: Michael D. Salim
Title: Chief Financial and
Administrative Officer
Page 23
<PAGE>
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.
April 15, 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/ Michael D. Salim
-------------------------------
Name: Michael D. Salim
Title: Chief Financial and
Administrative Officer
Page 24
<PAGE>
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.
April 15, 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/ Michael D. Salim
-------------------------------
Name: Michael D. Salim
Title: Chief Financial and
Administrative Officer
Page 25
<PAGE>
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.
April 15, 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/ Michael D. Salim
-------------------------------
Name: Michael D. Salim
Title: Chief Financial and
Administrative Officer
Page 26
<PAGE>
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.
April 15, 1999 HM2/CHANCELLOR, L.P.
--------------
Date
By: HM2/CHANCELLOR GP, L.P., its general
partner
By: HM2/CHANCELLOR HOLDINGS, INC.,
its general partner
By: *
--------------------------------
Name: Thomas O. Hicks
Title: President
*By: /s/ Michael D. Salim
--------------------------------
Michael D. Salim,
Attorney-in-Fact
Page 27
<PAGE>
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.
April 15, 1999 HM2/CHANCELLOR GP, L.P.
--------------
Date
By: HM2/CHANCELLOR HOLDINGS, INC.,
its general partner
By: *
-------------------------------
Name: Thomas O. Hicks
Title: President
*By: /s/ Michael D. Salim
-------------------------------
Michael D. Salim,
Attorney-in-Fact
Page 28
<PAGE>
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.
April 15, 1999 HM2/CHANCELLOR HOLDINGS, INC.
--------------
Date By: *
-----------------------------------
Name: Thomas O. Hicks
Title: President
*By: /s/ Michael D. Salim
-----------------------------------
Michael D. Salim,
Attorney-in-Fact
Page 29
<PAGE>
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.
April 15, 1999 HM4 CHANCELLOR, L.P.
--------------
Date By: HICKS, MUSE FUND IV LLC, its
general partner
By: /s/ Michael D. Salim
--------------------------------
Name: Michael D. Salim
Title: Chief Financial and
Administrative Officer
Page 30
<PAGE>
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.
April 15, 1999 HICKS, MUSE FUND IV LLC
--------------
Date By: /s/ Michael D. Salim
----------------------------------
Name: Michael D. Salim
Title: Chief Financial and
Administrative Officer
Page 31
<PAGE>
EXHIBIT INDEX
10.1 Line Letter dated March 19, 1999 between Bankers
Trust Company and HM4 Chancellor, L.P.*
10.2 Eurodollar Rate Promissory Note dated March 19, 1999,
in the original principal amount of $500,000,000,
executed by HM4 Chancellor, L.P., and payable to
Bankers Trust Company.*
99.1 Joint Filing Agreement dated March 23, 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. and Hicks, Muse Fund IV LLC.*
99.2 Press Release of Chancellor Media Corporation dated
March 15, 1999.**
-----------------------
*Incorporated by reference to Amendment No. 3 to Schedule 13D
filed on behalf of the Filing Parties on March 24, 1999.
**Incorporated by reference to Exhibit 99.1 of the Current
Report on Form 8-K filed on March 15, 1999 by Chancellor Media
Corporation.
Page 99-32