SEC Filings

Form 424B3
AMERICAN TOWER CORP /MA/ filed this Form 424B3 on 02/18/1998
Document Outline
Entire Document (1591.2 KB)
Subdocument 1 - 424B3 - FORM 424(B)(3)
Page 1 - N/A
Page 2 - N/A
Page 3 - PROSPECTUS
Page 4 - AVAILABLE INFORMATION
Page 5 - FORWARD-LOOKING STATEMENTS
Page 6 - TABLE OF CONTENTS
Page 7 - N/A
Page 8 - SUMMARY
Page 9 - N/A
Page 10 - N/A
Page 11 - N/A
Page 12 - N/A
Page 13 - N/A
Page 14 - AMERICAN TOWER CORPORATION
Page 15 - THE MERGER AND TOWER SEPARATION
Page 16 - N/A
Page 17 - N/A
Page 18 - N/A
Page 19 - THE ATC MERGER
Page 20 - RISK FACTORS
Page 21 - COMPARATIVE PER SHARE MARKET PRICE INFORMATION
Page 22 - AMERICAN TOWER SYSTEMS SELECTED FINANCIAL DATA
Page 23 - BALANCE SHEET DATA:
Page 24 - N/A
Page 25 - AMERICAN RADIO SELECTED COMBINED FINANCIAL DATA
Page 26 - STATEMENT OF
Page 27 - BALANCE SHEET DATA:
Page 28 - RISK FACTORS
Page 29 - ABSENCE OF OPINION ON TOWER SEPARATION
Page 30 - RISK FACTORS RELATING TO AMERICAN TOWER SYSTEMS
Page 31 - SUBSTANTIAL CAPITAL REQUIREMENTS AND LEVERAGE
Page 32 - DEPENDENCE ON KEY PERSONNEL
Page 33 - NO PRIOR MARKET FOR ATS COMMON STOCK
Page 34 - MARKET PRICES AND DIVIDEND POLICY
Page 35 - AMERICAN TOWER SYSTEMS CAPITALIZATION
Page 36 - N/A
Page 37 - N/A
Page 38 - AMERICAN TOWER SYSTEMS CORPORATION
Page 39 - NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED BALANCE SHEET
Page 40 - N/A
Page 41 - AMERICAN TOWER SYSTEMS CORPORATION
Page 42 - N/A
Page 43 - N/A
Page 44 - AMERICAN TOWER SYSTEMS CORPORATION
Page 45 - NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
Page 46 - N/A
Page 47 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
Page 48 - N/A
Page 49 - N/A
Page 50 - LIQUIDITY AND CAPITAL RESOURCES
Page 51 - N/A
Page 52 - N/A
Page 53 - YEAR 2000
Page 54 - INDUSTRY OVERVIEW
Page 55 - N/A
Page 56 - N/A
Page 57 - BUSINESS OF AMERICAN TOWER SYSTEMS
Page 58 - GROWTH STRATEGY
Page 59 - PRODUCTS AND SERVICES
Page 60 - N/A
Page 61 - N/A
Page 62 - MANAGEMENT ORGANIZATION
Page 63 - N/A
Page 64 - SALES AND MARKETING
Page 65 - ENVIRONMENTAL MATTERS
Page 66 - LEGAL PROCEEDINGS
Page 67 - MANAGEMENT OF AMERICAN TOWER SYSTEMS
Page 68 - N/A
Page 69 - EXECUTIVE COMPENSATION
Page 70 - DIRECTOR COMPENSATION
Page 71 - N/A
Page 72 - N/A
Page 73 - PRINCIPAL STOCKHOLDERS OF AMERICAN TOWER SYSTEMS
Page 74 - N/A
Page 75 - N/A
Page 76 - N/A
Page 77 - THE ATC MERGER
Page 78 - N/A
Page 79 - N/A
Page 80 - N/A
Page 81 - CERTAIN FEDERAL INCOME TAX CONSEQUENCES OF ATC MERGER
Page 82 - N/A
Page 83 - N/A
Page 84 - STOCKHOLDER APPROVAL AND THE SOLICITATION OF WRITTEN CONSENTS OF STOCKHOLDERS
Page 85 - SECTION 262 IS REPRINTED IN ITS ENTIRETY AS APPENDIX IV TO THIS PROSPECTUS.
Page 86 - Section 262. Within one hundred and twenty (120) days after the ATC Merger
Page 87 - N/A
Page 88 - BACKGROUND OF THE MERGER
Page 89 - N/A
Page 90 - N/A
Page 91 - N/A
Page 92 - N/A
Page 93 - OPINION OF FINANCIAL ADVISOR TO AMERICAN RADIO
Page 94 - N/A
Page 95 - N/A
Page 96 - N/A
Page 97 - THE MERGER AND TOWER SEPARATION
Page 98 - CONVERSION OF SECURITIES
Page 99 - CERTAIN FEDERAL INCOME TAX CONSEQUENCES OF MERGER AND TOWER MERGER
Page 100 - section 318 of the Code, and in addition, a redemption that is part of a firm
Page 101 - REASONS FOR THE TOWER SEPARATION
Page 102 - TOWER MERGER
Page 103 - CERTIFICATE OF INCORPORATION AND BY-LAWS
Page 104 - DIRECTORS AND OFFICERS
Page 105 - Section 6.10(i) of the Merger Agreement (i.e., conduct its business in the
Page 106 - CLOSING DATE ADJUSTMENTS
Page 107 - Section 6.17(c) of the Merger Agreement, and any increase or decrease in
Page 108 - LEASE ARRANGEMENTS
Page 109 - CERTAIN OTHER COVENANTS
Page 110 - N/A
Page 111 - N/A
Page 112 - N/A
Page 113 - N/A
Page 114 - N/A
Page 115 - N/A
Page 116 - CONDITIONS TO THE MERGER
Page 117 - N/A
Page 118 - TERMINATION
Page 119 - AMENDMENT
Page 120 - REGULATORY MATTERS
Page 121 - N/A
Page 122 - N/A
Page 123 - OTHER CONSENTS
Page 124 - EXPENSES
Page 125 - DESCRIPTION OF AMERICAN TOWER SYSTEMS CAPITAL STOCK
Page 126 - DIVIDEND RESTRICTIONS
Page 127 - DELAWARE BUSINESS COMBINATION PROVISIONS
Page 128 - COMPARISON OF RIGHTS OF STOCKHOLDERS OF ATS AND ATC
Page 129 - OTHER STOCKHOLDER RIGHTS
Page 130 - N/A
Page 131 - EXISTING ATC SECURITYHOLDERS AGREEMENT
Page 132 - SHARES ELIGIBLE FOR FUTURE SALE
Page 133 - VALIDITY OF THE SHARES
Page 134 - N/A
Page 135 - DEFINITION CROSS REFERENCE SHEET
Page 136 - N/A
Page 137 - N/A
Page 138 - INDEX TO FINANCIAL STATEMENTS
Page 139 - N/A
Page 140 - INDEPENDENT AUDITORS' REPORT
Page 141 - CONSOLIDATED BALANCE SHEETS
Page 142 - CONSOLIDATED STATEMENTS OF OPERATIONS
Page 143 - AMERICAN TOWER SYSTEMS CORPORATION AND SUBSIDIARIES
Page 144 - CONSOLIDATED STATEMENTS OF CASH FLOWS
Page 145 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Page 146 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 147 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 148 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 149 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 150 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 151 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 152 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 153 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 154 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 155 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 156 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 157 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 158 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 159 - REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
Page 160 - COMBINED STATEMENTS OF NET ASSETS TO BE SOLD
Page 161 - COMBINED STATEMENTS OF INCOME DERIVED FROM NET ASSETS TO BE SOLD
Page 162 - COMBINED STATEMENTS OF CASH FLOWS DERIVED FROM NET ASSETS TO BE SOLD
Page 163 - NOTES TO COMBINED FINANCIAL STATEMENTS
Page 164 - N/A
Page 165 - NOTE B--SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Page 166 - NOTE E--INTANGIBLE ASSETS
Page 167 - NOTE G--LESSOR OPERATING LEASES
Page 168 - NOTE I--EMPLOYEE HEALTH BENEFIT PLAN
Page 169 - INDEPENDENT AUDITORS' REPORT
Page 170 - BALANCE SHEETS
Page 171 - STATEMENTS OF INCOME
Page 172 - STATEMENTS OF STOCKHOLDERS' EQUITY
Page 173 - STATEMENTS OF CASH FLOWS
Page 174 - NOTES TO FINANCIAL STATEMENTS
Page 175 - NOTES TO FINANCIAL STATEMENTS--(CONTINUED)
Page 176 - NOTES TO FINANCIAL STATEMENTS--(CONTINUED)
Page 177 - NOTES TO FINANCIAL STATEMENTS--(CONTINUED)
Page 178 - INDEPENDENT AUDITORS' REPORT
Page 179 - BALANCE SHEETS
Page 180 - STATEMENT OF OPERATIONS
Page 181 - STATEMENT OF STOCKHOLDERS' EQUITY
Page 182 - STATEMENT OF CASH FLOWS
Page 183 - NOTES TO FINANCIAL STATEMENTS
Page 184 - NOTES TO FINANCIAL STATEMENTS--(CONTINUED)
Page 185 - NOTES TO FINANCIAL STATEMENTS--(CONTINUED)
Page 186 - NOTES TO FINANCIAL STATEMENTS--(CONTINUED)
Page 187 - NOTES TO FINANCIAL STATEMENTS--(CONTINUED)
Page 188 - INDEPENDENT AUDITORS' REPORT
Page 189 - MERIDIAN COMMUNICATIONS
Page 190 - MERIDIAN COMMUNICATIONS
Page 191 - MERIDAN COMMUNICATIONS
Page 192 - MERIDIAN COMMUNICATIONS
Page 193 - MERIDIAN COMMUNICATIONS
Page 194 - MERIDIAN COMMUNICATIONS
Page 195 - MERIDIAN COMMUNICATIONS
Page 196 - MERIDIAN COMMUNICATIONS
Page 197 - MERIDIAN COMMUNICATIONS
Page 198 - REPORT OF INDEPENDENT AUDITORS
Page 199 - BALANCE SHEETS
Page 200 - STATEMENTS OF INCOME
Page 201 - TUCSON COMMUNICATIONS COMPANY
Page 202 - STATEMENTS OF CASH FLOWS
Page 203 - NOTES TO FINANCIAL STATEMENTS
Page 204 - NOTES TO FINANCIAL STATEMENTS--(CONTINUED)
Page 205 - NOTES TO FINANCIAL STATEMENTS--(CONTINUED)
Page 206 - INDEPENDENT AUDITORS' REPORT
Page 207 - BALANCE SHEETS
Page 208 - STATEMENTS OF INCOME
Page 209 - STATEMENTS OF STOCKHOLDER'S EQUITY
Page 210 - STATEMENTS OF CASH FLOWS
Page 211 - NOTES TO FINANCIAL STATEMENTS
Page 212 - NOTES TO FINANCIAL STATEMENTS--(CONTINUED)
Page 213 - NOTES TO FINANCIAL STATEMENTS--(CONTINUED)
Page 214 - NOTES TO FINANCIAL STATEMENTS--(CONTINUED)
Page 215 - INDEPENDENT AUDITORS' REPORT
Page 216 - CONSOLIDATED BALANCE SHEETS
Page 217 - CONSOLIDATED STATEMENTS OF OPERATIONS
Page 218 - AMERICAN TOWER CORPORATION AND SUBSIDIARIES
Page 219 - CONSOLIDATED STATEMENTS OF CASH FLOWS
Page 220 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Page 221 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 222 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 223 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 224 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 225 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 226 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 227 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 228 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 229 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 230 - NOTES TO CONSOLIDATED FINANCIAL STATEMENTS--(CONTINUED)
Page 231 - N/A
Page 232 - BUSINESS OF AMERICAN RADIO
Page 233 - N/A
Page 234 - N/A
Page 235 - AMERICAN RADIO SYSTEMS CORPORATION
Page 236 - NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED BALANCE SHEET
Page 237 - AMERICAN RADIO SYSTEMS CORPORATION
Page 238 - ARS PRO FORMA TRANSACTIONS
Page 239 - ATS PRO FORMA TRANSACTIONS
Page 240 - N/A
Page 241 - N/A
Page 242 - AMERICAN RADIO SYSTEMS CORPORATION
Page 243 - N/A
Page 244 - N/A
Page 245 - PRINCIPAL STOCKHOLDERS OF AMERICAN RADIO
Page 246 - N/A
Page 247 - N/A
Page 248 - N/A
Page 249 - N/A
Page 250 - AMENDED AND RESTATED AGREEMENT AND PLAN OF MERGER
Page 251 - TABLE OF CONTENTS
Page 252 - APPENDIX A: Definitions
Page 253 - AMENDED AND RESTATED AGREEMENT AND PLAN OF MERGER
Page 254 - Section 8.1 and subject to the satisfaction or, to the extent permitted by
Page 255 - N/A
Page 256 - N/A
Page 257 - N/A
Page 258 - N/A
Page 259 - ARTICLE 4
Page 260 - N/A
Page 261 - N/A
Page 262 - N/A
Page 263 - N/A
Page 264 - Section 341(f) of the Code. American has at all times been taxable as a
Page 265 - Section 1.1502-13, or any material excess loss account in a Subsidiary
Page 266 - Section 511 of the Code and each such Plan has been the subject of a
Page 267 - Section 162(m) of the Code;
Page 268 - N/A
Page 269 - N/A
Page 270 - N/A
Page 271 - ARTICLE 5
Page 272 - Section 5.2 of the Mergeparty Disclosure Schedule, it is not necessary for
Page 273 - N/A
Page 274 - N/A
Page 275 - N/A
Page 276 - N/A
Page 277 - N/A
Page 278 - N/A
Page 279 - N/A
Page 280 - N/A
Page 281 - N/A
Page 282 - N/A
Page 283 - N/A
Page 284 - N/A
Page 285 - Section 6.17(c) shall apply to all applicable Taxes whenever they shall
Page 286 - Section 401(k) Plan to be established by American Tower and, prior to the
Page 287 - N/A
Page 288 - N/A
Page 289 - N/A
Page 290 - ARTICLE 7
Page 291 - Section 4.3 of the American Disclosure Schedule, there shall not have
Page 292 - Section 8.1, or in the event the Merger shall not have become effective prior
Page 293 - ARTICLE 9
Page 294 - N/A
Page 295 - N/A
Page 296 - Section 9.3 of the Original Merger Agreement, this Agreement shall not amend
Page 297 - N/A
Page 298 - APPENDIX A
Page 299 - Section 6.5.
Page 300 - N/A
Page 301 - N/A
Page 302 - N/A
Page 303 - N/A
Page 304 - N/A
Page 305 - N/A
Page 306 - N/A
Page 307 - N/A
Page 308 - Section 3.5.
Page 309 - EXHIBIT D
Page 310 - N/A
Page 311 - TABLE OF CONTENTS
Page 312 - AGREEMENT AND PLAN OF MERGER
Page 313 - ARTICLE 2
Page 314 - N/A
Page 315 - Section 3.2(b) (such excess being herein called the "Excess Shares"). As soon
Page 316 - N/A
Page 317 - ARTICLE 4
Page 318 - ARTICLE 5
Page 319 - ARTICLE 6
Page 320 - ARTICLE 7
Page 321 - N/A
Page 322 - N/A
Page 323 - N/A
Page 324 - N/A
Page 325 - APPENDIX A
Page 326 - N/A
Page 327 - N/A
Page 328 - N/A
Page 329 - TO
Page 330 - N/A
Page 331 - Section 3 shall be deemed to form part of the covenants of American
Page 332 - N/A
Page 333 - N/A
Page 334 - N/A
Page 335 - N/A
Page 336 - N/A
Page 337 - N/A
Page 338 - SECTION 262 APPRAISAL RIGHTS
Page 339 - N/A
Page 340 - N/A
Page 341 - N/A
Page 342 - N/A
Page 343 - DESCRIPTION OF AMERICAN TOWER CORPORATION
Page 344 - PROPERTIES
Page 345 - SELECTED FINANCIAL DATA
Page 346 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF
Page 347 - RESULTS OF OPERATIONS
Page 348 - N/A
Page 349 - N/A
Page 350 - LIQUIDITY AND CAPITAL RESOURCES
Page 351 - N/A
Page 352 - PRINCIPAL STOCKHOLDERS OF AMERICAN TOWER CORPORATION
Page 353 - N/A
Page 354 - DELAWARE BUSINESS COMBINATION STATUTE
Page 355 - N/A
Page 356 - AGREEMENT AND PLAN OF MERGER
Page 357 - TABLE OF CONTENTS
Page 358 - N/A
Page 359 - APPENDIX A: Definitions
Page 360 - AGREEMENT AND PLAN OF MERGER
Page 361 - Section 8.1 and subject to the satisfaction or, to the extent permitted by
Page 362 - N/A
Page 363 - Section 3.2, the Preferred Stock Merger Consideration multiplied by the number
Page 364 - ARTICLE 4
Page 365 - Section 4.2 of the ATC Disclosure Schedule, and fairly present in all material
Page 366 - Section 4.4(a) of the ATC Disclosure Schedule, such real property (other
Page 367 - N/A
Page 368 - N/A
Page 369 - Section 162(m) of the Code;
Page 370 - Section 4.15 of the ATC Disclosure Schedule sets forth a true, correct and
Page 371 - Section 4.17 of the ATC Disclosure Schedule and except for matters affecting
Page 372 - N/A
Page 373 - ARTICLE 5
Page 374 - Section 5.2 of the ATS Disclosure Schedule, and fairly present in all material
Page 375 - N/A
Page 376 - N/A
Page 377 - N/A
Page 378 - Section 162(m) of the Code;
Page 379 - N/A
Page 380 - N/A
Page 381 - N/A
Page 382 - N/A
Page 383 - ARTICLE 6
Page 384 - Section 7.2(d). ATC will use its reasonable business efforts to ensure that
Page 385 - N/A
Page 386 - N/A
Page 387 - Section 6.6(l) of the ATS Disclosure Schedule. (ATC agrees not to
Page 388 - Section 6.7(d) of the ATC Disclosure Schedule, (B) Liens arising in
Page 389 - Section 6.7(l) of the ATC Disclosure Schedule. (ATS agrees not to
Page 390 - Section 6.9(a) may vary among the individual employees of ATC and its
Page 391 - N/A
Page 392 - N/A
Page 393 - N/A
Page 394 - Section 6.25.
Page 395 - Section 1445 of the Code and Section 1.1445-2(b) of the Treasury Regulations
Page 396 - Section 7.3(b) if, by adjusting the Exchange Ratio at Closing, the untruth
Page 397 - ARTICLE 8
Page 398 - Section 8.2(b), in the event of the termination of this Agreement pursuant
Page 399 - N/A
Page 400 - N/A
Page 401 - N/A
Page 402 - N/A
Page 403 - APPENDIX A
Page 404 - Section 4.6(a).
Page 405 - Section 5.6(a).
Page 406 - N/A
Page 407 - Section 7401 et seq.), the Toxic Substances Control Act (15 U.S.C. Section
Page 408 - N/A
Page 409 - N/A
Page 410 - N/A
Page 411 - Section 3.1(d).
Page 412 - N/A
Page 413 - N/A