Company Overview of Allbritton Communications Company
Allbritton Communications Company owns and operates ABC network-affiliated television stations in the United States. The company’s television stations include WJLA in Washington, D.C.; WHTM in Harrisburg, Pennsylvania; WCFT in Tuscaloosa, Alabama; WJSU in Anniston, Alabama; WBMA-LD, a low power television station licensed to Birmingham, Alabama; KATV in Little Rock, Arkansas; KTUL in Tulsa, Oklahoma; and WSET in Roanoke-Lynchburg, Virginia. It also provides cable television programming through NewsChannel 8, which primarily focuses on regional and local news for the Washington, D.C. metropolitan area. The company was founded in 1974 and is headquartered in Arlington, Virginia. Allbritton Com...
1000 Wilson Boulevard
Arlington, VA 22209
Founded in 1974
Key Executives for Allbritton Communications Company
Chief Financial Officer and Senior Vice President
Senior Vice President of Legal & Strategic Affairs and General Counsel
Principal Accounting Officer and Vice President of Finance
Executive Vice President and Director
Compensation as of Fiscal Year 2014.
Allbritton Communications Company Key Developments
Allbritton Communications Company Announces Tender Results for Any and All of Outstanding 8% Senior Notes Due May 15, 2018
Jul 31 14
Allbritton Communications Company announced the tender results for its previously announced tender offer for any and all of its outstanding 8% senior notes due May 15, 2018. As of 5:00 p.m., New York City time, on July 30, 2014, notes representing approximately 99.92% of the then-outstanding principal amount of notes had been tendered. The company has exercised its option to accept for payment and settle $454,640,000 of notes. The tender offer was conducted in conjunction with the sale by the Allbritton family of the stock of Perpetual Corporation, the company's parent corporation, to Sinclair Broadcast Group, which sale is expected to be completed on July 31, 2014. In addition, the company announced that it has delivered notice to the holders of all of its remaining outstanding notes of its intention to redeem any and all of the notes pursuant to the indenture governing the notes. The redemption price for the notes will be 104% of the outstanding principal amount of the notes. The company intends to accomplish a satisfaction and discharge of the Indenture by irrevocably depositing on July 31, 2014 with the trustee for the notes funds in an amount sufficient to pay and discharge the entire indebtedness on the notes.
Allbritton Communications Company Extends Expiration Date of Tender Offer for Any and All of Outstanding 8% Senior Notes Due May 15, 2018
Jul 28 14
Allbritton Communications Company announced that it has further extended the expiration date of its previously announced tender offer for any and all of its outstanding 8% Senior Notes due May 15, 2018, to July 30, 2014.
Allbritton Communications Company Announces Extension of Tender Offer for Any and All of its Outstanding 8% Senior Notes Due May 15, 2018
Jul 14 14
Allbritton Communications Company (ACC) announced that it has extended the expiration date of its previously announced tender offer for any and all of its outstanding 8% Senior Notes due May 15, 2018, to 5:00 p.m., New York City time, on July 25, 2014. The Tender Offer is being made on the terms and subject to the conditions in the Offer to Purchase dated June 13, 2014, as amended by the terms in ACC's dated June 27, 2014 and the related Letter of Transmittal. Upon the terms and subject to the conditions described in the Offer to Purchase and Letter of Transmittal and the amended terms of the Tender Offer, ACC is offering to purchase for cash any and all of the Notes. Except as described herein, the terms of the Tender Offer remain unchanged. ACC has engaged Deutsche Bank Securities Inc. as the Dealer Manager for the Tender Offer.
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