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SEC Filings

S-1/A
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form S-1/A on 09/28/1999
Entire Document
 
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<TABLE>
<CAPTION>
                                                                              AS OF AND FOR
                                                                           THE SIX MONTHS ENDED
                                                                              JUNE 30, 1999
                                     ACTUAL OR                         ----------------------------
                                    ANTICIPATED        PURCHASE
                                    ACQUISITION          PRICE            BASIC         REVENUE
ACQUISITION                             DATE         (IN MILLIONS)     SUBSCRIBERS   (IN THOUSANDS)
-----------                         -----------      -------------     -----------   --------------
<S>                               <C>               <C>                <C>           <C>
Renaissance.....................        4/99        $           459       129,000       $ 30,807
American Cable..................        5/99                    240        69,000         17,958
Greater Media systems...........        6/99                    500       175,000         42,348
Helicon.........................        7/99                    550       173,000         42,956
Vista...........................        7/99                    126        28,000          7,101
Cable Satellite.................        8/89                     22         9,000          2,056
Rifkin..........................        9/99                  1,460       461,000        105,592
InterMedia systems..............  3rd Quarter 1999             873+       412,000        100,644
                                                       systems swap      (144,000)
                                                                        ---------
                                                                          268,000
Avalon..........................  4th Quarter 1999              859       260,000         51,769
Fanch...........................  4th Quarter 1999            2,400       537,000         98,931
Falcon..........................  4th Quarter 1999            3,606     1,008,000        212,205
Bresnan.........................  1st Quarter 2000            3,100       656,000        137,291
                                                    ---------------     ---------       --------
     Total......................                    $        14,195     3,773,000       $849,658
                                                    ===============     =========       ========
</TABLE>

    
 
   
     The systems acquired pursuant to these recent and pending acquisitions
served, in the aggregate, approximately 3.8 million customers as of June 30,
1999. In addition, we are negotiating with several other potential acquisition
candidates whose systems would further complement our regional operating
clusters.
    
 
   
CHARTER COMMUNICATIONS, INC.
    
 
   
     Charter Communications, Inc. was formed as a holding company in July 1999.
In connection with the offering, Charter Communications, Inc. will issue:
    
 
   
     - 170,000,000 shares of Class A common stock in the offering, and an
       additional 25,500,000 shares of Class A common stock if the underwriters
       exercise their over-allotment option in full; and
    
 
   
     - 50,000 shares of high vote Class B common stock to Messrs. Allen, Kent,
       Babcock and Wood.
    
 
   
     Charter Communications, Inc. will use all of the proceeds of the offering
and the sale of shares of Class B common stock to purchase Charter
Communications Holding Company membership units. Immediately following the
offering, Mr. Allen will control approximately 93.0% of the total voting power
of Charter Communications, Inc.'s outstanding capital stock and will control
Charter Communications Holding Company and its direct and indirect subsidiaries.
    
 
   
     The sale of shares of Class A common stock in the offering and the sale of
the shares of Class B common stock as described above will affect us in many
ways, including the following:
    
 
   
     - Our Management.   The current management agreement between Charter
       Operating and Charter Investment, Inc. will be amended and assigned
    
 
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