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SEC Filings

S-1/A
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form S-1/A on 11/04/1999
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     - up to a maximum of $425 million to repurchase all of the Falcon sellers'
       equity interests. This amount would increase to $550 million if the
       Falcon sellers exercise their right to receive up to an additional $125
       million of membership units in connection with the Falcon acquisition;
 
     - up to a maximum of $1.0 billion to repurchase all of the Bresnan sellers'
       equity interests; and
 
     - up to a maximum of $12 million to repurchase the shares of Class A common
       stock purchased by Helicon sellers in our directed share program.
 
     We cannot assure you that we would be able to obtain capital sufficient to
fund any required repurchases. If we failed to satisfy these obligations, these
acquisition-related equity holders, as general unsecured creditors, could
initiate legal proceedings against us, including under bankruptcy and
reorganization laws, for any damages they suffer as a result of our
non-performance. Any such action could trigger defaults under our other
obligations, including our credit facilities and debt instruments.
 
WE MAY NOT HAVE THE ABILITY TO INTEGRATE THE NEW SYSTEMS THAT WE ACQUIRE AND THE
CUSTOMERS THEY SERVE WITH OUR EXISTING SYSTEMS. THIS COULD ADVERSELY AFFECT OUR
OPERATING RESULTS AND GROWTH STRATEGY.
 
     Upon the completion of our pending acquisitions, we will own and operate
cable systems serving approximately 6.2 million customers, as compared to the
cable systems we currently own which serve approximately 3.7 million customers.
In addition, we may acquire more cable systems in the future, through direct
acquisition, system swaps or otherwise. The integration of our new cable systems
poses a number of significant risks, including:
 
     - our acquisitions may not have a positive impact on our cash flows from
       operations;
 
     - the integration of these new systems and customers will place significant
       demands on our management and our operations, information services, and
       financial, legal and marketing resources. Our current operating and
       financial systems and controls and information services may not be
       adequate, and any steps taken to improve these systems and controls may
       not be sufficient;
 
     - our current information systems may be incompatible with the information
       systems we have acquired or plan to acquire. We may be unable to
       integrate these information systems at a reasonable cost or in a timely
       manner;
 
     - acquired businesses sometimes result in unexpected liabilities and
       contingencies which could be significant; and
 
     - our continued growth will also increase our need for qualified personnel.
       We may not be able to hire such additional qualified personnel.
 
     We cannot assure you that we will successfully integrate any acquired
systems into our operations.
 
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