UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549-1004
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
FEBRUARY 13, 2002
VIACOM INC.
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(Exact name of registrant as
specified in its charter)
Delaware 1-9553 04-2949533
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(State or other Commission (IRS Employer
jurisdiction File Number Identification
of incorporation) Number)
1515 Broadway, New York, NY 10036
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(Address of principal executive offices) (Zip Code)
(212) 258-6000
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(Registrant's telephone number, including area code)
Item 5. Other
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On February 13, 2002, the Registrant announced that it
has agreed to acquire the assets of KCAL-TV from Young
Broadcasting Inc. for $650 million in cash. The acquisition
of KCAL-TV gives Viacom its second owned and operated
station in Los Angeles, the second-largest television
broadcast market in the United States. The acquisition
brings to eight the number of major markets in which Viacom
will own two television broadcast stations, including San
Francisco, Philadelphia, Boston, Dallas, Detroit, Miami, and
Pittsburgh. The acquisition is expected to close in mid-year
2002, and is subject to Federal Communications Commission
review and the expiration of antitrust waiting periods.
SIGNATURE
Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly
authorized.
VIACOM INC.
(Registrant)
By: /s/ Michael D. Fricklas
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Michael D. Fricklas
Executive Vice President,
General Counsel
and Secretary
Date: February 13, 2002