8-KOther EventsExhibits & Filings

AMERICAN TOWER CORP /MA/ 8-K Report, Corporate Update (Jan 7, 2014)

Filed January 7, 2014For Securities:AMT

Summary

This Form 8-K filing from American Tower Corporation (AMT) on January 7, 2014, primarily serves to disclose the supplemental unaudited pro forma financial information related to its acquisition of MIP Tower Holdings LLC, which closed on October 1, 2013. This information provides investors with a clearer picture of the combined entity's financial position and operational performance as if the acquisition had occurred earlier, allowing for more informed analysis of the transaction's impact. The filing includes pro forma balance sheet data as of September 30, 2013, and pro forma statements of operations for the nine months ended September 30, 2013 and 2012, as well as for the full year ended December 31, 2012. Investors should review these pro forma statements to understand the scale and financial characteristics of the combined company post-acquisition, which is crucial for evaluating AMT's strategic growth and future financial outlook.

Key Highlights

  • 1AMT filed a Form 8-K on January 7, 2014, to provide supplemental pro forma financial information.
  • 2The pro forma information relates to the acquisition of MIP Tower Holdings LLC, completed on October 1, 2013.
  • 3Key pro forma financial statements included are the balance sheet as of September 30, 2013, and statements of operations for the nine months ended September 30, 2013, and 2012.
  • 4The filing also includes pro forma statements of operations for the full year ended December 31, 2012.
  • 5This supplemental information is intended to give investors a clearer view of the combined entity's financial performance post-acquisition.
  • 6The Chief Financial Officer, Thomas A. Bartlett, signed the report.

Frequently Asked Questions

The primary purpose of this 8-K filing is to provide supplemental unaudited pro forma financial information to investors regarding American Tower Corporation's (AMT) acquisition of MIP Tower Holdings LLC, which was completed on October 1, 2013. This allows for a better understanding of the combined company's financial position and performance as if the acquisition had occurred earlier.

The filing includes an unaudited pro forma condensed combined balance sheet as of September 30, 2013. It also includes unaudited pro forma condensed combined statements of operations for the nine months ended September 30, 2013 and 2012, and for the full year ended December 31, 2012.

Pro forma financial information is important because it presents the financial results and position of the company as if a significant event, such as an acquisition, had occurred at an earlier date. For AMT, this helps investors assess the impact of the MIP Tower Holdings LLC acquisition on the company's overall financial health and operational metrics, enabling a more accurate comparison of performance periods.

The acquisition of MIP Tower Holdings LLC by American Tower Corporation was completed on October 1, 2013.