8-K/AOther Events

VERIZON COMMUNICATIONS INC 8-K/A Report (Sep 13, 2000)

Filed September 13, 2000For Securities:VZ

Summary

This 8-K/A filing from Verizon Communications Inc. (VZ), filed on September 12, 2000, is an amendment related to the merger between Bell Atlantic Corporation and GTE Corporation. The most critical information for investors is the inclusion of pro forma combined financial statements. These statements offer a hypothetical view of the combined company's financial performance and position as if the merger had already occurred, covering periods from March 31, 2000, back to 1997.

Key Highlights

  • 1Amendment to a previous filing.
  • 2Focuses on the merger between Bell Atlantic and GTE, forming Verizon Communications.
  • 3Includes pro forma combined condensed statements of income for Bell Atlantic and GTE.
  • 4Provides pro forma combined condensed balance sheet for Bell Atlantic and GTE as of March 31, 2000.
  • 5Financial data covers periods including three months ended March 31, 2000 and 1999, and fiscal years 1999, 1998, and 1997.
  • 6No actual financial statements for the combined entity are presented, only pro forma information.

Frequently Asked Questions

This filing is an amendment (8-K/A) that primarily serves to provide pro forma combined financial information related to the merger of Bell Atlantic and GTE, which formed Verizon Communications. It gives investors an outlook on the combined company's financial standing.

Pro forma financial statements present financial information as if a particular event, such as a merger or acquisition, had already occurred. In this case, they show what the combined Bell Atlantic and GTE would have looked like financially.

The pro forma combined condensed statements of income cover the three months ended March 31, 2000 and 1999, and the full years ended December 31, 1999, 1998, and 1997. The pro forma combined balance sheet is as of March 31, 2000.

No, this filing does not contain actual financial statements for the combined Verizon Communications. It only includes pro forma (hypothetical) financial information that projects the combined entity's financial performance and position.