UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF COLUMBIA
UNITED STATES OF AMERICA, United States Department of Justice
Antitrust Division
Merger Task Force
4000 City Center Building
1401 H. St. N.W.
Washington, DC 20530
Plaintiff,
v.
CAPSTAR BROADCASTING
CORPORATION
600 Congress Ave.
Suite 1400
Austin, TX 78701
and
TRIATHLON BROADCASTING
COMPANY
750 B Symphony Towers
Suite 1920
San Diego, CA 92101
Defendants.
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CASE NUMBER 1:99CV00993
JUDGE: Louis F. Oberdorfer
Deck Type: Antitrust
Date Stamp: 4/21/99
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STIPULATION
It is stipulated by and between the undersigned
parties by their respective attorneys, as follows:
- This Court has jurisdiction over the subject matter of this action
and the parties have agreed to waive all objections to personal jurisdiction
and venue in the United States District Court for the District of
Columbia.
- The parties stipulate that a Final Judgment in the form hereto attached
may be filed and entered by the Court, upon the motion of any party
or upon the Court's own motion, at any time after compliance with
the requirements of the Antitrust Procedures and Penalties Act, 15
U.S.C. § 16, and without further notice to any party or other
proceedings, provided that plaintiff has not withdrawn its consent,
which it may do at any time before the entry of the proposed Final
Judgment by serving notice thereof on defendants and by filing that
notice with the Court.
- Defendants shall abide by and comply with the provisions of the
proposed Final Judgment pending entry of the Final Judgment by the
Court, or until expiration of time for all appeals of any Court ruling
declining entry of the proposed Final Judgment, and shall, from the
date of the signing of this Stipulation by the parties, comply with
all the terms and provisions of the proposed Final Judgment as though
the same were in full force and effect as an Order of the Court.
- This Stipulation shall apply with equal
force and effect to any amended proposed Final Judgment agreed upon
in writing by the parties and submitted to the Court.
- In the event plaintiff withdraws its consent, as provided in paragraph
2 above, or in the event the proposed Final Judgment is not entered
pursuant to this Stipulation, the time has expired for all appeals
of any Court ruling declining entry of the proposed Final Judgment,
and the Court has not otherwise ordered continued compliance with
the terms and provisions of the proposed Final Judgment, then the
parties are released from all further obligations under this Stipulation,
and the making of this Stipulation shall be without prejudice to any
party in this or any other proceeding.
- Defendants represent that the divestitures ordered in the proposed
Final Judgment can and will be made, and that defendants will later
raise no claim of hardship or difficulty as grounds for asking the
Court to modify any of the divestiture provisions contained therein.
Dated: April 20, 1999
FOR PLAINTIFF UNITED STATES OF AMERICA
_______________/s/________________
Karl D. Knutsen
United States Department of Justice
Antitrust Division
Merger Task Force
1401 H Street, N.W.
Washington, D.C. 20530
(202) 514-0976
FOR DEFENDANT CAPSTAR BROADCASTING CORPORATION
_______________/s/________________
Neil W. Imus
Vinson & Elkins L.L.P.
1455 Pennsylvania Ave., N.W.
Washington, D.C. 20006
(202) 639-6675
FOR DEFENDANT TRIATHLON BROADCASTING COMPANY
_______________/s/________________
David J. Laing
Baker & McKenzie
815 Connecticut Ave., NW
Washington, DC 20006
(202) 452-7023
CERTIFICATE OF SERVICE
I, Karl D. Knutsen, of the Antitrust Division of the United States
Department of Justice, do hereby certify that true copies of the foregoing
Complaint, Final Judgment, Plaintiff's Explanation
of Consent Decree Procedures and Stipulation were served
this 21st day of April, 1999, by hand, to the following:
Neil W. Imus
Vinson & Elkins L.L.P.
1455 Pennsylvania Ave., N.W.
Washington, D.C. 20006
Counsel for Capstar BroadcastingCorporation
David J. Laing
Baker & McKenzie
815 Connecticut Ave., NW
Washington, D.C. 20006
Counsel for Triathlon BroadcastingCompany
_______________/s/________________
Karl D. Knutsen
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