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GREAT AMERICAN COMMUNICATIONS COMPANY ISSUES STATEMENT

 CINCINNATI, July 2 /PRNewswire/ -- Great American Communications Company (NASDAQ-NMS: GACC) announced that effective today, July 2, 1993, its common stock will no longer be listed on The Nasdaq Stock Market as a result of the company no longer meeting certain financial requirements for continued inclusion in the NASDAQ quotation system. GACC's common stock will, however, continue to trade over-the-counter under the symbol GACC.
 As previously announced, GACC has filed a registration statement with the SEC relating to the solicitation of acceptances of a proposed prepackaged plan or reorganization. GACC and its subsidiaries own six network affiliated television stations and eleven FM and five AM radio stations in major markets throughout the country.
 -0- 7/2/93
 /CONTACT: Sandra W. Heimann of Great American Communications, 513-579-2177/
 (GACC)


CO: Great American Communications Company ST: Ohio IN: ENT SU:

BM -- CL004 -- 8072 07/02/93 09:32 EDT
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Publication:PR Newswire
Date:Jul 2, 1993
Words:145
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