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Jones Intercable Inc

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BUSINESS
December 23, 1999 | JONATHAN MAKE, BLOOMBERG NEWS
Comcast Corp., the No. 3 U.S. cable-TV company, on Wednesday expanded its offer for Jones Intercable Inc. and agreed to buy all of the 61% that it doesn't already own for $3.2 billion in stock. Comcast would exchange 1.4 shares of its Special Class A stock for each Jones common and Class A share, or about $73.06 each. That's 15% more than Tuesday's closing price of Jones common stock and 9.2% more than its Class A shares. It also would assume about $1.6 billion in Jones debt.
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BUSINESS
December 23, 1999 | JONATHAN MAKE, BLOOMBERG NEWS
Comcast Corp., the No. 3 U.S. cable-TV company, on Wednesday expanded its offer for Jones Intercable Inc. and agreed to buy all of the 61% that it doesn't already own for $3.2 billion in stock. Comcast would exchange 1.4 shares of its Special Class A stock for each Jones common and Class A share, or about $73.06 each. That's 15% more than Tuesday's closing price of Jones common stock and 9.2% more than its Class A shares. It also would assume about $1.6 billion in Jones debt.
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BUSINESS
August 13, 1998 | Bloomberg News
A group including Sony Corp., Liberty Media Group and investor Leon Black completed its $539-million purchase of Telemundo Group, the No. 2 Spanish-language broadcaster in the U.S., giving it access to one of the fastest-growing television markets. The transaction was approved late last month by the Federal Communications Commission. The larger rival of Hialeah, Fla.-based Telemundo, Univision Communications Inc., had asked the FCC to block the purchase. Shareholders, who received $44.
BUSINESS
August 13, 1998 | Bloomberg News
A group including Sony Corp., Liberty Media Group and investor Leon Black completed its $539-million purchase of Telemundo Group, the No. 2 Spanish-language broadcaster in the U.S., giving it access to one of the fastest-growing television markets. The transaction was approved late last month by the Federal Communications Commission. The larger rival of Hialeah, Fla.-based Telemundo, Univision Communications Inc., had asked the FCC to block the purchase. Shareholders, who received $44.
CALIFORNIA | LOCAL
June 9, 1992 | JOHN CHANDLER
Antelope Valley residents who purchase cable television through Jones Intercable Inc., the area's only provider, are getting a 9% rate increase this month that will raise their basic monthly fee from $19.25 to $21. The company said the hike is due to normal business expenses, higher programming fees and a long-term project to upgrade its cable system, permitting the recent addition of channels such as the Consumer News & Business Channel and Black Entertainment Network.
CALIFORNIA | LOCAL
March 5, 1992 | JOHN CHANDLER, TIMES STAFF WRITER
Palmdale city officials have renewed the franchise of the city's current cable television provider for 15 years, despite protests from two major developers that the decision bars them from the potentially lucrative business. The decision by the Palmdale City Council, by a 5-0 vote Tuesday night with no discussion, was a victory for Colorado-based Jones Intercable Inc., the city's current provider. Jones bought the city's cable system from Tribune Cablevision Co. in 1986.
CALIFORNIA | LOCAL
January 12, 1992 | JOHN CHANDLER, TIMES STAFF WRITER
A high-stakes dispute over cable television service in Palmdale is drawing the city closer to a potentially costly legal battle that could jeopardize promised service improvements for thousands of local residents. At issue is who will provide cable service for two proposed housing projects totaling 12,400 homes--the city's current cable provider or two influential developers hoping to build the projects. It's a deal worth up to $25 million.
BUSINESS
July 30, 1994 | JOHN CHANDLER, TIMES STAFF WRITER
When Antelope Valley residents received a flyer in the mail recently for a national service that sends up-to-the-minute news, financial and sports data direct to their home or office computers via cable TV lines, two conclusions would have been natural. First, that the service, known as Ingenius, must be the latest breakthrough on the information superhighway, as the cable industry tries to move beyond carrying just pictures.
CALIFORNIA | LOCAL
March 11, 1993 | BLAINE HALLEY
Jones Intercable announced Wednesday that it will begin offering an option of fewer television channels for a lower price in the Antelope Valley next month. Beginning April 1, Jones will offer all over-the-air stations, education and governmental access and other channels in a new "Limited Basic" service package on channels 2 through 22 for $13.91 per month.
BUSINESS
July 30, 1994 | JOHN CHANDLER, TIMES STAFF WRITER
When Antelope Valley residents received a flyer in the mail recently for a national service that sends up-to-the-minute news, financial and sports data direct to their home or office computers via cable TV lines, two conclusions would have been natural. First, that the service, known as Ingenius, must be the latest breakthrough on the information superhighway, as the cable industry tries to move beyond carrying just pictures.
CALIFORNIA | LOCAL
March 11, 1993 | BLAINE HALLEY
Jones Intercable announced Wednesday that it will begin offering an option of fewer television channels for a lower price in the Antelope Valley next month. Beginning April 1, Jones will offer all over-the-air stations, education and governmental access and other channels in a new "Limited Basic" service package on channels 2 through 22 for $13.91 per month.
CALIFORNIA | LOCAL
June 9, 1992 | JOHN CHANDLER
Antelope Valley residents who purchase cable television through Jones Intercable Inc., the area's only provider, are getting a 9% rate increase this month that will raise their basic monthly fee from $19.25 to $21. The company said the hike is due to normal business expenses, higher programming fees and a long-term project to upgrade its cable system, permitting the recent addition of channels such as the Consumer News & Business Channel and Black Entertainment Network.
CALIFORNIA | LOCAL
March 5, 1992 | JOHN CHANDLER, TIMES STAFF WRITER
Palmdale city officials have renewed the franchise of the city's current cable television provider for 15 years, despite protests from two major developers that the decision bars them from the potentially lucrative business. The decision by the Palmdale City Council, by a 5-0 vote Tuesday night with no discussion, was a victory for Colorado-based Jones Intercable Inc., the city's current provider. Jones bought the city's cable system from Tribune Cablevision Co. in 1986.
CALIFORNIA | LOCAL
January 12, 1992 | JOHN CHANDLER, TIMES STAFF WRITER
A high-stakes dispute over cable television service in Palmdale is drawing the city closer to a potentially costly legal battle that could jeopardize promised service improvements for thousands of local residents. At issue is who will provide cable service for two proposed housing projects totaling 12,400 homes--the city's current cable provider or two influential developers hoping to build the projects. It's a deal worth up to $25 million.
BUSINESS
November 1, 1988 | AL DELUGACH, Times Staff Writer
The parent of Pacific Bell announced Monday that it had agreed to be part of a joint venture to develop cable television and telephone service in London. Pacific Telesis Group said it is the first of the seven so-called Baby Bell companies to take such a step. Phone companies are blocked from providing cable service in the United States. However, Pacific Telesis spokeswoman Susan Rosenberg said that the London experience could be a basis for U.S.
BUSINESS
November 1, 1988 | AL DELUGACH, Times Staff Writer
The parent of Pacific Bell announced Monday that it had agreed to be part of a joint venture to develop cable television and telephone service in London. Pacific Telesis Group said it is the first of the seven so-called Baby Bell companies to take such a step. Phone companies are blocked from providing cable service in the United States. However, Pacific Telesis spokeswoman Susan Rosenberg said that the London experience could be a basis for U.S.
BUSINESS
September 21, 1991 | From Times Staff and Wire Reports
Hallmark Card Unit Buys Cable Firm: Hallmark Cards Inc.'s Crown Media unit is acquiring a controlling interest in a Missouri-based cable company, putting the greeting card giant among the top 20 cable operators. The Wall Street Journal reported that the transaction for the interest in Cencom Cable Associates Inc. is estimated to be worth $1 billion. A spokesman for Dallas-based Crown Media, Bob Druten, said there was a deal but he could not provide details immediately.
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