July 29, 1988 |
Times Mirror Co. said Thursday that it won't trade its Arizona cable television properties for cable systems owned by Tele-Communications Inc. and United Artists Communications, as proposed in a March agreement. Times Mirror, which publishes the Los Angeles Times, said the decision to call off the deal "was a mutual agreement between all three parties." Also terminated was a separate agreement for Times Mirror to buy Tele-Communications' Rock Island, Ill., cable system.
July 12, 1988 |
MGM/UA Communications, which confirmed reports that it had agreed to sell its MGM motion pictures division, said Monday that it is reviewing offers to buy the remainder of the entertainment company. "We are considering offers being made for a portion of MGM/UA," said President Stephen D. Silbert, who would not provide any further details on the offers.