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BUSINESS
July 29, 1988 | LINDA WILLIAMS, Times Staff Writer
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.
BUSINESS
July 29, 1988 | LINDA WILLIAMS, Times Staff Writer
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.
BUSINESS
July 12, 1988 | JESUS SANCHEZ, Times Staff Writer
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.
BUSINESS
July 12, 1988 | JESUS SANCHEZ, Times Staff Writer
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.
BUSINESS
March 10, 1988 | KATHRYN HARRIS, Times Staff Writer
United Artists Communications and United Cable Television on Wednesday announced an agreement to combine in a new company that would rank as the nation's third-largest cable-TV operator. The merger also strengthened the grip of Tele-Communications, the nation's largest cable operator, which will own 52% of the new entity. The terms of the deal appeared to satisfy some outspoken investors who attacked an earlier merger proposal that would have paid no cash.
BUSINESS
March 10, 1988 | KATHRYN HARRIS, Times Staff Writer
United Artists Communications and United Cable Television on Wednesday announced an agreement to combine in a new company that would rank as the nation's third-largest cable-TV operator. The merger also strengthened the grip of Tele-Communications, the nation's largest cable operator, which will own 52% of the new entity. The terms of the deal appeared to satisfy some outspoken investors who attacked an earlier merger proposal that would have paid no cash.
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