Viacom sets sale of cable properties

Article Abstract:

Viacom agreed to sell its cable systems to RCS on Jan 20, 1995 in a $2.3 billion deal. RCS is owned by Frank Washington, a black executive. The deal will enable Viacom to get $200 million in tax exemptions under a law that gives such breaks to investments in minority-owned broadcasting companies.

Viacom Inc., VIA, RCS Pacific LP

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Time Warner sets merger with Turner Broadcasting System

Article Abstract:

Time Warner Inc announced on Sep 22, 1995, that it would merge with Turner Broadcasting System Inc in a stock-swap deal worth $7.5 billion. If the merger is approved by regulators, the new firm will be the largest media firm in the world. US West Inc is trying to block the merger.

Cases, Telecommunications services industry, Telecommunications industry, Time Warner Inc., TWX, Entertainment industry, Turner Broadcasting System Inc., TBS, Interscope Records Inc.

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US West sets cable TV firm buyout

Article Abstract:

US West offered to buy Continental Cablevision Corp for $10.8 billion, and completion of such a purchase will produce the largest merger between a telephone company and a cable television company. The purchase price includes assumption of debt and cash and stock payouts.

Regional Bell Operating Companies, Continental Cablevision Inc.

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