COMPANY TOWN ANNEX
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Chronicle Publishing Co. Selling Cable TV Unit: The privately held owner of the San Francisco Chronicle newspaper is putting its Western Communications division up for sale for about $750 million, the paper reported. Western claims more than 300,000 subscribers in South San Francisco, Concord, Monterey, Hemet and Ventura in California, Las Cruces in New Mexico and in Hawaii. Tele-Communications Inc., the largest U.S. cable operator, and Cox Cable Communications, the sixth largest, “supposedly have expressed some interest in making a bid,” the newspaper said.
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