| OCR Text |
Show LVO Cable Plans Merger With Cox Plans have been announced an-nounced by officials of LVO Cable, Inc., which serves Moab as Town TV, and Cox Cable Communications of Atlanta, At-lanta, Georgia to merge lvo Cable into Cox Cable Communications, Inc. The proposed merger calls for one share of cox Cable Communications, Communica-tions, Inc. to be exchanged ex-changed for 2.25 shares of LVO Cable, Inc. The proposed merger is still subject to execution of a definitive contract and approval by the boards of directors and shareholders share-holders of the two companies. com-panies. Company officials offi-cials indicated that they will seek early governmental govern-mental approval for the proposed merger. This would include submittal of the merger plans to the Department of Justice Jus-tice under applicable Business Review procedures. pro-cedures. The officials stated that the proposed merger mer-ger should facilitate a more rapid growth and faster realization of the potential of cable television, tele-vision, and place the combined companies in a stronger position to take advantage of the opportunities they have for expansion in the cable television business. |
