Cox Communications Announces Preliminary Election Results For TCA Acquisition.ATLANTA--(BUSINESS WIRE)--Aug. 13, 1999-- Cox Communications Cox Communications is a privately owned subsidiary of Cox Enterprises providing digital cable television and telecommunications services in the United States. It is the third-largest[2] cable television provider in the United States, serving more than 6. Inc. (NYSE NYSE See: New York Stock Exchange :COX) today announced the preliminary election results for TCA TCA 1. trichloroacetic acid. 2. tricarboxylic acid cycle (Krebs cycle). TCA Tricyclic antidepressant, see there Cable TV shareholders in connection with Cox's acquisition of TCA finalized yesterday. The three election options for each TCA shareholder were as follows: 1. 0.7418 of a share of Cox Class A common stock and $31.25 in cash 2. 1.4836 shares of Cox Class A common stock 3. $62.50 in cash TCA shareholders choosing option one or two will receive their election. TCA shareholders choosing option three will receive approximately 0.4615 of a share of Cox Class A common stock and $43.06 in cash. These amounts are subject to final certification by Cox's transfer agent and may vary from the above amounts. Following the close of pending acquisitions, Cox will serve approximately 6 million customers nationwide, making it the nation's fifth-largest cable company. A full-service provider of telecommunications products, Cox offers an array of services, including cable television under the Cox Cable brand; local and long-distance telephone services under the Cox Digital Telephone brand; high-speed Internet See broadband. access via Cox@Home; advanced digital video programming services under the Cox Digital Cable brand; and commercial voice and data services via Cox Business Services. Cox is an investor in telecommunications companies See telecom company. including Sprint PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. and Excite@Home, as well as programming networks including Discovery Channel, The Learning Channel, Outdoor Life and Speedvision. More information about Cox Communications can be accessed on the Internet at www.cox.com. |
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