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United Artists Communications and United Cable Television...

United Artists Communications and United Cable Television said they revised their earlier agreement under which the two cable TV system operators will merge to create a new firm called United Artists Entertainment. Among other changes, the new agreement authorizes two classes of stock--Class A with one vote per share and Class B with 10 votes per share--and allows United Cable shareholders, at the time of the merger, to take either $35 per share in cash or a package of securities for their stock.


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