ENTERTAINMENT
From Times Staff and Wire Reports
Cablevision Buys Newark, N.J., Cable-TV System: Cablevision Systems Corp. said a partnership of Cablevision and investment bank E. M. Warburg, Pincus & Co. signed an agreement to buy a Newark, N.J., cable-TV system for $78 million from Gilbert Media Associates. Cablevision said financing would be provided by the partnership and a loan from Toronto Dominion Bank. Cable-TV system serves Newark and South Orange County, N.J., and has about 42,000 subscribers.
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