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CCRes_86-25
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CCRes_86-25
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7/14/2009 10:29:09 AM
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7/9/2009 11:31:28 AM
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• <br />'!'HE TRh1~SFBR OF flMIiBRSHIP <br />OP -GROIIP M C14BL8, II1C. <br />8T]~iTS OP MI111~BSOTA <br />~IIlITY OF RAP4SEY <br />CITY OF FALCON HEIGHTS <br />3tB.SOLDTIOI+I ~0. 86-25 l1PPROVI~IG <br />WHEREAS, Group W Cable, .inc., a pew York Corporation <br />thereinafter "Group i~ Cable"), by and through Group <br />W Cable of the ~torth .Suburbs., Inc., a wholly-awned <br />.subsidiary, :.awns, operates and maintains a cable <br />television system in the City .pursuant to the terms <br />and conditions of City Ordinance Ido. 193 <br />thereinafter "Cable Communications Franchise <br />Ordinance"); and <br />. WHEREAS, Group W Cable's parent corporation, Wesingthouse <br />Broadcasting and Cable, Inc., an Indiana Corporation <br />-- -- thereinafter "Westinghouse"), desires__to___sell and <br />__ <br />otherwise transfer all of the issued and outstanding <br />shares of the capital stock of Group W Cable to Century <br />Southwest Cable Television, Inc., a Delaware <br />.Corporation; TCI Holdings, Inc., a Colorado Corporation; <br />- American Television -and Communications Corporation,. <br />a .Delaware Corporation, and affiliates of, or <br />subsidiaries or partnerships owned or controlled by, <br />Houston Industries Incorporated, a Texas Corporation; <br />Comcast .Corporation,. a Pennsylvania Corporation; and <br />Daniels & Associates, Inc., a Delaware Corporation; <br />(hereinafter "Buyers"), and thereby transfer control <br />of Group W Cable to the Buyers; and <br />• <br />
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