TWEANTime Warner Entertainment-Advance/Newhouse Partnership
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5 million in cash, to TWEAN for the cable systems owned by TWEAN that operate in Capitol Heights, Cheltenham, District Heights, Fairmount Heights, Forest Heights, Morningside, Seat Pleasant, Upper Marlboro, Andrews Air Force Base, and portions of Prince George's County, all in Maryland, and Reston (Fairfax County), Virginia.
The TWEAN trade is subject to a number of closing conditions, including obtaining the consent of local franchising authorities.
These acquisitions, which are also expected to close in 1995, together with the TWEAN trade will increase to approximately 300,000 the number of basic subscribers served by Jones' Washington, D.
The acquisition of the TWEAN systems will complement the growing base of subscribers that the company has in the Washington, D.