• Reuters, Wednesday, November 2, 2005 12:13 PM

In another shakeup within the cable TV industry, privately held Cox Communications has agreed to sell its cable TV systems to Cebridge Connections in a multibillion dollar deal that would more than triple Cebridge's subscriber base, making it a major player in the cable business. Terms of the deal were not disclosed but Reuters reports that the price per cable subscriber that Cebridge would pay Cox would be in the $2,500 to $3,000 range, making the deal worth at least $2.35 billion.

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