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Short Take: Cox completes acquisition of Gannett Cable

Cox Communications, a major cable television operator, has completed its $2.7 billion acquisition of Gannett Cable assets. Cox gains 524,000 cable TV subscribers primarily in Kansas, Oklahoma and North Carolina. The deal gives Cox about 5.5 million total subscribers, though the company expects to have 6 million customers once several other pending acquisitions are finalized.

Cox Communications, a major cable television operator, has completed its $2.7 billion acquisition of Gannett Cable assets. Cox gains 524,000 cable TV subscribers primarily in Kansas, Oklahoma and North Carolina. The deal gives Cox about 5.5 million total subscribers, though the company expects to have 6 million customers once several other pending acquisitions are finalized.