COMPANY TOWN ANNEX : Falcon Holding Group to Reorganize as a Corporation
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From Times Staff and Wire Reports
The Westwood-based limited partnership said it intends to reorganize and raise about $100 million in an initial public stock offering. Falcon Holding will change its name to Falcon Cable TV Inc. and offer 8.3 million Class A shares to the public, including 6.6 million from Falcon Cable TV Inc. and 1.7 million from unidentified selling shareholders. Falcon Holding serves about 477,000 cable TV subscribers.
