Times Mirror Cable Television Inc., a unit of Times Mirror Co. of Los Angeles , acquired the 80% of Community Cablevision that it didn’t already own from Irvine Co., a closely held land development concern.

Terms of the acquisition of the 42,000-subscriber system weren’t disclosed. The system, which Times Mirror Cable began managing in August, consists of 500 miles of cable plant passing about 60,000 homes in Orange County.

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