Biz

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TW sells cable systems

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Time Warner agreed Wednesday to sell a group of Southern cable systems to two investor groups, Renaissance Media Partners LLC and Morgan Stanley Capital Partners, for about $300 million.

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Jackson in action

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The Rev. Jesse Jackson's civil rights group has purchased shares in five entertainment companies this week as part of a campaign against what he regards as substantial race and sex discrimination in…

Marketplace

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Kirk behind stock boost

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Kirk Kerkorian spent $25 million to support Metro-Goldwyn-Mayer Inc.'s weak stock price in its first three days of trading, increasing his stake in the Lion by 1.8% to 63.2%, Kerkorian said in an…

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