Cooke, Falcon End Systems Purchase Plans

Cooke CableVision and Falcon Cable TV terminated agreements for two Falcon partnerships to acquire Cooke cable-television systems in the Alaskan cities of Juneau, Fairbanks, Sitka and Ketchikan.

Cooke CableVision is a unit of Cooke Media Group Inc., a Woodland Hills-based concern owned by financier Jack Kent Cooke that also publishes the Daily News. The proposed Alaskan sale price was not disclosed. The proposed sale was part of Cooke’s plan to divest his cable-TV holdings.

Falcon, based in Los Angeles, said the agreements were terminated after neither side had yet obtained approval from Alaskan regulators to transfer the systems’ licenses. The Falcon partnerships earlier acquired Cooke cable systems serving several cities in Oregon.