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<br />, <br />I PPENHEIMER WOLFF <br />\ ER SHEPARD <br />,ND ' <br />NNELL Y <br /> <br />1700 FIRST BANI< BI..DG <br />8AHT ~L. t.4N4. 5610' <br />1ELEPl-fOI\E;(612l?27-lZ71 <br />TEL.Ex: 701879 <br /> <br />.... DS ceNTER <br />WHAPOUS, ","", 564Q2 <br />1B..EPt-OE: (612) _., <br />m.vC 701605 <br /> <br />1317 F sn&rN.W,,&u1'E 700 <br />..........-oN,D.C._ <br />~ClllIl_ <br />TELEX:.tB619'1 <br /> <br />~u:usE.2D,BOr:31 <br />_............EIEI.GU.l <br />tamf:K,t322J_ <br />lB.El< ll2236 <br /> <br />M.~B\.IllDING <br />""lnJNGroN ,..,u <br />NEWlOAK..N.'I'.lOJ17 <br />~,(212)912-- <br />lil.EX:6tc1D13948 <br /> <br />Saint Paul <br />May 1, 1986 <br /> <br />North Suburban Cable Commission <br />2077 W. Larpenteur Avenue <br />Falcon Heiqhts, MN 55113 <br /> <br />. <br /> <br />Re: Sale of Stock of Group .' Cable, %lie. <br /> <br />Dear Members of the Commission: <br /> <br />We have previously advised you by letter dated r.pril <br />28, 1986, regarding your considerations in approving, or <br />denying approval of, the proposed sale and transfer of all <br />of the capital stock of Group W Cable, 'Inc. by Westinghouse <br />Broadcasting and Cable, Inc. (-Westinghouse.) to a group <br />of five purchasing shareholders (-Buyers.). We also feel <br />it appropriate, in light of recent developments, to further <br />advise you as follows: <br /> <br />1. Your consideration and evaluation of the proposed <br />transaction has been based upon representations <br />by the interested parties that any determinations <br />and any approvals with respect to that transaction <br />do not act as or imply any determinations concerning <br />or approval of any other subsequent transactions <br />involving sales or transfers of the control or assets <br />of Group W Cable, Inc., or of your cable communication <br />franchises or system. <br /> <br />2. Certain parties to such subsequent transactions-"--"- <br />have expressed positions that indicate they may <br />not be bound by or agree to such separate and <br />independent consideration of the stock transfer <br />transaction apart from subsequent transactions. <br /> <br />3. To properly protect the Commission and its <br />Member-Cities from potential _claims or ___legal <br />proceedings asserting that approval of the proposed <br />stock transfer transaction does constitute ,approval <br />of, or creates interests of other parties' to, <br />subsequent transactions, we believe that your <br />recommendation and approval of the transfer <br />transaction should be conditioned upon receipt of <br />indemnity from Group W Cable, Inc. and Westinghouse <br />in the form set forth in the Agreemen~ attached <br />hereto. <br /> <br />, <br /> <br />Very truly yours, <br /> <br />OPPENHEIMER WOLFF FOSTER SHEPARD AND DONNELLY <br /> <br />By(1:;i // - <br /> <br />Craig ~ <br /> <br />CC:cad <br /> <br />Enclosure <br />