COMPANY TOWN ANNEX

Sammons Sells Some Cable Operations To Marcus Cable: Sammons Communications has agreed to sell more than half its cable television systems to Marcus Cable for $1 billion, the companies said. The properties acquired by Marcus serve some 650,000 customers in the Dallas-Fort Worth area, northern and southern California, the Midwest and the South. Dallas-based Sammons Communications, privately owned, serves 1.1 million customers in 18 states. The deal is subject to regulatory approval and other conditions, and is expected to close by year-end.