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In 2004, Cox Enterprises announced its intention to purchase those shares of Cox Communications which it did not already own. A $6.6 billion tender offer was completed in December of that year, and Cox Communications has been a wholly owned subsidiary ever since. [30] This was the second time Cox Communications was taken private by Cox Enterprises.
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As the cable business expanded, it was eventually consolidated and spun off into the new privately-owned Cox Cable Communications (CCC) in 1968, which quickly became the second-largest cable TV company. Upon Jim Cox Jr.'s death in 1974, he left his two sisters, Anne Cox Chambers and Barbara Cox, in control of 95% of the privately-owned company. [7]
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In Phoenix, it took years for KUSK to gain market-wide cable coverage. In 1993, it finally succeeded in reaching a deal with Dimension Cable (now Cox Communications), the largest cable provider in the market; however, it was only added to rebuilt areas of the cable system, [25] which was not complete until 1996. [26]