COMPANY TOWN ANNEX

Ted Turner to Boost Turner Broadcasting Stake: Ted Turner plans to boost his voting stake in Turner Broadcasting System Inc. through a stock exchange with other investors. Turner, chairman and president of the Atlanta-based media and entertainment company, said he plans to exchange 2.15 million of his Class B shares for Class A stock. Turner Broadcasting filed last week with the Securities and Exchange Commission to register Turner’s Class B shares. The transaction would raise Turner’s overall voting stake to about 65% from 62.5% of the combined Class A and Class B shares on a fully diluted basis.