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Comcast Deal Is Delayed
PHILADELPHIA, June 2 (Dow Jones/AP) — The Comcast Corporation and Paul G. Allen, the chairman of Charter Communications Inc., agreed to delay Mr. Allen's planned purchase of Comcast's interest in the companies' joint cable television venture, Comcast said today.

The deal involving the venture, which is called CC VIII, is expected to close this month unless the companies reach another arrangement, Comcast said. The closing had been scheduled for May.

Mr. Allen, a co-founder of Microsoft, is the controlling shareholder of Charter, a St. Louis cable television operator that has been selling noncore assets to pay debt.