Okay, you need to do some testing/thinking. I am unsure what spread your VHF antenna covers, but you may goof yourself if that VHF antenna works best around 160 MHz and you are also interested in 118 MHz for aircraft. I am not saying your VHF antenna would not work to RX around 118 MHz, but the discone may offer improved performance there.
What I would do options:
1. Use the shortest coaxial run and put the discone antenna there. LMR-400 is a safe choice, especially for long runs. Then use a multicoupler.
2. Use one antenna for each scanner. Why? By having fewer frequencies on each scanner, your chances improve for hearing traffic. Also, if the 800 MHz signals are that strong, your VHF antenna may pick them up fine.
3. Use a diplexer to combine the antennas into one line and then also purchase a multicoupler to share the signals. As you can figure out, this option costs more and may not offer a benefit.
Although my needs are different, I actually use something like option #2 myself.