In an attempt to settle a creditor fight threatening to derail its TW-Comcast acquisition, Adelphia filed a new reorg plan that favors one creditor group over another. The proposal would give "Arahova" creditors $1.04 on the $1. "Holding company" creditors would get 14-43 cents. Details of the plan caused the MSO’s 10.25% bonds due ’11 to plunge to 53.5 cents on the dollar from 63.2 cents on Wed, Reuters reported.

The Daily


Cox Makes $60 Billion Distant Learning Commitment

Cox Communications is stepping up its commitment to close the digital divide, with CEO Pat Esser announcing a $60mln pledge over the next year aimed at the digital learning gap. To help put America’s

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