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


RDOF Broadband Projects Taking Shape, Questions Remain

Broadband providers winning support in Phase 1 of the RDOF auction have years to complete those projects, but work is already getting underway.

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