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

Subscribe

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

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up