No surprise here: the Adelphia creditors that stand to get the least amount of money are upset with the MSO’s reorg plan. The "holding company" creditors say they will vote against the settlement plan. It’s likely Adelphia knew the "holding company" creditors (who stand to get 14-43 cents on the dollar) would object. As part of the reorg, Adelphia’s sale would go through even with objections.

The Daily


New Street Drops Altice USA to ‘Neutral’

New Street Research is downgrading Altice USA to “Neutral” after a warning from CEO Dexter Goei that the provider would lose subs in 3Q21. “The stock is too cheap, even with 12-18 months pause in share

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