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.

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Friday–April 26

Charter Unpacks Impact of ACP’s Sunset

Charter hasn’t been immune to the slowdown in broadband activity in 1Q24, reporting the loss of 72,000 residential and SMB internet customers. It’s looking at what the discontinuation of ACP will mean for its sub base.

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