Crosstown Traffic Jam

Gibbons, Kent
September 2004
Multichannel News;9/27/2004, Vol. 25 Issue 39, p62
The nation of Adelphia was carved into seven autonomous regions for sale purposes, and chairman and CEO Bill Schleyer put on his yellow Century 21 jacket and declared them all beachfront property of the highest order. The author's favorite is the one that strings Virginia, Maryland and Kentucky with Colorado Springs. Financial players the author spoke with seemed to think it's inevitable that some but not all of the regions will draw acceptable offers, so a smaller Adelphia could remain standing after all. The social centerpiece, of course, was Wednesday night's Walter Kaitz Foundation dinner, a very business-like affair that was a little lower on emotional impact than past editions, but more consistently on message and tight as a drum.


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