TITLE

More Delays for Time Warner Cable Offering

AUTHOR(S)
Farrell, Mike
PUB. DATE
January 2007
SOURCE
Multichannel News;1/29/2007, Vol. 28 Issue 5, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on U.S. District Judge Shira Scheindlin's decision to grant a group of bondholders at Adelphia Communications Corp. a stay of the implementation of the cable company's reorganization plan. Such move will result to the delay in the issuance of a separate Time Warner Cable stock for another five weeks. In addition to Scheindlin's ruling, she required a $1.3 billion of which 10 percent should be due within 24 hours.
ACCESSION #
24978064

 

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