Adelphia snags pricey Cleveland

December 1999
Multichannel News;12/13/99, Vol. 20 Issue 51, p1
Reports on Cablevision Systems Corp.'s agreement to sell its Cleveland, Ohio television operations to Adelphia Communications Corp. Purchase price; Other operations being offered for sale; Bidders for the Cleveland operation; Cablevision's use of proceeds from the sale to pay debts; Adelphia's assumption of more debt to finance the non-stock portion of the deal.


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