The Roulette Rebel: Adelphia Sale Still Pending

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Adelphia Sale Still Pending

1 comments | Monday, February 28, 2005

Adelphia Communications is having a hard time selling its assets. The $17.6 Billion dollar company wants to sell it’s whole operation for cash, not just as a cash and stock option buyout. The companies that had interest in the company, Time Warner and Comcast, are willing to purchase the fifth largest cable operation, but negotiations continue, no deal has been struck yet.

posted by joshhatcher

at 6:08 AM Permalink

1 Comments:

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