Adelphia Is Finally Gone
Both of the local Denver papers ran good summary articles on the closing of the sale of Adelphia to Time Warner Cable and Comcast. This was a long and arduous process – when Adelphia went into bankruptcy there was some talk of a straight liquidation given how much of a mess the Rigas family and prior management had made of it. This has been a high profile deal in Colorado and both Time Warner Cable and Comcast have deep roots in the Colorado cable scene. If you follow this, both articles – DenverPost: Adelphia execs exit as sale finalized and RockyMountainNews: Adelphia’s assets now in hands of cable giants – are good descriptions of the end of this particular story.
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