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Keyword: davidboies

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  • Adelphia may have inflated cable customer total

    06/07/2002 12:47:53 PM PDT · by buzzyboop · 13 replies · 1,566+ views
    Pittsburgh Post-Gazette ^ | June 07, 2002 | Associated Press
    PHILADELPHIA -- Adelphia Communications apparently overreported its cable television subscribers by about 358,000 by including all the customers in joint ventures it owns only a portion of, an analyst said. Aryeh Bourkoff, a fixed-income analyst at UBS Warburg, also issued a client update today citing "the very high likelihood of a near-term bankruptcy filing" by the nation's sixth-largest cable company. Adelphia's board met today at attorney David Boies' office in New York, a secretary at the office said. Adelphia officials wouldn't comment on the meeting or a potential bankruptcy filing, said a spokesman, Eric Andrus. Adelphia officials also declined comment...