Charter Communications files for bankruptcy | Paul Allen
Tthis one is of interest because of the involvement of Paul Allen, Gates former partner at Microsoft. Generally speaking cable and telco’s typically have high debt, and could be next in line for problems in this crisis. Charter Communications files for bankruptcy Charter Communications Inc. (CHTR) filed for Chapter 11 bankruptcy protection, which the heavily leveraged cable-television operator has previously said it would do as part of a debt-reduction agreement with some of its creditors. Charter, controlled by Microsoft Corp. (MSFT) co-founder Paul Allen, said last month it would file for bankruptcy protection by April 1 as part of an … Continue reading Charter Communications files for bankruptcy | Paul Allen
