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Charter bankruptcy looming? subsidiaries misses debt payment

Two of Charter Communications’ subsidiaries announced that they’ve missed interest payments totalling $73 million due today.  As posted earlier, the company is weighed down by $21 billion worth of debt.  Is a Chapter 11 filing on its way?

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This entry was posted on January 15, 2009 at 6:31 pm and is filed under Company News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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