27.03.2009 17:05 Uhr, Quelle: MacNN

Charter files for Chapter 11 bankruptcy

Charter today said it had filed for Chapter 11 bankruptcy. The anticipated move will see the cable and Internet provider restructure itself under a plan that it had already established ahead of the actual filing to recover its operations. Under the efforts, Charter expects to eliminate about $8 billion of debt and won't require that debtors finance the company to keep it running. Microsoft co-f

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