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Adelphia creditors agree to Time Warner, Comcast bid

Time Warner and Comcast have reached an agreement with the creditors of Adelphia Communications to buy the assets of the bankrupt cable carrier for $17.6 billion. Representatives of the two cable giants and Adelphia met yesterday with a bankruptcy court judge to discuss the asset transfer. New York Times, The (04/08), Los Angeles Times (04/08), Wall Street Journal, The (04/08)