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Allen to sell Charter shares
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| Charter officials have said that Allen, co-founder of Microsoft Corp.
| (NASDAQ: MSFT) and owner of the Portland Trail Blazers, will retain 35
| percent voting control of the company, down from 91 percent. And his 51
| percent stake in shares will drop to 3 percent.
|
| Charter filed for Chapter 11 bankruptcy Friday in an effort to reduce its $21
| billion debt by $8 billion.
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http://triangle.bizjournals.com/triangle/othercities/portland/stories/2009/03/30/daily26.html
Charter Communications files for bankruptcy
http://www.theregister.co.uk/2009/03/30/charter_communications_chapter_11/
Judge approves Charter Communications motions
http://www.forbes.com/feeds/ap/2009/03/30/ap6231907.html
Allen's Charter Comms may run afoul of lawsuits
http://uk.reuters.com/article/technology-media-telco-SP/idUKN0145208620090401
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