Article: Court Approves Relocation of Adelphia Communications' Headquarters.

By Fred O. Williams, The Buffalo News, N.Y. Knight Ridder/Tribune Business News

Mar. 31--Adelphia Communications got court approval to pull its headquarters from its hometown in northern Pennsylvania on Friday.

U.S. Bankruptcy Judge Robert Gerber ruled that the cable company can lease space in a Denver suburb at an estimated cost of $825,000 a year, relocating its headquarters from Coudersport, Pa.

Adelphia's board approved the move in January, along with the hiring of ex-AT&T executive William Schleyer to run the company.

"A Denver location will enable Adelphia to assemble and attract a high-caliber management team ... to lead an ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!