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Old 10-16-2009, 04:02 AM
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Post News, Charter Communications expects to exit bankruptcy soon.

Charter Communications Inc. said it expects to emerge from bankruptcy proceedings in the next several weeks after a judge approved the No. 4 U.S. cable operator's plan to reorganize by reinstating $11.8 billion in debt.

U.S. Bankruptcy Judge James Peck in New York approved Charter's plan from the bench Thursday and must still issue a confirming order.

Charter Communications expects to exit bankruptcy soon -- latimes.com
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