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Wednesday, June 26, 2002 | 9:49 a.m.
PHILADELPHIA -- Adelphia Communications' long-awaited bankruptcy filing was greeted by analysts as a chance for the nation's sixth largest cable television company to keep operating while it tries to unsnarl its finances and get mounting debt under control.
Adelphia and more than 200 subsidiaries filed for Chapter 11 bankruptcy protection Tuesday in U.S. Bankruptcy Court in New York, a week after the company missed $96 million in bond interest and preferred stock dividend payments.
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