Business Services Industry
Comcast CEO Expresses Interest in Adelphia Acquisition.
Knight Ridder/Tribune Business News, April, 2004
By Christopher Boyd, The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News
Apr. 29--Comcast Corp. may be done with Walt Disney Co., but speculation is already flying in the cable industry that the company's acquisitive chief executive will soon make a play for another company.
Comcast CEO Brian Roberts is considered one of the media industry's most adept deal makers and his company is flush with cash. Even as the cable industry giant withdrew its Disney offer Wednesday, Roberts told investors during a conference call that he is interested in Adelphia, the bankrupt cable company that is seeking a buyer.
Whatever Comcast's next move, its decision to dump the Disney offer ended two months of uncertainty that hammered Comcast's...
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