Former Charter Communications Inc. CEO Jerry Kent is working with five
East Coast private-equity firms in hopes of buying some Adelphia Communications
Corp. systems, according to the St. Louis Business Journal.
wanted to make sure we had several billion dollars of capital
before we moved ahead with our plan,' Kent told the paper.
' Unfortunately, Adelphia continued to spiral into bankruptcy before we
could make a purchase.'
Kent wouldn't name the firms that are supplying