Rigas Family Quits ABIZ

Publish date:

John, James, Michael and Tim Rigas resigned from the board of Adelphia
Communications Corp.'s bankrupt Adelphia Business Solutions (ABIZ) competitive
local-exchange carrier subsidiary.

ABIZ said the Rigas family quit in order to allow it to pursue Chapter 11
restructuring 'without the distractions resulting from the adverse publicity
surrounding the Rigas family's relationships with Adelphia.'