Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Magazine

Table: Tangled Finances


How the Rigas clan, owners of Adelphia Communications Inc., has tapped the cable company to bolster other family-owned properties*

OFF-BALANCE-SHEET PARTNERSHIPS

Adelphia co-signed for at least $2.3 billion in loans and credit lines to cable systems owned by the Rigas family and their business partners

DIRECT LOANS

Adelphia lent or advanced $263.1 million to Rigas family members and their partners to buy cable-television systems, and for additional "working capital"

LOANS TO THE BUFFALO SABRES

Adelphia lent $76.5 million to the Buffalo Sabres professional hockey team, which is owned by the Rigas family

* Partnership figures as of the end of 2001. All others as of the end of 2000

Data: Company documents


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus