COLD temperatures and occasional flurries and light snow will prevail today for much of Southern Colorado. Heaviest and most persistent snow showers will remain in the mountains. Watch out for some icy spots on the roads too and don't expect much melting... highs will only climb to the teens and 20s today... For complete details click on the 'Weather' tab!
The fate of the scandal-plagued, bankrupt cable television company Adelphia Communications Corporation is one step closer to resolution.
Time Warner Incorporated and Comcast Corporation will purchase Adelphia's assets in a 17-point-six (b) billion cash-and-stock deal.
Under terms of the multipart buyout deal, Time Warner and Comcast will divide Adelphia's assets, with Philadelphia-based Comcast gaining one-point-eight (m) million subscribers and New York-based Time Warner getting three-point-five (m) million.
Adelphia C-E-O Bill Schleyer says the company's Colorado Springs customers will be folded into Comcast.
Schleyer says most employees will retain their jobs, but with Adelphia's headquarters in surburban Greenwood Village will close, likely causing layoffs.