Senior lenders should back a plan for complete liquidation of Charter. It's the only way to stop this game that's going on where vultures have found their way to the front of the line. Sell it all off to Comcast, TW or anyone who is capable of keeping the infrastructure intact as a going concern. Equity companies sure as hell are not interested in that, their long-term vision is three years and out.
Looks like the "equity companies" will NOT be in control .... copied from the link ... "Under the loan agreements, any group could not have more than a 35 percent stake in Charter, but Peck (the Judge) argued that funds did not constitute a group or syndicate acting together." ... so basically the "funds" or "equity companies" will NOT have control over Charter to do whatever they want.
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