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Since our company’s founding, the country has been tested through many good and many difficult economic conditions. Whatever the challenge, Solarus has remained financially sound and continues to provide our customers with the products and services they depend on. We were in operation before, during and after the Great Depression; weathered two World Wars and over a dozen recessions. From our solid financial management track record, you can rest assured Solarus will be here to provide for your digital home entertainment needs today, and into the future. Our sound financial practices also position us to offer you competitive prices for your services.
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The St. Louis-based cable company is currently involved in Chapter 11 bankruptcy. The company issued a statement that it is continuing to negotiate with its bondholders. Co-founder Paul Allen has seen his massive $7 billion investment in Charter Communications all but vanish. Charter was Allen’s biggest investment after he left Microsoft in 1983. He is Charter’s chairman and holds a 51 percent stake in the company. But the stock is now 8 cents per share, down from an all-time high of $27.75 reached a few days after its initial public offering in 1999.1
Charter playing banks against bondholders?
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