-
Created a local cable franchise
Pays $300 for a local cable franchise in Coudersport, PA -
Incorporated as Adelphia, Inc.
The company incorporates as Adelphia, from the Greek for “brother.” -
IPO
Adelphia goes public. -
Bought Buffalo Sabres
John Rigas pays $22 million for Buffalo Sabres -
Acquires Century Communication
Adelphia acquires Century Communications, FrontierVision Partners, and Harron Communications to become the No. 6 cable operator. -
Family members arrested
John, Michael, and Timothy Rigas are arrested on charges of fraud -
10-K footnote disclosure
Adelphia discloses it provided collateral for $2.3 billion in loans to the Rigases. -
Stock plummets
Stock plummets amid reports of financial scandal, Rigas family is forced out of the company. -
Files bankruptcy
Adelphia filed for bankruptcy-court protection. -
Key executives indicted
The Rigases, Brown, and Mulcahey are indicted on 23 federal counts of fraud and conspiracy.