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Time Warner Cable IPO

Shares are being sold in the Adelphia deal.
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Time Warner Cable filed for a $100 million initial public offering Wednesday, according to media reports.

The class A shares of the

Time Warner

(TWX)

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unit are being sold by bankrupt cable operator Adelphia, which Time Warner and

Comcast

(CMCSA) - Get Comcast Corporation Class A Report

divvied up last month.

Time Warner Cable said it intends to list its stock on the New York Stock Exchange under the symbol TWC.