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October 26, 2006

Comcast’s profits way up, boosted by Adelphia’s assets

PHILADELPHIA — Comcast Corp., the nation's biggest cable TV company, said today its profit soared in the third quarter, bolstered by its acquisition of a former rival's cable assets. But excluding the gain related to the Adelphia Communications Corp. purchase and asset swap that closed this summer, Comcast's profit more than doubled from a year ago while revenue climbed 22 percent from a year

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