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AT HOME CORP. FILES FOR BANKRUPTCY

By Published on .

NEW YORK (AdAge.com) -- Nasdaq has halted trading in At Home Corp. following that company's decision to file for Chapter 11 bankruptcy protection Sept. 28, pending additional information from the company.

At Home Corp., which does business as Excite@Home, sold its broadband access service to AT&T Corp. for $307 million on Friday, virtually the only asset considered valuable in what was once a major content and Internet access company.

The company has also been looking to sell and shut other assets. It closed its MatchLogic ad management business and sold the Blue Mountain e-greetings business last month and has been looking for a buyer for the Excite.com portal

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