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Short Take: RCN files $1 billion mixed shelf

RCN, an East Coast Internet service provider, has filed a "shelf" registration with the Securities and Exchange Commission to sell up to $1 billion in debt securities, common, or preferred stocks. RCN has two years to make the equity available. RCN recently consolidated its various ISPs under the RCN.com brand.

RCN, an East Coast Internet service provider, has filed a "shelf" registration with the Securities and Exchange Commission to sell up to $1 billion in debt securities, common, or preferred stocks. RCN has two years to make the equity available. RCN recently consolidated its various ISPs under the RCN.com brand.