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Dolans Lose Buyout Bid for Cablevision

Investors nix plan to take company private; offer too low

By Jim O'Neill, Newser User

Posted Oct 24, 2007 1:22 PM CDT

(Newser) – Cablevision shareholders today rejected a bid by the Dolans, the company's founding family, to take the Long Island-based cable provider private. The family offered $10.6 billion, or $36.26 a share, below what major investors felt was the firm's value, the AP reports. Analysts... Read full story »

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Dolans Lose Buyout Bid for Cablevision

Investors nix plan to take company private; offer too low

cable TV • Cablevision • James Dolan

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