Largest shareholder balks as family declines to increase offer
(Newser) -
The Dolan family bid to take Cablevision private is on the verge of collapse, the
New York Times reports, after James Dolan announced last night that the $10.6 billion bid won't be upped, and the company’s largest shareholder balked. ClearBridge Advisors, which owns 13.6% of shares, threatened...
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