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July 25, 2008 5:58:09 PM CDT


Stories related to: Cablevision

Stories

10 Stories

  • May 2008
    • Cablevision Buys Newsday

      Cablevision Buys Newsday

      Cablevision will pay Tribune Co. $650 million for Newsday , the companies said this morning. The cable operator's bid for the Long Island daily and its free offshoot amNew York topped $580 million offers from New York Daily News owner Mortimer Zuckerman and News Corp., reports the Wall Street Journal. More »

      Tags

      Rupert Murdoch   newspaper   Newsday   Cablevision   Mortimer Zuckerman

    • Murdoch Drops Newsday Bid

      Murdoch Drops Newsday Bid

      Rupert Murdoch has dropped his $580 million bid for Newsday . Cable operator Cablevision has offered $650 million for the Long Island daily, and Murdoch’s News Corp. said a higher bid would be “uneconomical.” The media tycoon’s dropout was unexpected, Reuters says, considering Murdoch recently told investors a deal was nearly done. A $580 million bid from Mortimer Zuckerman, owner of the rival Daily News , remains on the table. More »

      Tags

      Rupert Murdoch   News Corp   Tribune Company   Sam Zell   Newsday   Cablevision   Mortimer Zuckerman

  • April 2008
    • Daily News Owner Makes Newsday Bid

      Daily News Owner Makes Newsday Bid

      Daily News owner Mort Zuckerman has matched Rupert Murdoch's bid for Newsday , the New York Times reports—but didn't go a penny over the $580 million the New York Post owner offered. Instead Zuckerman claimed his bid is the better one because, unlike Murdoch's, it doesn't run the risk of running into an FCC tripwire. More »

      Tags

      Rupert Murdoch   FCC   Tribune Company   Sam Zell   Newsday   Cablevision   New York Post   Mortimer Zuckerman   New York Daily News

    • The Garden to Get a New Look

      The Garden to Get a New Look

      Madison Square Garden is getting a  $500-million overhaul. After pulling out of a plan to build a new arena as part of a new Penn Station project a few blocks away, Cablevision, the Garden's owners, unveiled a renovation plan yesterday.  The work is slated to start next spring and be done during the summers,  finishing by the 2011-2012 NBA and NHL seasons. The Liberty will have to relocate, but the Knicks and Rangers will stay put. More »

  • October 2007
    • Dolans Lose Buyout Bid for Cablevision

      Dolans Lose Buyout Bid for Cablevision

      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 valued the company, which also owns the Knicks, Rangers, Madison Square Garden, and Radio City Music Hall, at as much as $50 per share. More »

      Tags

      cable TV   James Dolan   Cablevision

    • Dolan Deal for Cablevision Is on the Rocks

      Dolan Deal for Cablevision Is on the Rocks

      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 to vote against the $36.26 a share offer next week, joining other dissenting institutional investors. More »

      Tags

      James Dolan   Cablevision

    • Knicks' Sex Harass Loss Threatens Dolan Deal

      Knicks' Sex Harass Loss Threatens Dolan Deal

      Yesterday's $11.6 million sex harassment judgment against the New York Knicks was not only mortifying for the team, it could undermine the Dolan family's plan to privatize Cablevision, the media giant that owns it, the Wall Street Journal reports. The decision against head coach Isiah Thomas came just three weeks before a vote by Cablevision shareholders on the Dolans' $10.6 billion proposal. More »

      Tags

      basketball   New York Knicks   Isiah Thomas   Cablevision

  • May 2007

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