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July 24, 2008 1:44:19 PM CDT

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Stories related to: Mortimer Zuckerman

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5 Stories

  • May 2008

    • Cablevision Buys Newsday

      newser  |  Wall Street Journal  |  May 12, 08 8:07 AM CDT

      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

      newser  |  Reuters  |  May 10, 08 1:44 PM CDT

      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
  • March 2008

    • Newsday Sale Another Bad Sign in Teetering Industry

      newser  |  New York Times  |  Mar 24, 08 11:07 AM CDT

      Newsday Sale Another Bad Sign in Teetering Industry

      Just last year, Sam Zell was optimistic enough about newspapers to buy the Tribune Company. Now he’s selling Newsday , one of the conglomerate’s top publications. “The news business is something worse than horrible,” he said recently. Across the industry, gung-ho new owners like Zell are experiencing buyer’s remorse, David Carr writes in the New York Times . More »

      Tags

      Rupert Murdoch  • newspaper  • Tribune Company  • Sam Zell  • Newsday  • Mortimer Zuckerman  • Gannett  • Avista Capital Partners

    • Zell Might Sell Newsday

      newser  |  New York Times  |  Mar 20, 08 9:44 PM CDT

      Zell Might Sell Newsday

      Falling ad revenues could push Sam Zell's Tribune Company to sell Newsday , the Long Island newspaper with the 10th-highest circulation in the nation, the New York Times reports. Among those interested are Rupert Murdoch, who already owns the New York Post . Also in the running are the owner of the Daily News and the family that runs Cablevision. Tribune announced yesterday it lost $78 million in the fourth quarter. More »

      Tags

      Rupert Murdoch  • News Corp  • Tribune Company  • Sam Zell  • ad revenue  • Newsday  • New York Post  • Mortimer Zuckerman

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