Entries tagged "Dolan family"
Despite regular speculation about Cablevision asset sales, the company has not hired a bank since longtime adviser Bear Stearns collapsed last year.
After CEO Jim Dolan's recent announcement that Cablevision Systems Corp. will consider share buybacks, dividend payments and asset spinoffs, Pali Capital Inc. analyst Richard Greenfield reports that management of the cable and entertainment house will meet with shareholders....
The Dolan family is at it again. It announced a restructuring of Cablevision Systems Corp. that could include a sale of assets, but the news release made no mention of hiring an investment bank to help in the review process. Traditionally, the Dolans have tapped the Bear Stearns Cos. as a financial adviser -- more specifically Alan Schwartz and his media team. However, Bear Stearns is now a part of J.P. Morgan Chase & Co., and Schwartz remains at large, considering his future. So who will win Cablevision's business? ...
