Entries tagged "MBO"
Following Rupert Murdoch's withdrawal from the Newsday Media Group auction, The New York Times reported Sunday that Wall Street was baffled as to why Cablevision System Corp.'s founding Dolan family would want to buy a newspaper. While the Times couldn't find an analyst who could offer a rationale for the deal, The Deal's senior writer Richard Morgan was able to drum up a few....
Cablevision Systems Corp. agreed May 12 to a $650 million deal for Tribune Co.'s Long Island, N.Y. newspaper Newsday, having defeated a $580 million bid by News Corp.'s Rupert Murdoch and marking the cabler's second deal in a week. ...
Dominant Cablevision of Long Island, N.Y., has long coveted the region's top newspaper.
