The Dolan family Buys Cablevision for 7.9 billion
The Dolan family acquired Cablevision for 7.9 billion They plan to make it private to provide greater flexibility for strategic initiative and product development.
Under the terms of the agreement, Cablevision shareholders would receive US$27 per CVC share in cash which is 4.9% higher than the 2005 proposal. After the transaction closes, the Dolan family will own 100% Cablevision Systems Corporation.
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Under the terms of the agreement, Cablevision shareholders would receive US$27 per CVC share in cash which is 4.9% higher than the 2005 proposal. After the transaction closes, the Dolan family will own 100% Cablevision Systems Corporation.
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posted by Nycwave at 11:49 AM
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