<< Read Full Article
<< Read Full Article
1. Cable Crazies
Cablevision (CVC Quote) shot down its founding family's latest lark.
The Bethpage, N.Y., company's board rejected a buyout proposal from a group led by Chairman Charles Dolan and his CEO son, James. Tuesday's decision ended the Dolans' second run at the Long Island cable system operator in three years.
This latest go-round started back in October, when the Dolans offered to take Cablevision private in a $7.9 billion deal. The family, which controls three-quarters of the voting stock, stressed its desire to take a perspective "that is not constrained by the public markets' constant focus on short-term results." ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,464.40 | 1,110.63 | 2,176.05 | 32.79 |
Oil *
77.05
|
|
UP
30.69
|
UP
4.98
|
UP
6.87
|
DOWN
0.38
|
10 Yr
3.28%
SPDR Gold
116.62
|
|
+0.29%
|
+0.45%
|
+0.32%
|
-1.15%
|
Data delayed 20 minutes |
Connect with TheStreet