Cablevision Looks Close to Newsday Deal
  • Read by 0 myFeedz user(s)
Newsday reports that Cablevision is near a deal with Tribune to buy...Newsday! The Bethpage-based company had bid $650 million, $70 million more than bids from both News Corp. and the Daily News owner Mortimer Zuckerman. It was widely believed that News Corp. would be able to close the deal. Tirbune and News Corp. seemed to an informal deal, and even...