Cablevision Set to Raise the Stakes in Newsday Bidding

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 Cablevision Set to Raise the Stakes in Newsday Bidding  Links1
 Cablevision Set to Raise the Stakes in Newsday Bidding
Cablevision is preparing a $650 million offer for Newsday, while the owners of The New York Observer have dropped out of the bidding. [link]

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Newsday Slipping From Murdoch's Clutches [Newsday]
Published 5/1/2008 by Ryan Tate at Gawker
... and Mortimer B. Zuckerman... Executives... interested in Newsday said they learned over the last month that printing, trucking and subscription operations were more troubled and inefficient than they knew. Paradoxically, that has persuaded them that the paper was worth more... 'These are problems that can be fixed, so there’s a lot of room for improvement,' one executive said." [Times] ...

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