Cablevision Nearing Sale To Founding Dolan family For $10.5 Billion Cash, Debt Assumption: Report
By Staci D. Kramer - Tue 01 May 2007 03:43 PM PST
Dealbook is reporting that the Dolans are on the verge of finally taking Cablevision private. The total price tag: nearly $23 billion including debt. The board is meeting to finalize details but, as those of us who have covered CVC over the years know, the deal could collapse or an announcement could come within hours. We’ll keep you posted.
-- From the peanut gallery via IM: “The only thing left to happen today is for Barry Diller to buy a high-profile company.” Anyone at IAC have something to share?
Posted in: Entertainment, Sports, Media, TV, Cable & Telecom, VC+M&A
