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Stock Market & Financial Investment News

News Breaks
March 20, 2013
10:44 EDTCVCAlbert Fried believes a Cablevision takeover is possible
Albert Fried & Company believes a takeover of Cablevision (CVC) is possible over the next 12 to 18 months if the company divests certain assets such as Clearview Cinemas, Newsday, and developmental businesses such as New Chanel 12 and MSG Varsity, which combined generated $299M in operating loses in 2012. The firm believes the recent investment in Charter Communications (CHTR) will pressure Cablevision's management to create shareholder value given stock underperformance. Shares of Cablevision are Overweight rated with a $20 price target.
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October 17, 2014
08:00 EDTCVCHBO may have fight with cable operators over OTT service price, Reuters says
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