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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.
News For CVC From The Last 14 Days
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November 16, 2015
06:16 EDTCVCAltice targeting NYC internet expansion for Cablevision, NY Post reports
Altice (ATCEY), which sees its takeover of Cablevision (CVC) closing next year, is in discussions over expanding the cable company's fiber optic network to tis 3.1M customers in the New York City area, the New York Post reports. Altice has held talks with the New York City Department of Information Technology and the Public Service Commission, noting the company's progress in developing high-speed service in France and Portugal, the report says. Reference Link

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