New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
February 9, 2016
11:47 EDTCVCCablevision volatility flat into Q4 and update on Altice deal
Subscribe for More Information
February 8, 2016
06:47 EDTCVCNYC increases negative rhetoric over possible Altice, Cablevision deal, WSJ says
New York City is increasing its negative commentary of Altice's (ATCEY) proposed acquisition of Cablevision (CVC), the Wall Street Journal reported Friday, citing a filing with the state's regulator the New York Public Service Commission. According to the filing, the city said it has "serious concern" over the $10B proposed transaction and that it raises "key public interest questions," the report says. The city won't make a formal decision on the proposed transaction until early spring, the report says. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use