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Archive Home > 2008 > May > 13 > Cablevision acquires Newsday for $650M

Cablevision acquires Newsday for $650M


May 13, 2008

NEW YORK — Cablevision Systems Corp. is buying the Long Island-based newspaper Newsday from Tribune Co. in a deal valued at $650 million, the companies announced Monday. Cablevision beat out media mogul Rupert Murdoch, CEO of News Corp., who withdrew his own $580 million bid on....

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