Monday, October 15, 2007
Both proxy adviser ISS Governance Services and Mario Gabelli's Gamco Investors (owners of 8% of the shares) announced their opposition to the Dolan family's plan to take Cablevision private, saying the $36.26 price is too low. The Dolans have been attempting to take the company private since 2005. The shareholders meeting is scheduled for Oct. 24. WSJ, Cablevision Offer Meets New Opposition.