Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Monday, October 15, 2007

Opposition to Cablevision LBO Grows

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.

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