Cablevision shareholders voted down a $10.6 billion buyout offer from the Dolan family, Cablevision’s leading shareholders, in the largest rejection of a buyout effort on record. Several large shareholders had come out against the deal before the voting began, arguing that the Dolans’ offer of $36.26 a share was too low. (The New York Times, free registration required)
The Bottom Line
October 25, 2007
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