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	<title>Observer &#187; Dolans Fail in Takeover Bid</title>
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		<title>Observer &#187; Dolans Fail in Takeover Bid</title>
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		<title>Dolans Fail in Takeover Bid</title>

		<comments>http://observer.com/2007/10/dolans-fail-in-takeover-bid/#comments</comments>
		<pubDate>Wed, 24 Oct 2007 19:40:30 -0400</pubDate>
					<link>http://observer.com/2007/10/dolans-fail-in-takeover-bid/</link>
			<dc:creator>John Koblin</dc:creator>
				
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		<description><![CDATA[<p>The attempt by Charles and James Dolan to take Cablevision private failed today. The media and sports giant <a href="http://home.businesswire.com/portal/site/home/index.jsp?epi-content=NEWS_VIEW_POPUP_TYPE&amp;newsId=20071024005915&amp;ndmHsc=v2*A1193223600000*B1193266835000*DgroupByDate*G3*J1*N1000837&amp;newsLang=en&amp;beanID=202776713&amp;viewID=news_view_popup">revealed</a> that shareholders had voted against the Dolans' bid to acquire the company for $36.25 per share in cash. </p>
<p>The <em>Times</em>' Dealbook <a href="http://dealbook.blogs.nytimes.com/2007/10/24/shareholders-vote-against-cablevision-buyout/index.html?ex=1350964800&amp;en=76ec46d6c0a49dea&amp;ei=5088&amp;partner=rssnyt&amp;emc=rss">blog reports:</a></p>
<div class="oldbq">
<p>The investor vote leaves Cablevision as an independent company and spells an end, for now, to two years of takeover efforts by the Dolans. Though Cablevision did not provide a breakdown of the vote, large shareholders, proxy advisory firms and analysts had expressed strong reservations about the offer.</p>
</div>
<p>The entities owned or operated by Cablevision include: Optimum, AMC, IFC, WE tv, Madison Square Garden, the <a href="/node/52948">New York Knicks,</a> Rangers and Liberty, Radio City Music Hall, the Beacon Theatre, and Clearview Cinemas. </p>
<p>&nbsp;</p>
<p>&nbsp;</p>
]]></description>
		<content:encoded><![CDATA[<p>The attempt by Charles and James Dolan to take Cablevision private failed today. The media and sports giant <a href="http://home.businesswire.com/portal/site/home/index.jsp?epi-content=NEWS_VIEW_POPUP_TYPE&amp;newsId=20071024005915&amp;ndmHsc=v2*A1193223600000*B1193266835000*DgroupByDate*G3*J1*N1000837&amp;newsLang=en&amp;beanID=202776713&amp;viewID=news_view_popup">revealed</a> that shareholders had voted against the Dolans' bid to acquire the company for $36.25 per share in cash. </p>
<p>The <em>Times</em>' Dealbook <a href="http://dealbook.blogs.nytimes.com/2007/10/24/shareholders-vote-against-cablevision-buyout/index.html?ex=1350964800&amp;en=76ec46d6c0a49dea&amp;ei=5088&amp;partner=rssnyt&amp;emc=rss">blog reports:</a></p>
<div class="oldbq">
<p>The investor vote leaves Cablevision as an independent company and spells an end, for now, to two years of takeover efforts by the Dolans. Though Cablevision did not provide a breakdown of the vote, large shareholders, proxy advisory firms and analysts had expressed strong reservations about the offer.</p>
</div>
<p>The entities owned or operated by Cablevision include: Optimum, AMC, IFC, WE tv, Madison Square Garden, the <a href="/node/52948">New York Knicks,</a> Rangers and Liberty, Radio City Music Hall, the Beacon Theatre, and Clearview Cinemas. </p>
<p>&nbsp;</p>
<p>&nbsp;</p>
]]></content:encoded>
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