International Business News - Newsday http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Cablevision Systems Corp. said Tuesday it closed its $650 million purchase of the Long Island-based newspaper Newsday from Tribune Co. The company agreed in May to buy 97 percent of Newsday Media Group, leaving the remainder with Tribune to give that company a more favorable tax treatment than an outright sale would. http://www.ibtimes.com/articles/20080729/cablevision-closes-newsday-purchase-from-tribune.htm Tue, 29 Jul 2008 16:21:03 EDT Tribune Co.'s $650 million sale of Newsday is an important step toward alleviating its debt burden _ for this year. Now the Chicago company needs to move on its next big asset sales, including the Chicago Cubs baseball team and Wrigley Field, in order to meet its obligations to creditors looming in 2009. http://www.ibtimes.com/data/articleimgs/45650-cablevision-newsday.jpg http://www.ibtimes.com/articles/20080512/tribunes-newsday-deal-is-one-step-in-easing-debt.htm http://www.ibtimes.com/articles/20080512/tribunes-newsday-deal-is-one-step-in-easing-debt.htm Mon, 12 May 2008 16:37:16 EDT Tribune Co. sealed a deal to sell its Long Island newspaper Newsday to Cablevision Systems Corp. for $650 million, the companies said on Monday. http://www.ibtimes.com/articles/20080512/cablevision-newsday-tribune-news-corp-murdoch.htm Mon, 12 May 2008 13:57:01 EDT Cablevision Systems Corp. says it is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million. Cablevision beat out media mogul Rupert Murdoch, CEO of News Corp., who withdrew his own $580 million bid on Saturday. New York Daily News owner Mortimer Zuckerman had also bid $580 million. http://www.ibtimes.com/articles/20080512/cablevision-buys-newsday-from-tribune-for-650m.htm Mon, 12 May 2008 08:35:49 EDT Cablevision Systems Corp. says it is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million. Cablevision beat out media mogul Rupert Murdoch, CEO of News Corp., who withdrew his own $580 million bid on Saturday. New York Daily News owner Mortimer Zuckerman had also bid $580 million. http://www.ibtimes.com/articles/20080512/cablevision-buys-newsday-from-tribune-for-650-million.htm Mon, 12 May 2008 08:15:40 EDT Cablevision Systems Corp. is close to buying the Long Island newspaper Newsday from Tribune Co. for $650 million, a person with knowledge of the situation said Sunday. http://www.ibtimes.com/data/articleimgs/45440-newsday-murdoch.jpg http://www.ibtimes.com/articles/20080511/person-close-to-talks-cablevision-close-to-buying-newsday.htm http://www.ibtimes.com/articles/20080511/person-close-to-talks-cablevision-close-to-buying-newsday.htm Sun, 11 May 2008 22:04:26 EDT A person with knowledge of the situation says cable TV provider Cablevision Systems Corp. is close to buying the Long Island newspaper Newsday from Tribune Co. for $650 million. http://www.ibtimes.com/articles/20080511/person-close-to-talks-cablevision-close-to-getting-newsday.htm Sun, 11 May 2008 18:05:07 EDT News Corp., the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid to purchase the Long Island paper Newsday, a News Corp. spokeswoman said Saturday. http://www.ibtimes.com/data/articleimgs/45340-newsday-murdoch.jpg http://www.ibtimes.com/articles/20080511/news-corp-ends-bid-to-buy-long-island-newspaper-newsday.htm http://www.ibtimes.com/articles/20080511/news-corp-ends-bid-to-buy-long-island-newspaper-newsday.htm Sun, 11 May 2008 06:23:22 EDT A spokeswoman for Rupert Murdoch's News Corp. says the media conglomerate has withdrawn its bid to purchase Newsday. The decision to revoke the offer Saturday comes just days after Murdoch confidently predicted he would clinch a deal to buy the Long Island newspaper within a week. http://www.ibtimes.com/articles/20080510/news-corp-withdraws-bid-to-buy-ny-newspaper-newsday.htm Sat, 10 May 2008 15:11:44 EDT Rupert Murdoch's News Corp. has withdrawn its bid to buy Tribune Co's Newsday newspaper, the Wall Street Journal reported on its website on Saturday, citing people familiar with the matter. http://www.ibtimes.com/data/articleimgs/45234-rupert-murdoch.jpg http://www.ibtimes.com/articles/20080510/news-corp-withdraws-newsday-bid-cablevision.htm http://www.ibtimes.com/articles/20080510/news-corp-withdraws-newsday-bid-cablevision.htm Sat, 10 May 2008 13:27:22 EDT Rupert Murdoch's News Corp., which had appeared close to a deal to buy Newsday, doesn't plan to raise its bid for the Long Island newspaper despite a higher offer from Cablevision Systems Corp., a person familiar with the matter said Friday. http://www.ibtimes.com/articles/20080502/ap-source-says-murdoch-wont-raise-bid-for-newsday.htm Fri, 02 May 2008 20:19:50 EDT Cablevision Systems Corp. plans to make an offer of up to $650 million to acquire Newsday from Tribune Co., The Wall Street Journal reported Wednesday in its online edition. http://www.ibtimes.com/articles/20080430/report-cablevision-plans-to-bid-for-newsday.htm Wed, 30 Apr 2008 21:37:39 EDT The owner of the New York Daily News offered $580 million to acquire Newsday from Tribune Co., matching a bid earlier in the week by Rupert Murdoch's News Corp, The Associated Press was told. http://www.ibtimes.com/articles/20080425/ap-told-zuckerman-submits-580-million-bid-for-newsday.htm Fri, 25 Apr 2008 18:48:45 EDT The owner of the New York Daily News offered $580 million to acquire Newsday from Tribune Co., matching a bid earlier in the week by Rupert Murdoch's News Corp, The Associated Press was told. http://www.ibtimes.com/articles/20080425/daily-news-zuckerman-submits-580-million-bid-for-newsday.htm Fri, 25 Apr 2008 18:34:53 EDT The owner of the New York Daily News has offered $580 million to acquire Newsday from Tribune Co. The bid is equal to an offer made earlier in the week by Rupert Murdoch's News Corp. A News Corp. company spokeswoman has declined to comment on the report. http://www.ibtimes.com/articles/20080425/zuckerman-bids-580-million-for-tribunes-newsday.htm Fri, 25 Apr 2008 18:17:56 EDT With Rupert Murdoch closing in on owning his third New York-area newspaper, opposition is emerging from consumer groups to potentially more concentration of ownership in the nation's media capital. http://www.ibtimes.com/articles/20080424/consumer-groups-oppose-murdochs-bid-for-newsday.htm Thu, 24 Apr 2008 15:52:46 EDT Rupert Murdoch is edging closer to owning Newsday, a deal that could help stem losses at his New York Post tabloid by combining production operations, people familiar with the matter said Tuesday. http://www.ibtimes.com/articles/20080422/sources-murdoch-closing-in-on-deal-for-newsday-for-580m.htm Tue, 22 Apr 2008 18:06:11 EDT Rupert Murdoch is close to sealing a deal to buy Newsday from Tribune Co. for about $580 million, a person familiar with the matter said Tuesday. A deal, long rumored to be in the works, would put Long Island, N.Y.-based Newsday, the New York Post and The Wall Street Journal all under Murdoch's News Corp. media conglomerate. http://www.ibtimes.com/articles/20080422/source-murdoch-closing-in-on-deal-for-newsday-for-580m.htm Tue, 22 Apr 2008 10:40:11 EDT Three New York-area media magnates are considering a bid for Newsday, one of the largest newspapers owned by Tribune Co., according to published reports Friday. http://www.ibtimes.com/articles/20080321/tribune-said-to-consider-sale-of-newsday.htm Fri, 21 Mar 2008 10:51:38 EDT A federal judge delayed the sentencing on Thursday of seven people charged in a scheme to boost circulation figures at Newsday and the Spanish-language publication Hoy, saying the stiff prison time sought by prosecutors would be inappropriate. http://www.ibtimes.com/articles/20071220/judge-puts-off-newsday-sentencing.htm Thu, 20 Dec 2007 20:17:39 EST