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Zuckerman said to be reformulating his Newsday offer

Newsday | Huffington Post Mort Zuckerman plans to match the tax-avoidance mechanisms of Rupert Murdoch's bid. The New York Daily News owner realizes he "has to be able to do the same magic" of helping Tribune Co. chief Sam Zel...
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Cablevision submits its $650 million bid for Newsday

Media / Media Industry News : Romenesko (5 years ago)

Newsday Tribune is now expected to give Rupert Murdoch and Mort Zuckerman an opportunity to revisit their $580 million bids. A source says Tribune CEO Sam Zell "doesn't want the grass to grow on this thing -- but he also is gla... Read Post

Cablevision Bids $650 Million For Newsday; Murdoch Won't Match: Reports

Media / Media Industry News : paidContent.org (5 years ago)

Offering to outspend Rupert Murdoch and Mort Zuckerman by $70 million to acquire Newsday from Tribune Co., Cablevision Systems Corp (NYSE: CVC). has formally bid $650 million, according to the paper's sources. The two publishers w..... Read Post

Zuckerman Bids $580 Million For Newsday; Matches Murdoch

Media / Media Industry News : paidContent.org (5 years ago)

Mort Zuckerman, the owner of the New York Daily News and U.S. News and World Report, has offered $580 million to acquire Newsday from Tribune, matching a bid earlier this week by News Corp (NYSE: NWS). As NYT points out, Zuckerman i... Read Post


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