1.0 link 101531 http://www.huffingtonpost.com/marvin-kitman/why-cablevision-bought-ne_b_101531.html Wall Street is baffled by Cablevision's apparent purchase of Newsday, beating out two passionate newspaper proprietors, both of whom lusted for the Long island newspaper. Mort Zuckerman of the New York Daily News and Rupert Murdoch of the New York Post were willing to pay a cheesy $580 million for the prize, but the Dolan family's Cablevision bid $70 million more. The Dolans, father Charles and son James, are co-emperors of a mixed-media empire, with even less experience in the...

]]> 2008-05-21T05:12:00-04:00