Will Bad Press for The Dolans' Affect Cablevision's Privatization?
The judgment against Cablevision couldn’t have come at a worse time for the Dolan family, which now finds itself caught in the media crosshairs. There have been questions in the past as to whether the majority of the outstanding owners of Cablevision Class A common shares would support the Dolan family privatization deal. The verdict raises questions at least, even as the share price is only slightly lower. From The Wall Street Journal:
”In the past, the Dolans might have shrugged off negative publicity from tawdry revelations about Knicks players’ behavior and the at-times damaging testimony by the Cablevision CEO.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in