Cablevision not interested in Newsday

Cable television operator Cablevision Systems is not interested in buying Newsday from the Tribune Company, contrary to press reports, according to a player not to be named later. Several media outlets have said James Dolan, whose family controls Cablevision, is interested in acquiring the paper but that is not true. Separately, New York Daily News owner Mortimer Zuckerman, has made a bid for the Long Island daily newspaper, according to a separate unnamed source. Newsday, currently owned by Tribune, may be in talks with News Corp's Rupert Murdoch for a sale or a joint venture. Analysts have said Newsday could fetch between $350 million and $600 million and have speculated that News Corp could either buy Newsday outright, or form a joint venture that would allow Murdoch to combine the back-office operations of Newsday and the New York Post.
http://www.reuters.com/article/marketsNews/idUSN0940597520080409?feedTyp...