mergers & acquisitions

After Years of Turmoil, Newsday Prepares for Another Owner

Stevie Converse — Tue, 27 May 2008 10:53:32 -0700

Not so long ago, Newsday belonged to the front rank of American journalism. It reached far beyond its original role as chronicler of Long Island, covered news worldwide, undertook big reporting projects and even had the audacity to take on the New York City market.

Cablevision: Newsday Buy Is a 'Wonderful Fit'

Stevie Converse — Fri, 23 May 2008 08:35:39 -0700

As it awaits a regulatory review of the pending purchase of Newsday, Cablevision Systems Corp. yesterday called the deal a "wonderful fit" to mostly supportive shareholders but lost patience with one who begged to differ.

CBS to Buy CNet for $1.8 Billion

Stevie Converse — Thu, 15 May 2008 09:23:51 -0700

CBS Corp. agreed to acquire CNET Networks Inc. for about $1.8 billion, just as the technology-focused online news provider's battle with dissident shareholders was heating up.

Despite Economy, Mergers and Acquisitions Activity Thrives

Stevie Converse — Wed, 02 Apr 2008 07:49:29 -0700

Mergers and acquisitions proceeded at a healthy clip in the first quarter of 2008 -- even with the economy looking shaky, according to figures from the Jordan, Edmiston Group, Inc., an investment bank which helps broker deals and also tracks buyouts in the media world.