Cablevision to go private

The Dolan family have decided to buy out Cablevision for a bid of $10.6 billion, which founded and currently controls the company.

Earlier this week, Cablevision sold off its stakes in FSN New England and FSN Bay Area to Comcast.

Cablevision owns the MSG Network and FSN New York as well as the New York Knicks and New York Rangers.

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