Dolan Family Gets Cablevision Back

For $23 Billion, Company Goes Private Again

By Andrew Hampp

Published: May 03, 2007

NEW YORK (AdAge.com) — Fourth time’s the charm for the Dolan family, which has finally got its deal to buy Cablevision Systems, the company it founded in 1973. The deal is worth more than $10.5 billion in cash, and with debt amounts to a total price of about $23 billion. This is the Dolan family’s fourth attempt at buying the company from its public shareholders. However, the deal still needs to be approved by those shareholders.Read the whole article