February 07, 2013 at 16:43 PM EST
Cablevision and the Success of Spinoffs
Cablevision Systems‘ (CVC) stock closed up 5.6% today after news that it is close to selling regional cable provider Optimum West to Charter Communications (CHTR). Cablevision serves about 3 million subscribers in New York, New Jersey, Connecticut and parts of Pennsylvania. The Bethpage, New York-based company began exploring a sale of the Bresnan business after [...]
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