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Cablevision Going Private to Dolan Family

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According to Bloomberg, Cablevision just agreed to be taken private by the Dolan family for $10.6 billion in cash, capping their two-year effort to buy the company. The Dolans will pay $36.26 a share, compared with a $30 bid rejected in January, the Bethpage, New York-based company said today in a statement. The price is 11 percent more than yesterday's close.

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