LIB2B.com Web News Archive

Cablevision to Purchase Long Island's Newsday for $650 Million (Bloomberg.com) - May 12 (Bloomberg) -- Cablevision Systems Corp. , the New York-area cable provider, agreed to buy 97 percent of Long Island's Newsday newspaper from Tribune Co. for $650 million.

Cablevision pays $650 million to buy Long Island-based newsaper Newsday (Minneapolis-St. Paul Star Tribune) - NEW YORK - Cablevision Systems Corp. says it is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million. Cablevision beat out media mogul Rupert Murdoch, CEO of News Corp., who withdrew his own $580 million bid on Saturday.

Cablevision buys Long Island newspaper (Daily Record) - NEW YORK (AP) -- Cablevision Systems Corp. is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million, the companies announced Monday.

Cablevision purchases Long Island newspaper for $650 million (San Diego Union-Tribune) - Cablevision Systems Corp. finalized a deal late yesterday for control of Newsday, a Tribune Co. newspaper in Long Island, N.Y., in a transaction worth $650 million that's set to be announced today.

News Corp. ends bid to buy Long Island newspaper Newsday (AP via Yahoo! News) - News Corp., the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid to purchase the Long Island paper Newsday, a News Corp. spokeswoman said Saturday.

The First of Long Island Corporation Announces Increase in Earnings for the First Quarter of 2008 (PrimeNewswire via Yahoo! Finance) - GLEN HEAD, N.Y., May 12, 2008 -- In the first quarter of 2008, The First of Long Island Corporation earned $.39 per share, or $2,857,000, as compared to $.34 per share, or $2,628,000, for the same quarter last year.

VAI Wins 2008 Long Island Software Award (Business Wire via Yahoo! Finance) - RONKONKOMA, N.Y.----VAI , a leader in enterprise solutions for the distribution, manufacturing, retail and service industries, and an IBM Premier Business Partner, today announced that the firm's S2K Manufacturing Management product has been selected as a 2008 Long Island Software Awards winner.

Gas tops $4 a gallon on Long Island (Newsday) - This weekend, several gas stations on Long Island began to post prices of more than $4 a gallon. And that's for the no-frills, regular, 87-octane stuff.

News Corp. ends bid to buy Long Island newspaper Newsday (Fort Worth Star-Telegram) - By DAVID B. CARUSO News Corp., the media conglomerate controlled by Rupert Murdoch, has withdrawn its bid to purchase the Long Island paper Newsday, a News Corp. spokeswoman said Saturday. The decision to revoke the offer came just days after Murdoch confidently predicted he would clinch a deal to buy the newspaper within a week. News Corp. had offered about $580 million for the daily ...

Long Beach Island municipalities united in opposition of mergers (Press of Atlantic City) - Town mergers are not a popular topic on 18-mile-long, 500-yard-wide Long Beach Island, which has six municipalities, six mayors, five police departments and a year-round population of just 8,500.