You need to register to read the article and at least it's a non-AP article. Not too long and not much added that we didn't already know except for a nice little quote regarding the reason for James Dolan's probable obstinance towards daddy's desire to sell Cablevision to continue funding Voom.
---------------------------------------------------
Analysts said the new board members were unlikely to fund Voom, which is in the process of closing down. But the new board might allow the elder Dolan, Cablevision's controlling shareholder, to personally buy Voom's remaining assets. To do that, he would probably push to sell the company.
"Maybe Jimmy doesn't want that because he'd be out of a job," said Richard Greenfield, an analyst at Fulcrum Global Partners.
---------------------------------------------------
http://www.latimes.com/business/la-fi-cablevision3mar03,1,3585112.story?coll=la-headlines-business
---------------------------------------------------
Analysts said the new board members were unlikely to fund Voom, which is in the process of closing down. But the new board might allow the elder Dolan, Cablevision's controlling shareholder, to personally buy Voom's remaining assets. To do that, he would probably push to sell the company.
"Maybe Jimmy doesn't want that because he'd be out of a job," said Richard Greenfield, an analyst at Fulcrum Global Partners.
---------------------------------------------------
http://www.latimes.com/business/la-fi-cablevision3mar03,1,3585112.story?coll=la-headlines-business
