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Tuesday, March 31, 2015

Market Chatter- Corporate finance press digest, (NYSE: CVC)

The following corporate finance-related stories were reported by media:* U.S. cable T.V. operator Cablevision Systems Corp is planning to make an offer for the New York Daily News as early as this week, valuing the troubled tabloid at just $1, according to a person familiar with the matter.

Cablevision Systems Corporation (Cablevision) through its subsidiary CSC Holdings, LLC (CSC Holdings, and collectively with Cablevision) and their subsidiaries operates in the United States based on the number of video customers. Shares of CVC traded higher by 2.21% or $0.4/share to $18.48. In the past year, the shares have traded as low as $15.92 and as high as $21.97. On average, 2804590 shares of CVC exchange hands on a given day and today's volume is recorded at 2187173.