Cablevision Mulls Options for Boosting Holder Value

August 5, 2008 at 6:25 am PT

Cablevision (CVC) this morning said its board has authorized management to explore options for boosting its stock price. Options include buying back stock, paying regular dividends, spinning off parts of the company “and other potential strategies.”

Of course, one “potential strategy” they didn’t mention would be for the company’s controlling shareholder, the Dolan family, to make a third attempt to take CVC private. Last year, shareholders rejected a $36.26 a share offer to go private as too low.

Read the rest of this post

Tagged with: Barrons, buy back, Cablevision, dividends, Eric Savitz, frontpage, shareholders, Tech Trader Daily

comments so far. Add yours.

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Web Sites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other Web sites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Voices is edited by Beth Callaghan.