NEW YORK: Cablevision appeared likely to prevail in the bidding for the New York daily newspaper Newsday, people briefed on the matter said over the weekend, after News Corp., controlled by Rupert Murdoch, pulled out of the running. News Corp....

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Here's a deal few on Wall Street wanted the Dolan family to win. But could it be that Cablevision's (CVC) acquisition of Newsday from Tribune Co. for $650 million isn't so wacky, after all? Consider: Cablevision already extracts $129.56 a month from...