The acquisition represents an enterprise value of $17.7 billion and will include Cablevisions Lightpath service, News 12 Networks, Newsday Media Group, and Cablevision Media Sales, according to the company.
Commercial Fleet Buying Intentions Remain Cautious for 2011-MY
Corporations continue to be uncertain about the strength of the economic recovery. As a result, companies remain cautious about their fleet ordering volumes. Many are right-sizing vehicles and lengthening replacement cycles.