Knicks Fans Planning Rally Against Dolan Moody's Gives WME IMG B2 Credit Rating CDI Net Income Drops 5% In '13 Felton's Arrest The Latest Negative For Knicks Bauer Purchases Easton-Bell Baseball/Softball Learfield Sports Acquires Nelligan Sports ISC Q4 Revenue Flat With '12 Knicks Aggressively Pursue Celebs For Games WME Faces Daunting Task In IMG Acquisition Udrih, James Bothered By Adidas' Sleeved Jerseys
Upcoming Conferences and Events
CABLEVISION PROPOSES ACQUISITION OF NOBODY BEATS THE WIZ
Published January 28, 1998
Cablevision Systems Corp., "in a bid for more of New Yorkers' entertainment dollars," yesterday offered "about" $95M for the "troubled" Nobody Beats The Wiz chain, according to James Madore of NEWSDAY. Cablevision would acquire 36 stores and Cablevision CEO James Dolan said it "wanted an outlet for its products and its services." Some analysts "expressed surprise" at the proposed deal. Murray Anderson, analyst for Hoak Breedlove Wesneski: "There's a synergy there, but it's not real strong" (NEWSDAY, 1/28). Dolan added that people will "be able to buy Knicks and Rangers tickets" at the Wiz stores (N.Y. TIMES, 1/28).