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June 02, 2015 12:34 PM ET

Media

Company Overview of New York Daily News Company

Company Overview

New York Daily News Company publishes news in both print and online editions in the United States. It offers political, sports, entertainment, lifestyle, travel, finance, and technology related news. The company was founded in 1919 and is headquartered in New York, New York.

141 East 25th Street

New York, NY 10010

United States

Founded in 1919

Key Executives for New York Daily News Company

Chief Executive Officer and President
Chairman of The Board, Co-Publisher, Chief Editor and Owner
Age: 76
Editor-In-Chief
Age: 61
Senior Vice President of Circulation
Age: 52
Senior Vice President of Sales and Marketing
Compensation as of Fiscal Year 2014.

New York Daily News Company Key Developments

Steven Witkoff Plans To Buy New York Daily

Steven Witkoff is planning to buy New York Daily News Company. Gerry Cardinale's RedBird Capital Partners LLC is advising Steven Witkoff on his offer for New York Daily. Jimmy Finkelstein and John Catsimatidis submitted their final bids this week for New York Daily, according to people familiar with the matter. Mort Zuckerman, owner of New York Daily is trying to get the three bidders to raise their offers before deciding on whether he will sell, one of the people added. Cablevision Systems Corporation (NYSE:CVC) has dropped out of the bidding.

Bids For Daily News Due This Week

Mortimer B. Zuckerman seeks to sell New York Daily News Company and final bids for the company are due this week.

Cablevision May Drop Bid for NY Daily News

Cablevision Systems Corporation (NYSE:CVC) is planning to pull out of the auction process for New York Daily News Company after spending hundreds of hours analyzing a potential deal, according to a person familiar with the matter. Cablevision had bid just $1 for the tabloid newspaper in March, Reuters reported at the time. It is now planning to bow out ahead of a second-round bid deadline next week, the source said on Tuesday, asking not to be named because the process is confidential. Cablevision declined to comment while a representative for the New York Daily News could not immediately be reached for a comment.

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Recent Private Companies Transactions

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