Two Quotes From a Quick Visit To A Media ConferenceJon Fine
…specifically the Media and Money Conference.
“I think the shareholders are out of their minds. … [The deal] was based on a debt package that can’t be replicated. No way can it be put back together.”
Steve Rattner, managing principal of the Quadrangle Group, on Cablevision’s shareholders voting down the buyout proposal put forth by the Dolans.
“None of us could work for Google.” —a slightly resigned Vanity Fair media columnist Michael Wolff, to a panel of middle-aged private equity and media executives.