The Dolan family, the largest shareholders in Cablevision, the successful New York cable group has just pulled a plan to take the group private in a deal valued at $7.9bn.
This has to raise the question of whether the Dolan's may now push instead for the group to be sold. After all, cable groups are about to come under a wave of competitive attacks from powerful US phone companies launching their own triple plays and TV on demand.
If I had to bet I'd put my money on Time Warner or Comcast having a run at Cablevision - after all, they have one hell of a valuable, if localised franchise.
The Morning After: Friday, August 18th 2017
45 minutes ago