Newsday
With Cablevision's offer outweighing the other two bids on a cash basis, the dilemma appears to be whether
Sam Zell can afford to risk damaging a relationship with
Rupert Murdoch by selling to the highest bidder, reports Newsday. A source says: "Zell has to weigh what this means in terms of Tribune's relations with say, News Corp., which we know he wants to do business with."
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Cablevision's bid for Newsday makes sense in a perverse way (Fortune)
