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Cablevision buy of Newsday OKd

June 25, 2008|From Times Staff and Wire Services

Federal antitrust regulators cleared Cablevision Systems Corp.'s $650-million purchase of Long Island, N.Y., newspaper Newsday from Tribune Co., owner of the Los Angeles Times.

Cablevision is controlled by the Dolan family and has about 3.1 million subscribers in the New York metro area.

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