Newsday
Tribune is now expected to give
Rupert Murdoch and
Mort Zuckerman an opportunity to revisit their $580 million bids. A source says Tribune CEO
Sam Zell "doesn't want the grass to grow on this thing -- but he also is glad to see a bidding war develop for Newsday." ||
SIDEBAR: Analysts question whether Cablevision is a good fit for Newsday.
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Cablevision is being advised by ex-Tribune CEO FitzSimons (Tribune)