ADVFN - Advanced Financial Network.
HOME» NYSE » C » CVC Stock Price » CVC Stock News

Cablevision System Share News

 Cablevision Systems Corp. Stock Price
CVC Stock Price
 Cablevision Systems Corp. Stock Chart
CVC Stock Chart
 Cablevision Systems Corp. Stock News
CVC Stock News
 Cablevision Systems Corp. Company Information
CVC Company Information
 Cablevision Systems Corp. Stock Trades
CVC Stock Trades

Four Seasons Decision On Sale Or Refinancing Expected By May -Sources

By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON -(Dow Jones)- The fate of the U.K.'s largest care homes operator Four Seasons is set to be decided within the next few weeks when the company will agree to sell the company outright or reach a refinancing deal with existing shareholders, previously lenders to the business, people familiar with the situation told Dow Jones Newswires Monday. Potential buyers of the company include Guy Hands' Terra Firma and a consortium of U.S. healthcare specialist Formation Capital and London-based private equity firm Patron Capital, the people said. It is unclear whether CVC Capital Partners remains in the process. Bids for the company are due April 25, one person said. Meanwhile the company remains in talks with existing shareholders led by Royal Bank of Scotland Group PLC (RBS) about a refinancing deal, which could involve RBS and other creditors-turned-holders putting in more equity and a new investor taking a minority interest. Four Seasons had total debt of around GBP1.5 billion in 2009 when it completed a capital restructuring in which certain of its lenders exchanged debts of around GBP780 million owed to them for a stake in the business. RBS is the company's largest shareholder with around 40% of the equity. The balance of the debt comprises publicly traded bonds which must be repaid by a September deadline. NM Rothschild and Gleacher Shacklock are advising Four Seasons which has been valued at up to GBP900 million. -By Marietta Cauchi, Dow Jones Newswires; +44 207 842 9241;

Stock News for Cablevision System (CVC)
05/21/201517:31:49Statement of Changes in Beneficial Ownership (4)
05/21/201516:19:11Statement of Changes in Beneficial Ownership (4)
05/20/201512:25:07Why Cablevision Systems Corporation Stock Lit Up Today
05/20/201512:15:10What Is the S&P 500 Index?
05/13/201507:06:02This Cable Company Isn't Waiting Around for You to Cut the Cord
05/12/201509:09:04Additional Proxy Soliciting Materials (definitive) (defa14a)
05/09/201511:32:02Should Time Warner Cable Buy Cablevision?
05/06/201516:17:22Cablevision CEO Pushes for Consolidation of New York Market
05/06/201508:50:34Cablevision Systems Rating Lowered to Hold at Zacks (CVC)
05/05/201517:21:59Cablevision Systems Stock Rating Reaffirmed by Canaccord Genuity...
05/05/201515:21:55Cablevision Systems Rating Reiterated by Brean Capital (CVC)
05/05/201509:38:12Zacks Upgrades Cablevision Systems to "Buy" (CVC)
05/05/201506:06:32Current Report Filing (8-k)
05/04/201518:58:00Cablevision Revenue Rises, But Subscribers Fall -- 2nd Update
05/04/201518:56:17Cablevision Revenue Rises, But Subscribers Fall -- Update
05/04/201518:46:39Cablevision Revenue Grows 2.5% Though Subscribers Fall
05/04/201516:31:49Quarterly Report (10-q)
05/04/201515:47:46Amended Statement of Beneficial Ownership (sc 13d/a)
05/04/201508:45:36MARKET SNAPSHOT: U.S. Stocks: Futures Gain Ahead Of Factory Orders...
05/04/201507:30:00Cablevision Systems Corporation Reports First Quarter 2015 Results

Cablevision System and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations