Cablevision in lead to buy Newsday

International Herald Tribune

NEW YORK: Cablevision appeared likely to prevail in the bidding for the New York daily newspaper Newsday, people briefed on the matter said over the weekend, after News Corp., controlled by Rupert Murdoch, pulled out of the running.rnNews Corp. told Newsday's owner, Tribune Co., on Saturday that it was withdrawing its $580 million bid, said Gary Ginsberg, a News Corp. executive vice president...