{"id":8542,"date":"2008-09-05T00:00:00","date_gmt":"2008-09-05T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-fund-ups-stake-in-cablevision-again","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/hedge-fund-ups-stake-in-cablevision-again.html","title":{"rendered":"Hedge fund ups stake in Cablevision again"},"content":{"rendered":"<p>Business Week &#8211; A hedge fund known for shaking up underperforming companies has increased its stake in Cablevision Systems Corp. to 9.1 percent, according to a regulatory filing Thursday.<\/p>\n<p>Harbinger Capital Partners now owns more than 21 million shares of the diversified cable operator, up from nearly 19 million shares, or 8.1 percent of Class A shares, its stake as of a regulatory filing made last month. In an earlier August filing, Harbinger disclosed that it held a 4.9 percent stake. The Dolan family owns the Class B shares.<\/p>\n<p>&quot;As we stated previously, we welcome all investors and their focus on enhancing value for all shareholders,&quot; said Charlie Schueler, spokesman for Bethpage, N.Y.-based Cablevision.<\/p>\n<p>Harbinger declined to comment beyond the filing.<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/ap\/financialnews\/D93065UO2.htm\" target=\"_self\">Read Complete Article&nbsp;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business Week &#8211; A hedge fund known for shaking up underperforming companies has increased its stake in Cablevision Systems Corp. to 9.1 percent, according to a regulatory filing Thursday. Harbinger Capital Partners now owns more than 21 million shares of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[859,2519,2293,707,242,2294,83,107,886,2520],"class_list":["post-8542","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-aftermath","tag-cablevision-systems-corp","tag-city-government","tag-december-31","tag-img-src","tag-james-dolan","tag-medallion","tag-mistrust","tag-takeover","tag-urbanization"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8542"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8542\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}