The Wall Street Journal reported Monday night on their website that Cablevision received a $700 million offer from an investment group led by Russell D. Glass. While the offer did not include Madison Square Garden, the group was also open to working on a deal for the arena. Cablevision said they had no plans to sell the Knicks and Rangers, but did not say if the two parties were still in contact.
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Cablevision Turns Down Offer
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