Hedge fund Harbinger Capital has cut its ownership share of New York-area cable company Cablevision to about 5%, down from 9% in September, Multichannel News says, citing a Securities and Exchange Commission filing. Harbinger sold shares this month for less than half the price at which it purchased them in August, Multichannel News reports.
—Danny King
Hedge Fund Jumps Off Cablevision
Feb 17, 2009 • Post A Comment
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