Is There A Pot Of Gold At The End Of Cablevision’s Rainbow?

Image via Wikipedia Cablevision Systems Corporation(CVC) which spun off Madison Square Garden(MSG) earlier this year is back at it, announcing that it plans to spin off its Rainbow Media Holdings business in mid-2011. Rainbow Holdings owns such popular cable channels as AMC, WE, IFC, and Sundance.  Investors appeared enthused about the move, with the stock moving up 6.84%… Read More »