News Corp sticks to original Newsday bid: source
NEW YORK (Reuters) - News Corp NWSa.N plans to stick by its original bid to buy Tribune Co's Newsday newspaper for about $580 million, one source familiar with the discussions said on Friday.
Rival bidder Cablevision Systems Corp (CVC.N) has offered to buy Newsday for $650 million, another source told Reuters earlier, topping News Corp's offer and another bid by Mortimer Zuckerman's New York Daily News for $580 million.
(Reporting by Kenneth Li, editing by Gerald E. McCormick)
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