Wunderlich Says Cabelvision is Worth $25 per Share in Takeout

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In a report published by Wunderlich analyst Matthew Harrigan Monday morning, Cablevision Systems
CVC
was highlighted to be "conservatively worth" $25 per share in a potential acquisition by Time Warner Cable
TWC
or Liberty Media
LMCA
. Harrigan went on to say that Cablevision and Time Warner Cable have major synergies, but that the Dolan family's 73% voting position may favor Liberty Media over Time Warner in a deal. The total merger benefits between Time Warner Cable and Cablevision were calculated at $1.9 billion or $7 per share based on fiscal year 2014 EPS estimates. Following the report, Cablevision traded up 5.47 percent to $17.74, while Time Warner Cable is down 0.04 percent to $112.42, and Liberty Media is up 0.78 percent to $127.75.
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