FOX Put
Exercisable December 18, 2002
- Properties Include: 6 Regional Fox Sports Channels, Madison Square Garden and MetroChannels
- Fair Market Appraisal Determines Price
- If Not Exercised – Renews in 3 Years
- CVC Payment Options – CVC’s Choice Form of Payment Decided After Appraisal
- CVC Stock
- 3-Year Interest Only Bullet Note Issued by RPP With No Impact on CVC Covenants
- IPO
- Cash
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