Buy-Out Bid for Troubled Disney

Daily PostFebruary 12, 2004

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Summary


A CABLE TV giant launched a $54bn ( pounds 28.7bn) bid to buy the Walt Disney Corporation yesterday amid a bitter power struggle at the very top of the Mickey Mouse empire.

Comcast Corporation said it would also take on Disney's debt of $11.9bn ( pounds 6.3bn) under the proposal.

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Buy-Out Bid for Troubled Disney

The move comes after weeks of sniping between Disney chief exe...

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