Comcast makes offer to buy Disney

By Julio Franco
Feb 11, 2004
  1. Comcast Corp. has made a surprise offer to buy Walt Disney Co. for $54 billion, a deal that would create one of the world's biggest entertainment companies.

    If successful, Comcast -- already the nation's biggest cable operator -- would own one of the three dominant broadcast networks -- ABC -- as well as the Disney film studio, ESPN, and other Disney assets.

    Read more: CNN.
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