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Disney rejects Comcast offer

By Julio Franco
Feb 17, 2004
  1. Walt Disney on Monday said it rejected an unsolicited $48.95 billion takeover offer from cable television company Comcast.

    Disney's board said it had full confidence in the business, financial and creative direction of the company under the leadership of Chief Executive Officer Michael Eisner.

    Read more: CNet News.
     
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