Comcast acquiring Disney

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  • Azeke
    Super Senior Member
    • Mar 2003
    • 2123

    Comcast acquiring Disney

    I've heard rumors that Comcast is trying to acquire Disney for 66 Billion Dollars.

    Anyone else heard anything about this acquistion?

    Regards,

    Azeke
  • Lex
    Moderator Emeritus
    • Apr 2001
    • 27461

    #2
    Yeah, read that on cnn yesterday. They may or may not get it done.

    Offered 9% above stock value, not exactly a great offer. Investment experts said make it 30% and they'd likely go for it.

    lex




    Cable Guy DVD Collection
    Doug
    "I'm out there Jerry, and I'm loving every minute of it!" - Kramer

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    • David Meek
      Moderator Emeritus
      • Aug 2000
      • 8938

      #3
      Hmmm, Disney stock is up 14% with the announcement and that puts it above the value of Comcast's offer. I wonder if they'll sweeten things and add a few more billion to the tender? Kaching!
      :bluezoned:




      David - HTGuide flunky
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      • Brandon B
        Super Senior Member
        • Jun 2001
        • 2193

        #4
        This is very much the buzz topic here at work (Disney). There were even company-wide emails sent out to "calm" any excitement about it. Haven't heard anything beyond what you can read on CNN though.

        BB

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        • aud19
          Twin Moderator Emeritus
          • Aug 2003
          • 16706

          #5
          I'm sure there's been some sleepless nights for Disney exec's, employees and stockholders the last few weeks with all this Pixar/Comcast news...

          Jason




          Need a new display? Questions about new display technologies? Visit RPTVs, plasmas, and other monitors @ HTguide
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          • David Meek
            Moderator Emeritus
            • Aug 2000
            • 8938

            #6
            Brandon, I hope that whatever happens, it's a good thing for you. :^x




            David - HTGuide flunky
            Our "Theater"
            Our DVDs on DVD Tracker

            .

            David - Trigger-happy HTGuide Admin

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