TECHPopuli

Disney Rejects Comcast Offer.

Big Surprise. This isn't over, and it could get very interesting. CNET News.com:

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 Dthe leadership of Chief Executive Officer Michael Eisner.

Posted by jackhodgson at February 17, 2004 10:42 AM