Comcast proposes to buy Disney

Discussion in 'Current Events' started by joker2, Feb 11, 2004.

  1. joker2 macrumors 6502a

    joker2

    Joined:
    Feb 19, 2003
    Location:
    DC area
    #1
  2. FriarTuck macrumors 6502

    FriarTuck

    Joined:
    May 26, 2003
    Location:
    Chicago area
    #2
    But the great part of being a bigshot CEO is that, even if your company gets taken over because your board has finally grown so sick of you they'd rather sell the company than deal with you anymore, you still walk away with a parting prize that would fund health care for every child on the continent of Africa.
     
  3. radhak macrumors regular

    Joined:
    Aug 28, 2003
    Location:
    NJ, USA
    #3
    aol / time-warner?

    This is a bit like the old aol / time-warner thing. Comcast's market cap today is $30 billion, and its bid is more than twice that (including Disney's $9 billion outstanding dept).

    Comcast seems to be over-reaching...
     

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