http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=357796#357832http://www.globeandmail.com/servlet/story/RTGAM.20040211.wcomcast0211/BNStory/Business/Comcast Corp. Wednesday launched a hostile all-stock bid to buy Walt Disney Co. for about $54.1-billion (U.S.) in stock, touting the proposal as a chance to create a “unique” world-leading entertainment and communications company with an unparalleled distribution platform.
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The proposal -- which would see Philadelphia-based Comcast exchange 0.78 of a Comcast class A share for each Disney share -- comes just days after Disney's top executive rebuffed suggestions to that the two enter merger talks.
“It is unfortunate that you are not willing” to enter discussions, Comcast president and chief executive Brian Roberts said in a letter dated Feb. 11 to Disney CEO Michael Eisner.BULLSHIT!
on edit - sorry, it's early. good articulation don't happen before 2 cups tea.