Posted Thursday, April 29, 2004 8:20 AM | Contributed by Impulse-ive
Comcast dropped its unsolicited $48.4 billion bid for the Walt Disney Company yesterday, saying that Disney, as well as analysts and investors, were not comfortable with the merger.
Read more from Reuters via Yahoo.
They'd certainly provide the revenue needed to fund some decent sized cap ex budgets compared to the current owners.
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