Disney board to shareholders: Disney and Gold campaign misleading

Posted Tuesday, February 10, 2004 8:12 AM | Contributed by Jeff

The Walt Disney Co.'s board of directors are firing back at Roy E. Disney and Stanley Gold, accusing their former colleagues of conducting a "misleading and distorted campaign" against the entertainment giant. "You should be disturbed by this attack, which comes at a time when your company is achieving very positive results," the board wrote in an open letter to shareholders.

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