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March 24, 2004
Comcast CEO Comments On Disney Bid
Comcast Corp. chief executive Brian Roberts said Wednesday that ``some facts would have to change'' before his company would consider raising its offer for Walt Disney Co. The company's bid for Disney was initially valued at $54 billion, at least 10 percent higher than Disney stock at the time, but changing stock prices have since erased that premium. Disney has rebuffed the proposal.
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