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March 08, 2004
Comcast Says Disney Not A 'Must-Have'
Comcast Corp., rebuffed in an unsolicited buyout offer of Walt Disney Co., said Monday that Disney was not a "must-have" acquisition. Comcast chief executive Brian Roberts, speaking on a conference call, said he still believes that in the growing world of personalized television, Comcast can take Disney's movie portfolio and distribute it over its cable lines. "We can create value at a faster rate for both companies," he said. "Is it something we have to do? No."
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