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March 12, 2004
Disney Plan to Sell Stores, Ducks Presses Forward
The Walt Disney Company is plodding ahead with plans to sell two money-losing units -- its Disney Stores and its Anaheim Mighty Ducks hockey team -- despite the distractions of an unwanted takeover bid and a revolt by unhappy shareholders. Both auctions stalled last month to varying degrees, but the iconic media and entertainment company continues to hold discussions with prospective buyers, people familiar with both situations said.
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