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March 09, 2004
Disney's Iger Expects Higher Comcast Bid
Walt Disney Company President and Chief Operating Officer Bob Iger said on Tuesday that he felt that a new and higher bid to take over the entertainment conglomerate from Comcast was "inevitable". Disney's board on Feb. 16 rejected the original $47.7 billion all-stock offer from the nation's largest cable operator, but Comcast has indicated it still wants a deal -- at the right price -- and said so in a presentation on Monday.
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Posted By: Ray @ 2:52 PM | 
