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March 22, 2004
Investors Claim CEO Eisner Misfired on Offer for Angels
Donald Watkins' failed bid to buy baseball's Anaheim Angels is at the heart of a lawsuit filed by shareholders against the Walt Disney Company. The suit, filed in Los Angeles, claims Chief Executive Officer Michael Eisner and the Disney board ignored Watkins' legitimate offer to purchase the Angels last year and cost the company $30 million.
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Posted By: Ray @ 8:18 AM | 
