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March 19, 2004
S&P May Still Cut Walt Disney's Debt Ratings
Standard & Poor's expects to discuss with management its future financial plans and strategies to address shareholder value. The ratings on Disney were placed on CreditWatch on Feb. 11, 2004, after Comcast's proposed merger offer. Standard & Poor's remains concerned about eroding shareholder support for management, related to effective leadership and performance of the company.
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Posted By: pjbs35a @ 10:07 AM | 
