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Comcast Awaits Disney Action (New York Times)

  • , Tuesday, March 23, 2004 12 AM
How long can the Comcast Corporation keep its offer for the Walt Disney Company on the table? Several people involved in the transaction said that Comcast, the giant cable operator, was likely to leave its bid, which was made in February, open for three to six months, but not longer. Even with a six-month horizon, though, there are costs to Comcast in leaving its offer on the table, media executives say.

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