Analyst: Disney May Sell ABC O&Os

  • August 18, 2008
A Caris & Co. analyst says Walt Disney Co. may sell its 10 ABC television stations for as much as $4.8 billion, reports Bloomberg. A Disney rep called the report "purely speculative." Any sale, it's said, would depend on outlets in the three largest markets remaining affiliated with ABC TV. To date, the 10 O&Os contribute about $440 million before interest, taxes, depreciation, etc.

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