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Article: Disney Executive Foresees Another Takeover Attempt by Comcast.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- March 10, 2004
CopyrightCOPYRIGHT 2004 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Greg Hernandez, Daily News, Los Angeles Knight Ridder/Tribune Business News
Mar. 10--Walt Disney Co. President and Chief Operating Officer Bob Iger said Tuesday that he believes Comcast Corp. is likely to come back with a higher bid to try to buy the Disney empire.
"I think Comcast comes back," Iger said, despite Comcast head Brian Roberts' insistence this week that his company will not sweeten last month's takeover offer. "I sense this inevitability to another offer being made that's in all likelihood going to be higher than the offer that was made. It's just my opinion."
Iger, appearing at the annual Bear Stearns media and ...