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New Suitors Unlikely to Have Deep Enough Pockets for Walt Disney.
Knight Ridder/Tribune Business News, April, 2004
By Todd Pack, The Orlando Sentinel, Fla. Knight Ridder/Tribune Business News
Apr. 29--Don't expect anyone else to storm the gates of the Walt Disney Co. now that Comcast Corp. has given up and gone home.
That's because few companies could afford to buy Disney, and many of those that could don't need Disney's portfolio of resorts, movie studios and broadcast-and-cable networks -- especially not at the premium price Disney would command, industry analysts said Wednesday.
"I don't see who would want them," said Todd Mitchell, an analyst with Blaylock & Partners, a New York investment firm.
Soon after Comcast made its unsolicited offer for Disney in February, investors began to wonder whether any other companies would also try to...
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