Another Voice
Charter Member of The Element
- Joined
- Jan 27, 2000
Guess what this was just sent to me:
Disney says would look at Vivendi assets
By Doug Young
LOS ANGELES, Aug 7 (Reuters) - Walt Disney Co. (NYSE: DIS - News) Chief Financial Officer Tom Staggs on Wednesday said the media giant would consider scooping up any assets of debt-riddled rival Vivendi Universal (Paris:EAUG.PA - News) that are within Disney's core businesses.
"Any assets that are in our core business that come available, we would certainly take a look at," Staggs told Reuters when asked whether Disney might consider acquiring any Vivendi businesses.
Vivendi Universal's media crown jewels include Universal Studios film and TV production company, cable TV network USA and the world's No. 1 record company Universal Music Group.
It owns the Universal Studios and theme parks in Florida near Walt Disney World and in Los Angeles. Staggs did not rule out the possibility of taking on one or both of those parks either.
Just when you thought you had heard everything
http://biz.yahoo.com/rf/020807/media_disney_vivendi_1.html
Disney says would look at Vivendi assets
By Doug Young
LOS ANGELES, Aug 7 (Reuters) - Walt Disney Co. (NYSE: DIS - News) Chief Financial Officer Tom Staggs on Wednesday said the media giant would consider scooping up any assets of debt-riddled rival Vivendi Universal (Paris:EAUG.PA - News) that are within Disney's core businesses.
"Any assets that are in our core business that come available, we would certainly take a look at," Staggs told Reuters when asked whether Disney might consider acquiring any Vivendi businesses.
Vivendi Universal's media crown jewels include Universal Studios film and TV production company, cable TV network USA and the world's No. 1 record company Universal Music Group.
It owns the Universal Studios and theme parks in Florida near Walt Disney World and in Los Angeles. Staggs did not rule out the possibility of taking on one or both of those parks either.
Just when you thought you had heard everything
http://biz.yahoo.com/rf/020807/media_disney_vivendi_1.html