lockedoutlogic
DIS Veteran
- Joined
- Apr 26, 2007
I seem to recall Roy and Mike were on the outs before the bid -- Comcast was a means, extreme as it was, for Roy to achieve his ultimate ends at that point: The removal of Mike Eisner.
Correct...in fact, Brian Roberts (CEO of comcast) had worked for Disney in his younger days. As skillful and shrewd as he is, there is no way that he would have launched a blind stock buyout thinking it would have actually succeeded in acquiring Disney.
The negotiated takeover of NBC/universal is much more his style.
It has been suggested that the takeover bid of disney was done in consultation with Roy...I don't know if that was the case -we never will - but the timing was perfect to knock Eisners foundation out from under him. At that point, he was ruling with an iron fist with a puppet board of directors...only something big could get him out.
You can make your own opinion...but he packed up his office about a year later.
Very convenient