Time Warner and Pixar May Defeat Comcast!

[Feralpeg]

Things are getting stickier!

http://nypost.com/business/17782.htm

TIME WARNER MAY JOIN MOUSE HUNT

/February 12, 2004/ -- Time Warner is weighing a possible bid for Walt Disney Co. to counter Comcast's surprise hostile takeover offer for the beleaguered entertainment giant, The Post has learned.

Time Warner, the world's biggest media company, was scheduled to hold a conference call with investment bankers yesterday afternoon to discuss the possibility of making a run at Disney, say sources familiar with the situation.

Meanwhile, Pixar Animation Studios' Steve Jobs was understood to be in active discussions with parties, including cable operators, about putting together a team to emerge as a potential white knight for the Mouse House.

A Time Warner spokesman declined to comment on whether the company would make a bid for Disney but did say Time Warner "has not engaged bankers."

Pixar declined comment.

Potential suitors for Disney, including Time Warner, Viacom and Pixar, are being forced to jockey for position in what may turn into a bidding war for the storied entertainment giant following the $66 billion unsolicited takeover bid that Comcast launched yesterday.

 

[dianeschlicht]

If they have to be taken over by someone, I vote PIXAR!

 

[Towncrier]

If you look at the history of Pixar, you might want to reconsider Diane. Although I must say that I'm amazed that they (Pixar) have managed to stay in business for so long with so few products.

I just wish that this whole thing were settled once and for all. Of course, that won't happen.

 

[Kimberle]

PIXAR - buying Disney!

Now wouldn't that be a scream!!

 

[ILUVDXL]

GOooooo Pixar!