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Comcast bids for Disney

20 minutes ago, Comcast made it public that they intend to bid for Disney. CNN has a copy of the letter from the Comcast CEO, Brian L. Roberts, writing to Disney CEO, Michael D. Eisner.

The deal is estimated as being worth around US$66Bn, making Comcast the largest the media company in the world.

I think Michael Eisner will be having a fairly rough day today.

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