Disney Unloads Miramax for $660M

Cody, Tamika
August 2010
Mergers & Acquisitions Report;8/2/2010, Vol. 23 Issue 31, p22
The article reports that Walt Disney has sold Miramax Films to Filmyard Holdings for about 660 million U.S. dollars in 2010. Other bidders for Miramax included former owners Harvey and Bob Weinstein, Ron Burkle's Yucaipa Cos., Gores Group, Platinum Equity and David Bergstein's Pangea Media Group. It mentions the potential sale of ABC networks by Disney. Briefly cited is the divestment rules of the U.S. Federal Communications Commission.


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