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Disney Board Turns Down Comcast Takeover Bid

Posted by timothy on from the but-no-thanks dept.

scifience writes "Disney's board of directors today turned down Comcast's hostile takeover bid, reports MSNBC. The board expressed confidence in Eisner's leadership. One interesting quote released by the board is that they will, '...carefully consider any legitimate proposal...' Does this mean that they did not believe Comcast's offer to be legitimate?"

1 of 214 comments (clear)

  1. Have /. editors been journos too long? by jazman · · Score: 0, Flamebait

    Oh dear oh dear. Looks like the /. editors have been journos too long and are making stupid simple logic errors normally only made by n00bs and CEOs. Get back into coding chaps and sharpen up your logic skills.

    > they will, '...carefully consider any legitimate proposal...' Does this mean that they did not believe Comcast's offer to be legitimate?

    Duh. No of course not. They carefully considered it, then rejected it. "Carefully consider" does not mean "accept." If they had said they will ACCEPT any legitimate proposal, then, and only then, can you deduce that they didn't believe Comcast's offer to be legit.