Mergers and acquisitions are often seen as an indicator of the economy's health; the more companies join forces, the healthier the market. After big deals came to a virtual halt over the past year, a new wave of M&A may…
In other news, Gen. Stanley McChrystal warned "the situation in Afghanistan is serious, but success is achievable," as the military reported the deaths of two more American soldiers there.
Walt Disney Co. has blocked its Miramax film studio from distributing a new documentary by director Michael Moore that criticizes President Bush's handling of the Sept. 11 attacks, the outspoken Oscar-winning director said Wednesday.
Comcast Corp., the nation's largest cable operator, withdrew its unsolicited multibillion-dollar offer to buy Walt Disney Co. Wednesday after the entertainment conglomerate refused to discuss a possible deal.
By PBS NewsHour
The Walt Disney Co. board of directors late Monday unanimously rejected Comcast's $54 billion, all-stock offer to take over the company, saying the offer was too low.
In a move that could transform the media industry, Comcast Corp., the nation's largest cable operator, launched an unsolicited bid Wednesday to merge with troubled entertainment behemoth Walt Disney.
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