Gservo
24th December 2002, 01:09 AM
Reports emerged that Walt Disney Co. may be considering a bid in the battle to buy Jim Henson Co., best known for creating the Muppets television series and movies, the Reuters news service reported. Whether Disney submits a bid and wins is an open question: Rumors of a merger have swirled around Hollywood for more than a decade, after Disney almost bought the company in 1989, the wire service reported.
Henson's German owner, EM.TV, says it is in talks with unidentified bidders to sell the company, which it bought in March 2000 for $680 million and has multiple bidders, Reuters reported. Sources told the wire service that Disney was mulling a $135 million bid for the company. Disney told Reuters it would not comment on acquisition rumors as a matter of policy.
Henson's German owner, EM.TV, says it is in talks with unidentified bidders to sell the company, which it bought in March 2000 for $680 million and has multiple bidders, Reuters reported. Sources told the wire service that Disney was mulling a $135 million bid for the company. Disney told Reuters it would not comment on acquisition rumors as a matter of policy.