If it is successful, the hostile $60bn bid by Comcast, the US's biggest cable company, for Disney, one of the most famous names in cinema history, will change the face of the industry.
Speculators on Wall Street continued to push Walt Disney shares higher yesterday, anticipating a lively battle for control of the entertainment and media group after cable company Comcast's hostile $66bn (£35bn) bid on Wednesday.
Walt Disney was yesterday fighting for survival after America's biggest cable television company, Comcast, laid siege to the magic kingdom with a $66bn (£35bn) bid. By David Teather.
Mickey Mouse was hard to make out in yesterday's hostile $66bn (£35bn) bid for the Walt Disney company by America's biggest cable company, Comcast, report Dan Milmo, Jane Martinson and David Teather.
4pm: Dissident former Walt Disney director Roy Disney made no immediate comment on Comcast's hostile takeover bid for the company, revealed today. By Chris Tryhorn.
1pm: Comcast, America's largest cable TV company, today launched an audacious and hostile takeover bid to buy Walt Disney in a deal worth £35bn. By Mark Tran.
Roy Disney has stepped up his campaign to remove Michael Eisner as chief executive of Walt Disney, slating the firm's 'cultural decay' and accusing the media and entertainment firm of squandering $25bn on 'failed ventures'. By David Teather.
Walt Disney was dealt a heavy blow last night when Pixar, the film studio behind Finding Nemo, ended its lucrative partnership with the media and entertainment group. By David Teather.
BT's return to the mobile phone market has been a damp squib with fewer than 20,000 customers understood to have signed up to the service despite a £5.5m advertising blitz, writes Richard Wray.
Eastman Kodak, the company that invented popular photography, yesterday announced plans to cut up to 15,000 jobs as it struggles to remain relevant in the digital age, writes David Teather.