, Columnist
Don't Underestimate Disney
Comcast is making things difficult, but the media giant and its CEO Bob Iger have the tools to fend off an M&A interloper.
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Now we get to see just how important Europe is to Walt Disney Co.
We know by now that things rarely go according to plan when it comes to megamergers in the media and communications sector, given the ensemble of shrewd billionaires and egos involved, all feeling threatened by the tech giants creeping on their turf and wanting as much of the market as possible. It's no wonder, then, that Comcast Corp. has come along to throw a wrench in Disney and 21st Century Fox Inc.'s already complex merger plans. The cast of characters this time is Comcast CEO Brian Roberts, Disney CEO Bob Iger and Rupert Murdoch of Fox.