Darkbeer
07-23-2003, 01:00 PM
Disney hires Bear Stearns, Goldman to sell stores (http://www.forbes.com/newswire/2003/07/23/rtr1034806.html) - Forbes, 7/23/03
QuikQuote: Walt Disney Co. has hired investment banks Bear Stearns and Goldman Sachs to sell its chain of Disney Stores, a source in the media conglomerate said on Wednesday.
Disney has had casual talks with some potential buyers, but the two investment banks, hired in the last week, will spearhead the drive to transfer the money-losing division to a company which would pay Disney royalties, the source said.
QuikQuote: Walt Disney Co. has hired investment banks Bear Stearns and Goldman Sachs to sell its chain of Disney Stores, a source in the media conglomerate said on Wednesday.
Disney has had casual talks with some potential buyers, but the two investment banks, hired in the last week, will spearhead the drive to transfer the money-losing division to a company which would pay Disney royalties, the source said.