View Full Version : Drop the Fox Family deal

10-14-2001, 12:26 PM
Dear Michael -

Due in part to your cost-cutting measures, our beloved park is
going to seed -- all the while, you move forward on the Family
Channel acquisition. This is questionable at best, perhaps even
bordering on the irresponsible.

1 - We already own a Ďfamily channelí.
2 - More importantly, we just plain donít have the money.

When you couple that kind of red ink with a $19.61 share
(10-12 close) youíre seriously courting a hostile takeover.
AOL-Time/Warner-Disney is not as ludicrous as it sounds,
and it's unlikely the Bass brothers will bail us out again.
Mike, stockholder confidence is eroding and the wolves are
at the door. I beseech you to reconsider; drop the Fox Family
deal, and instead - pump some of that $5.2B back into
our park.

- Nixsys

10-15-2001, 01:02 PM
The family chanel it self has always been death trap, its been taken over twice in less than a decade which has to tell you something. But they can write off its expenses which can be a plus, but it will probably get bought again in 5 years.