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To: sunny who wrote (72080)8/5/1999 10:57:00 AM
From: Paul Merriwether  Respond to of 164684
 
sunny
you are correct. but dis bought seek at way below the going rate(as i recall), and dis itself imploded, crashed and burnt after that...



To: sunny who wrote (72080)8/5/1999 11:00:00 AM
From: Lizzie Tudor  Respond to of 164684
 
Oh, whoops! Sorry. Man am I wound up. Again, my apologies. The moral is, don't post to me today unless you are prepared for a fight. (where the is no disagreement in the first place... :-/)



To: sunny who wrote (72080)8/5/1999 11:18:00 AM
From: Robert Rose  Respond to of 164684
 
I guess it depends on how you define 'bought.' My understanding is that disney purchased a minority interest in seek (about 40%), with an option to acquire it at a future date (which I don't believe has been exercised yet). However, disney did in fact first purchase Starwave for around $350M, and then sold it to seek as part of it's minority acquisition of seek.

If anything has changed, i'm sure I'll hear it here first!