|
|
 |
 |
 |
 |
   |
IFE'S FAMILY VALUESPat Robertson's International Family Entertainment could be the object of a bidding war between News Corp. and Disney. Rupert Murdoch long has coveted IFE's Family Channel, seen in 69 million U.S. homes, as perfect for his planned Fox Kids Network. Analysts expected a mid-May, $1.4 billion marriage. But Disney is getting into the act. Its execs had secret talks at IFE's Virginia Beach (Va.) headquarters in late May. At the possibility of a Disney bid, IFE's stock rose to $27 on May 27.
EDITED BY KELLEY HOLLAND RELATED ITEMS
|
Updated June 15, 1997 by bwwebmaster
Copyright 1997, by The McGraw-Hill Companies Inc. All rights reserved.
Terms of Use