Disney Stock Halted on Comcast Bid

Investors await a response from the Burbank media giant.
By George Mannes ,

Disney

(DIS) - Get Report

shares were halted early Wednesday as investors awaited word of the company's response to a $54 billion unsolicited takeover bid from cable giant

Comcast

(CMCSA) - Get Report

.

NYSE

trading in the stock was delayed at the open for news. Disney shares rose 16% in premarket trading following news of the bid, and shares of other media stocks rose as well.

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