Disney Stock Halted on Comcast Bid
Investors await a response from the Burbank media giant.
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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