Sending a thunderbolt through the motion picture and television system industries, Walt Disney Co. announce plans yesterday to acquire Capital Cities/first principle Inc. in a $19 billion shell out that would create the worlds largest pastime company. If the merger goes through, it would combine one of the premier movie studio apartments with the top- rated television network. The blockbuster deal would be the second-largest merger in U.S. history, in arrears the $30.6 billion buyout of RJR Nabisco Co. by Kohlberg Kravis Roberts & Co. in 1989. The combination of the maker of ``The social lion King\ and the network of ``Monday Night Football\ and ``Home service\ appears to be a nifty fit, analysts said, noting that the companies holdings complement each other. Disney, whose studio has been churning out successful animated movies since ``Snow ovalbumin\ in 1937, likewise owns theme parks, including Disneyland and Disney World, plus hotels and retail stores. It also has stakes in Disney attractions in Japan and France. Cap Cities/ABC boasts 225 affiliate TV stations.
It also owns eight TV stations, including KGO-TV in San Francisco, and has the nations largest radio network with 21 stations, including KGO-AM and KSFO-AM in San Francisco. In addition, Cap Cities/ABC publishes newspapers, magazines and books and has interests in international broadcasting. The jewel of the deal is ABC, with its broad distribution capabilities and hot programming, Is this the right act for you? Watch the video below to read 2 more pages now. or If you want to get a full essay, come in it on our website: Orderessay
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