Walt Disney Co. Chairman Michael Eisner bought $1 million worth of shares of the Mouse’s Go.com Inc. Internet unit last month, boosting his stake by half as the stock fell.
Eisner bought 50,000 shares on March 2 at $20 each, bringing his holdings to 150,000 shares, according to a regulatory filing with the U.S. Securities and Exchange Commission.
Eisner first bought shares of Go.com in November, shortly after the company’s stock began trading Nov. 18. The stock has fallen 50% since then as the company tries to revamp the unit’s Go Network portal to focus on Disney’s strengths in entertainment and leisure.
THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL
That's what friends are for. (5/1a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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