Disney dodges the Trump question
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Disney's CEO Bob Iger stated that the company has acquired all necessary assets and is not looking to make new deals, contrasting with Warner Bros Discovery's openness to deals during a potential second Trump term.
November 14, 2024 | 5:00 pm
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Disney's CEO Bob Iger announced that the company is not seeking new acquisitions, indicating a focus on optimizing current assets rather than expanding through deals.
Bob Iger's statement suggests Disney is content with its current portfolio and is not pursuing further acquisitions. This could imply stability in its business strategy, which may not immediately impact stock prices but indicates a focus on internal growth.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80