Disney Warns “Restructuring, Change In Business Strategy” May Squeeze Financial Results; Notes $900M Payment For Rest Of BamTech

Disney said an upcoming restructuring under new/old CEO Bob Iger could result in impairment charges. It also noted that, as expected, it’s acquired the remaining 15% of streaming tech company BamTech it didn’t already own, paying $900 million. The news was tucked in a long year-end SEC filing today after a tumultuous ten days for […]

from Deadline https://ift.tt/mSQFEyl

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