DISNEY BOARD BACKED OVITZ
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Directors at Walt Disney nominated Michael Ovitz to serve on its board for three years at a 1996 meeting just weeks before forcing him out of his job as president, Ovitz told a Delaware court yesterday.
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Dissident Walt Disney Co. shareholders Roy Disney and Stanley Gold on Tuesday endorsed the board&#39;s plans to find a successor to Chief Executive Michael Eisner, effectively
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GEORGETOWN, Del. - Michael Ovitz, Walt Disney Co.&#39;s former president, said Thursday it was &quot;common knowledge&quot; while he was at Disney that he was receiving payments for selling his stake in the talent agency he co-founded.
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Former Walt Disney director Robert AM Stern said the company made a &quot;wise investment&quot; when it fired Michael Ovitz in 1996 and paid his $140 million severance to end his 15-month tenure.
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Walt Disney Co.'s  board of directors went on trial on Wednesday, on shareholder accusations that it merely rubberstamped a decision to hire Michael Ovitz and allowed him to walk away months later with a &#36;140 million severance package.
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Actor Sidney Poitier, a former Walt Disney Co. director, said he supported firing ex-company president Michael Ovitz because he was mismatched with other executives.
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Walt Disney Co. dissident shareholders Roy Disney and Stanley Gold, who have called for Chief Executive Michael Eisner&#39;s replacement, said their campaign was successful and praised the board&#39;s
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Walt Disney Co. chief executive Michael Eisner acknowledged Monday that he and former company President Michael Ovitz were good friends.
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The outside adviser who helped draft the 1995 employment agreement for the president of Walt Disney, Michael S. Ovitz, testified on Tuesday that he had reservations
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Michael Ovitz, Walt Disney Co.'s former president, defended his $140 million severance package Wednesday, saying he asked the entertainment giant for a "guarantee" in his contract when he left the talent agency he founded.
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Walt Disney&#39;s board of directors went on trial this week on shareholder accusations that it merely rubber-stamped a decision to hire Michael Ovitz and allowed him to walk away
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Walt Disney&#39;s board of directors did not even meet to discuss the hiring of Michael Ovitz, a leading Hollywood talent agent at the centre of a major trial, it was alleged yesterday.
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Georgetown, Delaware, October 21: A lawsuit against the Walt Disney Co over a 140 million-dollar payout to former President Michael Ovitz started here, seven years after shareholders brought the action.
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Michael S. Ovitz found himself on the defensive late Wednesday about his continuing relationship with the talent agency he had left for Disney.
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The trial of a lawsuit by Walt Disney Co. shareholders who accuse the board of directors of rubberstamping a deal to hire Michael Ovitz
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Shareholders suing Walt Disney Co.'s  board of directors on Thursday portrayed Michael Ovitz as a dishonest and erratic executive who should have been fired instead of walking away from his job with &#36;140 million in severance pay.
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GEORGETOWN, United States : Controversial Disney Co. chief executive Michael Eisner has been tough and unflappable defending himself this week against shareholder charges that he wasted 140 million dollars by taking on Michael Ovitz as president in 1995.