Disney CEO testifies in Georgetown
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Michael D. Eisner is probably the only man in the world who can get away with wearing a Mickey Mouse tie while testifying in a high-stakes corporate trial in Delaware&#39;s dignified Court of Chancery in Georgetown.
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A former director at Walt Disney testified that the president, Michael Ovitz, was fired because his management style differed sharply from the chief executive's.
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CEO who once led company to industry glory has found himself under fire in recent years. LONDON -- Michael Eisner, who led the Walt Disney Co.
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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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Walt Disney Co. Chief Executive Michael Eisner testified Thursday that he told Disney&#39;s directors he was hoping to &quot;trade&quot; president Michael Ovitz to Sony Corp.
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Walt Disney Chairman George Mitchell said he was asked to become company president before the job was offered to Michael Ovitz, disputing testimony by CEO Michael Eisner.
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The lawsuit shareholders have brought against Disney has come to resemble a Hollywood potboiler of betrayed friendships, secret meetings and wounded egos. During five days of testimony, Disney chief executive Michael Eisner delivered a forceful and often bittersweet account of the 14-month tenure of agent-to-the-stars Michael Ovitz as Disney's president.
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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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GEORGETOWN, Del.  - Walt Disney Co.'s chief  executive Michael Eisner on Wednesday was confronted with notes  in which Michael Ovitz was called "dangerous" and "a caged  animal" as he desperately tried to fire his one-time friend  from the entertainment giant.
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GEORGETOWN, Delaware, Nov 14  - Walt Disney chief executive Michael Eisner may begin testifying as early as Tuesday in defense of his 1995 decision to hire his once best friend as president of the entertainment giant, and then to fire him 15 months
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Former Walt Disney Co. Director Richard Nunis testified today he deferred to Chief Executive Michael Eisner&#39;s decision to fire ex-President Michael Ovitz and give him a $140 million severance package.
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The Walt Disney Co.  is  considering "blue sky concepts" of creating smaller theme parks  and stand-alone hotels, retail, dining and entertainment  centers, Jay Rasulo, chairman of Disney's Parks and Resorts  told analysts at a conference on Wednesday.
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Walt Disney Co. denied on  Tuesday that it is in talks to build a theme park in Bahrain,  following a newspaper report saying Saudi billionaire Prince  Alwaleed bin Talal was negotiating to build an $8 billion  Disney park in the heart of the world's biggest oil exporting  region.
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The shadow of Mickey Mouse and friends enveloped Georgetown Wednesday as the Court of Chancery began hearing a high-stakes case involving some big names in
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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.
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A Saudi Arabian billionaire is in talks to open a Disney theme park in Bahrain, a report says.
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LOS ANGELES  - It was unusual but not  unprecedented for the head of the Walt Disney Co. compensation  committee to be negotiating an employment contract that his  group would eventually approve, former committee chair Irwin  Russell testified at the trial surrounding Michael Ovitz's  contract and severance.