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The couple met last winter while shooting the movie "Gigli," in which Lopez plays a gangster sent to supervise a thug, played by Affleck, in a kidnapping 26 The singer-actress confirms rumors that she's engaged to the actor in an interview with ABC's Diane Sawyer set to air Wednesday Jennifer Lopez to Confirm Engagement Nov 11, 7:46 AM EST LOS ANGELES (AP) â€â€? It's a go for J That divorce becomes final on Jan The couple, who have been photographed kissing everywhere over the past few months, were recently engaged in a "traditional, but also in a very spectacular way," Lopez says 18 issue of People magazine Affleck, 30, has never been married She describes Affleck as "brilliantly smart," charming and affectionate She split from model-restaurateur Ojani Noa in 1998 after about a year and this summer ended a 10-month marriage to dancer Cris Judd "My mother loves Ben," she adds The ABC interview was taped recently in Manhattan and in Lopez's old Bronx neighborhood Lo and Ben Affleck Lopez didn't mention a wedding date, but the couple could tie the knot on Valentine's Day, according to friends and sources quoted in the Nov Lopez, 32, has had two previous marriages Comcast, which said Eisner had rejected the idea of private talks, stunned the media world with its announcement early Wednesday 3 billion purchase of Fox Family Worldwide, a deal Eisner has admitted was a mistake at that price " Kim also said Comcast is basically a cable company, and might be biting off more than it can chew Comcast merged with AT&T Broadband in November 2002, making it the largest cable TV company in the country with 21 million subscribers "We've walked away from big things before " Burke also criticized Disney's $5 com http://www The earnings easily beat analyst expectations and, Eisner said in a statement, showed the company was firmly on a turnaround that would see 30 percent earnings growth this year and double digit growth until at least 2007 The proposal came as Eisner is fending off criticism from former board members Roy E Comcast also released a letter sent to Eisner indicating that Eisner had personally rejected Roberts' offer to enter into discussions about a merger earlier in the week That's a relatively small premium for a takeover offer, but Comcast may be counting on the fact that other potential suitors in the media industry would surely face tougher regulatory scrutiny in Washington 52, or 15 percent to $27 "Our goal would be to again place Disney animation in the center of the company Comcast has several holdings in media content, but has made no secret of its ambitions to acquire more com "Given this, the only way for us to proceed is to make a public proposal directly to you and your board," the letter stated made a surprise bid for The Walt Disney Co "Strategically, from Comcast's point of view, it would be a terrific move," said Janna Sampson, co-Manager of the AmSouth Select Equity Fund and director of Portfolio Management at Oakbrook Investments 49, a 10 percent premium over their closing price Tuesday It was made just before Disney started two days of meetings with analysts at its flagship Walt Disney World theme park and hours before Disney was set to announce strong first quarter earnings That pressure increased late Wednesday, when Institutional Shareholder Services, an influential shareholder group, recommended against Eisner's re-election to the Disney board, citing "blurred" lines between the board and management 23 on the Nasdaq Stock Market Most of Comcast's holdings are in cable TV systems, while Disney's are in broadcast, cable and "content" businesses like movie studios disney comcast The company has not succeeded in boosting ratings or profits at its renamed ABC Family Channel Comcast, the nation's biggest cable systems operator, said it would also assume $11 But they were taken off guard by the timing Disney's board released a statement saying it would "carefully evaluate" Comcast's offer 60 in very heavy trading on the New York Stock Exchange, above Comcast's current offer 9 billion in debt from Disney, which also owns ESPN, movie studios and theme parks "It's going for the jugular," said Paul Kim, senior media analyst at Tradition Asiel Securities Disney's stock, which has lagged over the past six years or so, has risen sharply over the past 12 months and earnings have also climbed on the strength of Disney's film slate and a turnaround at its theme parks "I think it's probably not a good deal for Disney shareholders at the price on the table today that would create the world's biggest media conglomerate and likely spell an end to the 20-year career of Disney chief Michael Eisner " Analysts said the combination made sense, but questioned whether Comcast would sweeten its offer sufficiently In a conference call Wednesday, Comcast's Steve Burke, the head of the company's cable division and a former Disney executive, sounded many of the same notes as dissident shareholders Roy Disney and Stanley Gold Comcast is moving at a time that Disney is struggling with internal strife over corporate governance concerns and Eisner's plans for succession, as well as lagging performance at key businesses such as ABC "We can help address this underperformance "I think they underestimate the complexity of being a broad-based media company," he said Gold about his performance and lack of a succession plan as Disney's chief executive Roberts said the combination "would create one of the world's premier entertainment and communications companies, and, we believe, restore the Disney brand to prominence and the company to growth "He (Roberts) is using this vulnerable time to force Disney's hand But Eisner has been under heavy pressure as talks to extend Disney's lucrative deal with Pixar Animation Studios collapsed and dissident shareholders raised questions about the independence of Disney's board 78 of a share of its Class A stock for each Disney share, and Disney shareholders would retain 42 percent of the combined company Comcast Makes Unsolicited Bid for Disney Feb 11, 9:50 PM EST Cable television giant Comcast Corp If a deal is reached to combine the companies, they would edge out Time Warner, which had $39 "</ p> In a news conference in New York, Roberts said he hoped to make the deal "as friendly and amicable as possible, as fast as possible," but he also noted that he was ready to abandon the proposed merger if need be 6 billion in revenues last year, atop the heap of media and communications companies Comcast's Class A shares tumbled $2 Disney shareholders will gather for their annual meeting March 3 in Philadelphia, where, coincidentally, Comcast is based The offer valued each Disney share at $26 The letter from Roberts called it "unfortunate" that Eisner was not willing to enter into discussions " Analysts were not surprised that Comcast, which has access to cable subscribers, would be interested in Disney, with its suite of top-rated cable channels and visible brand Eisner made a brief reference to the bid at the beginning of a conference call to discuss the earnings, saying the board had asked Disney's management and advisers to "to provide an in-depth analysis of the proposal to enable the board to respond appropriately Comcast said Eisner declined earlier this week to discuss a possible merger " As if to answer the bid, Disney released its first quarter earnings hours before originally planned Under the merger, Comcast said it would issue 0 "We think restoring Disney animation to its rightful place is important," Burke said, echoing a major criticism levied by Roy Disney â€â€?â€â€?â€â€? On the Net: http://www Life goes on," Roberts said "We believe it operates at around break even," Burke said It has majority stakes in Comcast-Spectacor, the owner of the Philadelphia Flyers and 76ers; Comcast SportsNet, E! Entertainment Television, the Style Network, Golf Channel, Outdoor Life Network and G4 Disney, the nephew of Disney founder Walt Disney, and Stanley E In a sign that investors expect an extended fight, Disney's shares shot up $3 70, or 8 percent, to $31 "This is a very exciting moment," Comcast CEO Brian Roberts said in a conference call with investors and analysts The bid was initially valued at $54 billion, but investors bid up the price of Disney stock beyond the Comcast offer â€â€? a signal that Comcast would have to sweeten its bid to be successful Disney and Comcast together had $45 billion in revenues last year â€â€?â€â€?â€â€? AP business writers Lisa Singhania and Seth Sutel in New York contributed to this report But the board cautioned shareholders not to take any action in the meantime |
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