Update 1: Ex-Disney Director Testifies About Eisner A former Walt Disney Co. director testified Monday that Disney chief executive Michael Eisner told her in a December 1996 telephone conversation that then-Disney President Michael Ovitz was being fired and was eligible for a large severance package.
LSE rejects Deutsche Boerse bid Deutsche Boerse has made a 1.3 billion (\$2.49 billion) approach for the London Stock Exchange, and the LSE #39;s rejection of it on Monday left observers doubting a much better offer would emerge.