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.
Schrager eyes London hotels sale Ian Schrager, known for his luxury boutique hotels, has hung for sale signs over two of his London hotels, the St Martins Lane and the Sanderson.