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Saban May Buy Muppets

By Leigh Godfrey | Wednesday, October 9, 2002 at 12:00am
In Business, Business | Headline News | Geographic Region: All, Europe

REUTERS reports that television mogul Haim Saban is in talks to buy the Jim Henson Co. from Germany's EM.TV. According to REUTERS sources, the sale price is hovering around $100 million, a deep discount from the $680 million (cash and stock) that EM.TV paid for the Muppet factory in February 2000. Since EM.TV put the Henson Co. on the block on 2001, both Viacom and Disney have been rumored suitors for the company but no deals were ever solidified, although Disney has been hovering around the property for years. It is possible the discounted price may make the Mouse House return to the bargaining table.


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