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    Disney sets March 19 deadline for Miramax bids
Wed, 10 Mar 2010

One day after March 19 was set as the deadline for binding offers for MGM, the same date has emerged as a deadline in the latest round of bidding for Miramax.

Owner Walt Disney Co. hopes to select a winning bidder from offers received by that date and close on a sale of the one-time indie highflyer within 30 days of the deadline.

Interested parties offer conflicting takes on how heated interest in Miramax has been. Some say Disney’s suggested minimum bid of $700 million is overcooked by at least $200 million, and others claim sufficient interest to deliver offers of that level or higher.

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