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This excerpt taken from the DIS 10-Q filed May 9, 2006. Gains
on Sale of Equity Investment and Business
On October 7, 2005, the Company sold its Discover Magazine
business, which resulted in a pre-tax gain of $13 million.
In addition, on November 23, 2005, the Company sold a cable
television equity investment in Spain, which resulted in a
pre-tax gain of $57 million.
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Table of Contents
THE WALT DISNEY COMPANY
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
(unaudited; tabular dollars in millions, except for per share
data)
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