Acquisition History / Disney / Capital Cities/ABC Inc.

Disney Acquires Capital Cities/ABC Inc.

Announced February 9, 1996 — $19B

DisneyBroadcasting1996

What happened

Capital Cities/ABC Inc. owned the ABC broadcast television network and other media properties.

Acquirer
Disney
Target
Capital Cities/ABC Inc.
Announced
February 9, 1996
Price
$19B
Industry
Broadcasting
Deal type
acquisition
Financing
cash and stock

By the numbers

Disney's acquisition history
8th of 43 tracked deals
Disclosed prices
23 of 43 Disney deals
Disney's average disclosed price
$5.60B
Disney's largest disclosed deal
21st Century Fox (entertainment assets, cable networks and international networks) ($71.30B)
Tracked acquisitions in 1996
30 across all acquirers
Disney in Broadcasting
1 acquisition

Frequently Asked Questions About This Acquisition

When did Disney acquire Capital Cities/ABC Inc.?

Disney acquired Capital Cities/ABC Inc. on February 9, 1996. This was Disney's 8th publicly tracked acquisition out of 43 we have on record.

How much did Disney pay for Capital Cities/ABC Inc.?

Disney paid $19B for Capital Cities/ABC Inc..

What does Capital Cities/ABC Inc. do?

Capital Cities/ABC Inc. owned the ABC broadcast television network and other media properties.

What other Broadcasting companies has Disney acquired?

Capital Cities/ABC Inc. is Disney's only publicly tracked acquisition in Broadcasting so far.

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