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Why I'm More Excited Than Ever About Disney Stock

Why I'm More Excited Than Ever About Disney Stock

Dan Loeb has changed his tune on ESPN. In August, the activist investor wrote a letter urging Walt Disney (NYSE: DIS) CEO Bob Chapek to spin off the sports media company. But after Chapek presented at Disney's annual D23 conference and talked to reporters about ESPN and the future of Disney, Loeb's now convinced ESPN is worth more within Disney.