a little retrospective
1984/85: According to Jim Hill's "When You Wish Upon A Frog" articles and a 1989 article about the merger, Eisner informally talked to Henson about a possible merger.
8/28/1989: Well, you know.
12/13/90: Disney, Henson end merger.
2/21/00: EM.TV buys Henson.
3/13/01: EM.TV officially says it 'may' sell Henson.
5/30/01: EM.TV hires Allen & Co. to help explore options.
Oct. '01: EM.TV delays Henson sale deadline to Oct. 2002.
Dec. 01: Eisner tells German magazine "Focus" that the Henson price tag "is not realistic." Not in talks with EM.TV, but said they should give him a call.
May 2002: "Muppet Sale Looms" Sure...
Oct. '02: Saban bids $128 million for JHC.
Early Dec. '02: Henson suitors include Saban, Valentine, Entertainment Rights, Classic Media.
12/19/02: Disney prepares/contemplates $135 million bid for Henson.
12/24/02: EM.TV agrees in principal to sell Valentine a 49.9% stake in Henson.
3/7/03: EM.TV/Valentine deal falls through.
And here we are. A big mess for a company that makes $100-150 million a year. I bet of sale of AOL Time Warner wouldn't take this long.
God bless the troops.