Disney CFO cools Netflix, Twitter speculation

Disney CFO Christine McCarthy has seemingly cooled speculation that Disney would pursue an acquisition of Netflix or Twitter.

Speaking at the Citi Internet, Media and Telecommunications Conference, McCarthy called Pixar, Marvel and Lucasfilm the “tentpoles” of Disney’s M&A strategy in response to a question about whether investors could expect a “transformative” acquisition from Disney in 2017.

“Nothing has changed about our M&A strategy,” McCarthy said.

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