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Disney Eyeing up Netflix?

October 04, 2016 | | Comments 0
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NetflixNetflix is at its highest since May and investors speculate the online video service could be a takeover target ahead of quarterly earnings scheduled for release in two week time.

Shares of the world’s largest paid online TV network rose as much as 4.9% to $103.39, their highest since May 31.

Netflix hasn’t shown it wants to be acquired, although investors are speculating on recent takeover rumors, which have linked Netflix to Disney.

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