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04/03/2010 05:12 am ET | Updated May 25, 2011

Disney Tries to Sell Miramax, But What's It Worth?

Disney's quiet shopping of Miramax has attracted interest from several bidders, though not merely the usual suspects. Several insiders think the $700 million price is too high.

That's because the library's cash flow is not close to the $300 million estimated this weekend in The New York Times -- more like a third of that sum, according to two people knowledgeable about the figures.

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