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06/14/2010 05:12 am ET | Updated May 25, 2011

Bidding War For Miramax Intensifies

Only a few weeks ago, it looked like the Walt Disney Co. wasn't going to raise anywhere near the $700 million asking price for its Miramax film library.

Although the Burbank entertainment giant still may not get the price it originally sought, bids are inching up as suitors try to elbow each other out of the way as they vie for the library of some 600 films and a handful of unreleased projects.

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