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ISP Information:
A programming language for minicomputer mainframes such as the IBM AS/400. RPG began as a program to generate reports--as you could have guessed from the name--but is now a full programming language that is widely used. ISP Glossary:
RPG - Offer Values Disney at $66 BillionStrategic Combination Would Create One of theWorld's Premier Entertainment and Communications CompaniesNEW YORK, Feb. 11 /PRNewswire-FirstCall/ -- Comcast Corporation(Nasdaq: CMCSA, CMCSK) today announced that it has made a proposal toThe Walt Disney Company (NYSE:DIS) to merge the two companies in atax-free transaction. The combination would create one of the world'sleading entertainment and communications companies with anunparalleled distribution platform and an extraordinary portfolio ofcontent assets. The new company would have a presence in all of thenation's top 25 markets, and would propel broadband forward, expandingcurrent services and inspiring new ones.Terms of the proposed transaction are as follows:* Comcast would issue 0.78 of a share of Comcast Class A votingcommon stock for each Disney share.* Disney shareholders would receive a premium of over $5 billion,based on yesterday's closing prices, plus full participation inthe combination benefits.* Comcast's proposal values Disney at $66 billion (which includesassumption of $11.9 billion of Disney's net debt), offering amultiple of approximately 14x Disney's 2004 estimated EBITDA.* Disney shareholders would own 42% of the combined company.- http://finance.lycos.com/home/news/story.asp?story=40525030
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