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Bear Stearns and Goldman return to Disney

Bear Stearns and Goldman Sachs have advised Walt Disney on its second acquisition in two weeks. The banks joined Lazard last night on the US media group's $2.7bn (€2.3bn) bid for Citadel Broadcasting which will be combined with Disney's ABC Radio.

Last month Bear Stearns and Goldman Sachs advised Disney on its $7.4bn acquisition of Pixar, the animation studio.

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