The Walt Disney Company has invested Rs 118 crore (Rs 1.18 billion) for a 15 per cent stake in UTV Global Broadcasting (UGBL), the broadcasting arm of UTV Software Communications. Walt Disney currently holds 300,000 equity shares in the company.
'In both the attacks last week, terrorists had come equipped for a prolonged fight and were eventually prepared to die. This is a new breed of fidayeen Pakistan has invested in.'
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