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Short Take: Disney not pushing for Allen's Starwave shares

Despite published reports that The Walt Disney Co. is pushing up plans to acquire investor Paul Allen's stake in publisher Starwave, sources at Starwave said such a deal is not in the works. Disney, a minority owner of Starwave, has the right to purchase Allen's shares over the next four years.

Despite published reports that The Walt Disney Co. is pushing up plans to acquire investor Paul Allen's stake in publisher Starwave, sources at Starwave said such a deal is not in the works. Disney, a minority owner of Starwave, has the right to purchase Allen's shares over the next four years.