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Lane Merrifield

10-Q Watch: No Earnout For Club Penguin Founders In ‘08; Still Have Shot At $175 Million

May 6, 2009 7:30 AM

When the Walt Disney Co. (NYSE: DIS) acquired popular virtual world Club Penguin in August 2007, the company was upfront about the cost: $350 million in cash at the time with the possibility of another $350 million. To earn that additional $350 million, CP cofounders Lane Merrifield, Dave Krysko and…

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Posted In: Entertainment, Games, Companies, Disney, club penguin, lane merrifield

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