CAIRN Dictionary entry overview: What does cairn mean? â¢ CAIRN (noun) The noun CAIRN has 2 senses: 1. a mound of stones piled up as a memorial or to mark a boundary or path 2. small rough-haired breed of terrier from Scotland Familiarity information: CAIRN used as a noun is rare.
It was worth it to Disney to pay $1.1 billion a year to hang onto the Monday Night Football franchise for its ESPN network. The new ESPN crew at Monday Night Football probably won't have a fraction of the paychecks of their ABC predecessors, but they'll likely hang onto a significant share of their audience.
Capital Cities/ABC's shares surged $20.125, to $116.25, while Disney's shares gained $1.25, to $58.625. Under the deal, Disney said it would pay one share of its stock and $65 in cash for each share of Capital Cities/ABC, though it might allow shareholders to choose more stock or more cash. Disney said it planned to borrow $10 billion to complete the deal.