Disney chief Eisner says ABC-CNN merger reports 'premature'

NEW YORK - The head of the Walt Disney Company says reports of a news-media merger involving his company are ``very premature.&#39;&#39; <br> <br> Disney chairman and CEO Michael Eisner says Disney&#39;s ABC News Division and AOL Time Warner Incorporated&#39;s CNN News division have had talks about ``more efficient ways to deliver the news.&#39;&#39; <br> <br> He says he wouldn&#39;t give the chance of a merger more than 50-50 odds. <br> <br> But Eisner says that putting together the broadcast and cable news operations would fit in with Disney&#39;s way of running its daytime programming. <br> <br> Eisner also says the company would also consider a sale of its Anaheim Angels baseball team and Mighty Ducks hockey team. <br> <br> Disney has been hurt this year by a weak economy, weak ratings at ABC, and a drop in visitors at Disneyland and Disney World after last year&#39;s terrorist attacks. <br> <br> But, Eisner notes, the company has reduced its overhead and improved its profit margins.