Disney Tipped to Take over 30%-40% of China's Bus Online

Walt Disney has formed a consortium, including Google, to acquire a 30%-40% stake in China's Bus Online for $100 million, people familiar with the matter said Tuesday. Bus Online is the largest provider of advertising services on Chinese buses. Disney and the Shanghai government agreed late last year to establish an amusement park in the city that is due to open in 2014. All of the parties concerned declined to comment on the news.