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Thread: Disney Buys Marvel
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Old 08-31-2009, 07:16 AM   #1
Joe Moore
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Not toys related...Yet. But it is of interest to our Marvel fans.

Disney Buys Marvel | IshTalkers

Quote:
Walt Disney Corporation has bought Marvel Entertainment for $4 Billion according to reports.
The Walt Disney Co. (DIS-N26.84––%) says it is acquiring Marvel Entertainment Inc. (MVL-N38.65––%) for $4-billion in cash and stock, bringing characters like Iron Man and Spider-Man into the Disney family.

Under the deal, Disney will acquire ownership of 5,000 Marvel characters.

Disney said Monday that Marvel shareholders will receive $30 per share in cash plus 0.745 Disney shares for every Marvel share they own.

It said the boards of Disney and Marvel have both approved the transaction, but it requires an antitrust review and the approval of Marvel shareholders.
This is really a crazy news story. Marvel just got a whole lot more money to back their projects. This will clearly send shockwaves through their various divisions, as well as the industry as a whole. Imagine going to Disney World and having a Marvel themed park there instead of Universal Studios? Crazy.
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