Disney to buy Marvel Entertainment

My immediate thought was Mickey in an Iron Man suit or something to that effect. More adult characters mingling with the kiddies’.

So far the details of the deal: it would be worth $4bn in cash and stock. Marvel shareholders will receive $30 per share and 0.745 Disney share for every Marvel.  The acquisition would see Disney acquire 5,000 of Marvel’s characters.

Courtesy of the Journal:

Disney Chief Executive Robert A. Iger said the deal combines Marvel’s strong global brand–which also includes Captain America, Fantastic Four and Thor, among others– with Disney’s “creative skills, unparalleled global portfolio of entertainment properties, and a business structure that maximizes the value of creative properties across multiple platforms and territories.”

As of this writing, Disney stock is down 1.40% while Marvel’s MVL surges almost 27%.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s