Burbank, CA – Walt Disney says it is acquiring Marvel Entertainment for $4 billion in cash and stock, bringing characters like Iron Man and Spider-Man into the Disney family.
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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.
Wow! Big news in the entertainment biz.
And this paves the way for the long awaited Hulk vs. Bambi showdown. 🙂
The Wolf
If you noticed all the big mahoffs are Isreali`s and someone named Perlmutter who lives in Florida.
I hope they will support some mosdos in these very precarious times.
Go Joe!