Disney Buys Marvel
Disney Buys Marvel – Disney buys Marvel Entertainment is the big headline in the business world today.The Walt Disney Co. has acquired Marvel Entertainment Inc. for $4 billion in cash and stock.The deal permits the company to bring 5,000 Marvel characters including Iron Man and Spider-Man into the Disney family.Disney said Monday :
Marvel shareholders will receive $30 per share in cash plus 0.745 Disney shares for every Marvel share they own.Boards of Disney and Marvel have both approved the transaction, but it requires an antitrust review and the approval of Marvel shareholders.
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