Disney buys Marvel?
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Disney buys Marvel?
Originally Posted by CNNmoney.com
LOS ANGELES (Fortune) -- The acquisition of Marvel Entertainment by the Walt Disney Co. is, on a surface level, a perfect, if expensive, fit. But it also represents an interesting evolution in the company's direction under CEO Bob Iger.
Under the deal, announced this morning, Disney (DIS, Fortune 500) will pay $4 billion in cash and stock for Marvel (MVL), giving the comic book giant's investors -- should they approve it and regulators give a nod -- something that is increasingly rare these says, a more than four-fold return on their investment over the past five years. That is a heroic result for an iconic company that has resuscitated itself after filing twice for bankruptcy in the 1990s.
Under the deal, announced this morning, Disney (DIS, Fortune 500) will pay $4 billion in cash and stock for Marvel (MVL), giving the comic book giant's investors -- should they approve it and regulators give a nod -- something that is increasingly rare these says, a more than four-fold return on their investment over the past five years. That is a heroic result for an iconic company that has resuscitated itself after filing twice for bankruptcy in the 1990s.
http://money.cnn.com/2009/08/31/news...azines_fortune
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I'm waiting for Marvel vs. Disney vs. Capcom 3. Yes folks, MvDvC. Hell yea. Can't wait to have my team of a Sentinel, Mickey Mouse, and Chun Li.
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It's really not that big of a deal...Disney outright owns like 50% of society as a whole anyway so this really doesn't matter.
In fact it could do well considering Disney makes movies (albeit some straight to DVD) like candy; and their big pictures have almost unlimited budgets so maybe this will bode well for Marvel.
On the other hand, this could also kill the company...
Who wants to bet Warner Brothers is going to buy a controlling stake in DC soon just to stay competitive?
In fact it could do well considering Disney makes movies (albeit some straight to DVD) like candy; and their big pictures have almost unlimited budgets so maybe this will bode well for Marvel.
On the other hand, this could also kill the company...
Who wants to bet Warner Brothers is going to buy a controlling stake in DC soon just to stay competitive?
Last edited by R-Dub; Sep 1, 2009 at 09:17 AM.
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It's really not that big of a deal...Disney outright owns like 50% of society as a whole anyway so this really doesn't matter.
In fact it could do well considering Disney makes movies (albeit some straight to DVD) like candy; and their big pictures have almost unlimited budgets so maybe this will bode well for Marvel.
On the other hand, this could also kill the company...
Who wants to bet Warner Brothers is going to buy a controlling stake in DC soon just to stay competitive?
In fact it could do well considering Disney makes movies (albeit some straight to DVD) like candy; and their big pictures have almost unlimited budgets so maybe this will bode well for Marvel.
On the other hand, this could also kill the company...
Who wants to bet Warner Brothers is going to buy a controlling stake in DC soon just to stay competitive?