LOS ANGELES (AP) - The Walt Disney Co. says it is acquiring
Marvel Entertainment Inc. 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.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
NewsNews
Spider-Man Meet Mickey Mouse: Disney Acquires Marvel
The Walt Disney Co. is acquiring Marvel for $4 billion in cash and stock, bringing characters like Iron Man and Spider-Man into the Disney family.
By:
|
WKRG-TV
Published: August 31, 2009
Published: August 31, 2009
Email
Facebook
Google
Twitter
Favorites
MoreAdvertisement
View More:
Associated Press,
Business_Finance,
Disney,
Entertainment_Culture,
Los Angeles,
Marvel Entertainment Inc.,
Walt Disney Co.
Not what you're looking for? Try our quick search:
Reader Comments
*Facebook Account Required to Comment. If you are not already logged into Facebook, please click the comment button to do so.Deal of the Day
Advertisement
Popular
- 1.Whitney Houston Dies
(
- 2.Pensacola Woman Killed In Wreck
(
- 3.Sunday Fires Hit Popular MS, LA Restaurants
(
- 4.Bobby Brown; "I Love You Whitney"
(
- 5.A Glimpse of Mardi Gras Past
(
- 6.Below Freezing Temperatures
(
- 7.Cold Again Tonight
(
- 8.Cold Snap
(
- 9.Ala. Lawmakers Working on Immigration Law Changes
(
- 10.Florida Company Wants to Run Cuba Ferry
(
Advertisement
Advertisement