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Monday, August 31, 2009

Disney is buying out Marvel

It was said today that Disney was going to buy out Marvel for approximately 4 billion dollars.  This may be good or bad news for Disney stockholders.  The agreement states that Marvel stockholders will get $30 per share they own, plus 0.745 of Disney's stock per share they own of Marvel.

The bad news for Disney stockholders is that there are going to be millions more stock floating out there, but Disney is planning to buy back the stock over the next two years, if approved

The good thing for Disney is that they will have access to over thousands of new characters.  They can use them in movies, or place the characters around Disneyland.

So many possibilities...""Spider-Man will appear in 'A Bug's Life' sequel," joked Barclays Capital analyst Anthony DiClemente." (CNN.com 2009)

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1 comment:

  1. thats crazy!
    did marvel go broke as well.
    man.. one day, disney will be so rich to become its own entity. and that all of its theme park will become sovereign territory.

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