Disney to buy Marvel for $4bn
New York, August 31 – Walt Disney said on Monday it plans to buy Marvel Entertainment for $4bn in a deal that would add characters like Iron Man, Spider-Man, and the Fantastic Four to its entertainment empire.
The cash and stock deal values Marvel at $50 a share, or a premium of 29 per cent to Marvel’s closing stock price of $38.65 on Friday. The deal has been approved by the boards of both companies.
Now that's just unbelievable, True Believers.
And I really wanted to put Mickey Mouse Ears on Spiderman...