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TUESDAY, NOVEMBER 24, 2009
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Disney to Buy Marvel for $4B

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(AP) – The Walt Disney Co. says it is acquiring Marvel Entertainment 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. Marvel shareholders will receive $30 per share in cash plus 0.745 Disney shares for every Marvel share they own, Disney reports.

The boards of Disney and Marvel have both approved the transaction, but it requires an antitrust review and the approval of Marvel shareholders.

This illustration released by Marvel Comics, shows comic book hero Captain America from the Ultimates universe.
This illustration released by Marvel Comics, shows comic book hero Captain America from the Ultimates universe.   (AP Photo/Marvel)
In this July 24, 2008 file photo, Marvel Comics
In this July 24, 2008 file photo, Marvel Comics "Incredible Hulk" looms over attendees at the Comic-Con 2008 convention in San Diego.   (AP Photo/Denis Poroy, file)
In this photo released by Marvel Entertainment, Iron Man is shown in his Mark III armor in a scene from
In this photo released by Marvel Entertainment, Iron Man is shown in his Mark III armor in a scene from "Iron Man."   (AP Photo/ Marvel Entertainment, Zade Rosenthal)
Marvel properties Iron Man, The Incredible Hulk, Captain America and Thor.
Marvel properties Iron Man, The Incredible Hulk, Captain America and Thor.   (Graphic: Business Wire)
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10 comments
VIEWING:
 
DJM420
Aug 31, 09 8:37 AM CDT
i guess this ensures my fave toons will never go away...(is that a good thing?) Reply
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0
No118
Aug 31, 09 9:21 AM CDT
Good move. Reply
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-3
Christian
Aug 31, 09 9:28 AM CDT
Hrm... I wonder what, if any, implications this will have with their current multi-studio film projects. Reply
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+2
atomick
Aug 31, 09 10:21 AM CDT
BOO! One more step towards turning every aspect of American Culture into watered-down, cookie-cutter, homogenized CRAP. Reply
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+5
IN RESPONSE:
avantgarder
Aug 31, 09 10:41 AM CDT
I agree. we need diversity. we need studios and prod cos to have different visions and goals, which means different types of movies. Iron Man was the first Mavel Studios film and they've already sold themselves? geez
Vote up! Vote down!
+1

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