The Comic Book Listings Blog:
In an absolutely Stunning move, Marvel Entertainment Inc. (MVL) has SOLD OUT to Mickey Mouse... er, I mean, to the Walt Disney Co. (DIS), for a mere $4 billion in cash and stock.
Under the deal, which was announced Monday and is expected to close by the end of the year, Disney will acquire the rights to 5,000 Marvel characters.
I can see it now...
"Sleeping Beauty Meets Spiderman"!
"The Seven Dwarfs vs The Fantastic Four",
"The Incredible hulk Seeks the Wizard of OZ".
Holy Mixed Marriages Batman! huuu?
Here's something for ya!
Back on June 2, 2008. I wrote a news article about Marvel Entertainment being Added to the S&P Mid-Cap 400 Index. At that time, Marvel Entertainment shares were selling for $34.89 in after hours trading.
Now Dig This!
Marvel shareholders will receive $30 per share in cash, plus 0.745 Disney shares for every Marvel share they own. That values each Marvel share at $50 based on Friday's closing stock prices.
Marvel shares shot up $9.77, or 25 percent, to $48.42 in afternoon trading Monday. Disney shares fell 79 cents, or 2.9 percent, to $26.05.
What do You think of this mixed marriage?
(Especially after the Phenomenal Iron Man Movie produced by Marvel Entertainment.)
Good Thing? ... Bad Thing?
- Yahoo - Disney to buy comic book powerhouse Marvel for $4B
Pow! Disney captures Spider-Man, Iron Man and other Marvel characters in $4 billion deal
- Baltimore Sun - Disney to buy Marvel
The Walt Disney Co. announced today that it will spend $4 billion to buy Marvel Entertainment -- and the more than 5000 Marvel characters,..
- The i-Phone Blog - Steve Jobs on Disney is buying Marvel Comics
- NewsWeek - Disney's Own Iron Man
Finally, Snow White can ditch those seven dwarfs for some tough guys--Spider-Man, Iron Man and the X-Men.
- Forbes - Walt Disney Co to buy Marvel Entertainment
Walt Disney Co on Monday agreed to buy Marvel Entertainment Inc for $4 billion in the biggest media deal of the year, banking on Marvel's roster of ...
- LATimes - Disney's premium for Marvel: Not enough, or too much?
- USA Today - The Disney-Marvel deal: What happens to the games?
- more to come
- Marvel to Replace commerce Group in Mid-Cap 400
- Marvel Comics Upgraded on New York Stock Exchange
- Hillary Clinton Involved in Marvel Comics Stock Scandal
- Marvel Stock Scandal Continues
- Marvel Superheros Could Not Stop Marvel Entertainments Stock Drop