Spider-Man Meet Mickey Mouse: Disney Acquires Marvel

Disney Walt Disney 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 The Associated Press
Published: Mon, August 31, 2009 - 7:15 am CST Last Updated: Mon, August 31, 2009 - 7:18 am CST
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.)
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ickthus
ickthus Says:
Mon, Aug 31, 2009 at 1:16 pm

Stan Lee didn’t write Richie Rich but he is!!!!!!!!!!!!!

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