Update: When Mickey met Spidey: Disney acquires Marvel Entertainment!!!

Some peeps don’t get the deal! Can;t believe it, DIS has issues with the young boys, they have the girls, but the boys are into Marvel comic book heroes not Mickey, NOW they will have the means to keep boys too! So here are the Runaways, Where the Boys Are…..

Courtesy of CherieO

WSJ is live blogging the investors conf call now, see here

Scroll down for updates!

Oh the awesomeness is sooooo….awesome! My shares will rise High! The movies and theme parks will be better, stronger, faster, oops thats the Six Million Dollar Man but you get what I mean! Bob Iger you’re my hero!


Update 2: FD– I just bought more shares, so I am ‘talking my book’, lol!

Update: Details on the deal. I am soo excited, MiM wolds are colliding, in a fantastic way!

Walt Disney CEO and president Robert Iger told CNBC Monday that Disney’s deal to buy Marvel Entertainment for $4 billion in cash and stock was good for both companies.

“Disney’s global reach can enhance what Marvel is already doing,” said Iger. “It was the perfect opportunity for Disney to buy an attractive property. It was a good price for them and us.”Under the deal, Disney will acquire ownership of 5,000 Marvel characters. Many of them, including favorites such as the Fantastic Four and the X-Men, were co-created by the comic book legend Stan Lee.

Disney said 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…

August 31, 2009. Tags: , , . Art, Entertainment, Fantasy, Fiction, Film, gaming, graphic art, Popular Culture, Saturday Morning Cartoons, Sci Fi, Supernatural.

One Comment

  1. Marvel shareholders approve Disney merger « Moderate in the Middle replied:

    […] Yay! (we are DIS shareholders. See our previous post on the merger here) […]


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