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Breaking: Disney To Acquire Marvel Entertainment For $4 Billion

– August 31, 2009Posted in: Disney, General, Headline, marvel

marvel Breaking: Disney To Acquire Marvel Entertainment For $4 Billion The Walt Disney Company has agreed to acquire Marvel Entertainment in a stock and cash transaction, the companies announced today. Under the terms of the agreement and based on last week’s closing price of Disney, Marvel shareholders would receive a total of $30 per share in cash plus approximately 0.745 Disney shares for each Marvel share they own. Based on the closing price of Disney stock on Friday, August 28, the transaction value is $50 per Marvel share or approximately $4 billion.

Under the deal, Disney will acquire ownership of Marvel including its more than 5,000 Marvel characters, including Iron Man, Spider-Man, X-Men, Captain America, Fantastic Four and Thor.

(News breaking, more coming)

Breaking: Disney To Acquire Marvel Entertainment For $4 Billion

Breaking: Disney To Acquire Marvel Entertainment For $4 Billion

Breaking: Disney To Acquire Marvel Entertainment For $4 Billion

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Tags: Captain America, Cash Transaction, Disney, Disney Shares, Disney Stock, Fantastic Four, Iron Man, Marvel Characters, Marvel Entertainment, Shareholders, Spider Man, Thor News, Transaction Value, Walt Disney, Walt Disney Company, X Men

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