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Disney to Acquire Marvel Comic Book Empire for $4 Billion

Authored by Mark Hefflinger on August 31, 2009 - 7:19am.
Burbank, Calif. - Disney (NYSE: DIS) announced on Monday that it will acquire comic book empire Marvel Entertainment, which counts a portfolio of over 5,000 characters, including Spider-Man and the X-Men, in a stock and cash deal valued at $4 billion. "This transaction combines Marvels strong global brand and world-renowned library of characters including Iron Man, Spider-Man, X-Men, Captain America, Fantastic Four and Thor with Disney's creative skills, unparalleled global portfolio of entertainment properties, and a business structure that maximizes the value of creative properties across multiple platforms and territories," said Disney president and CEO Robert A. Iger.
tags: Deals | Movies | Disney | Acquisitions | Publishing | Bob Iger | Marvel Entertainment |