Disney acquires Marvel

31 Aug, 2009

According to Mashable Disney aquired Marvel Entertainment today.

Disney CEO Robert Iger says “Disney’s marketing channels will help unlock Marvel’s ‘treasure trove’ of characters.”

It was a deal that found Marvel receiving $4 billion. Marvel Shareholders will receive $30 for every share they own plus 0.745 Disney shares.

From Mashable: Disney to Acquire Marvel for $4 Billion

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Gregory

I am an ex-pat Newfoundlander who has uprooted and moved to the big city of Toronto. I develop web applications for work and for fun. I play ultimate and ice hockey year-round and camp every chance my girlfriend will let me.

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