In a bold move, Disney buying Marvel Comic giant
The Walt Disney Company announced the acquisition yesterday of a bold, channeling $ 4000 million in cash and stock owners to acquire Marvel Entertainment comic book giant.
The Walt Disney Company made waves yesterday, and not for an innovative new animated film or a remake of an old classic. Instead, the popular entertainment company reached an agreement with Marvel Entertainment, Inc. to buy the comic company $ 4 billion. The measure will bring Iron Man, Spiderman and other Marvel classics under the Disney umbrella, further enhancing an already full table of cartoon characters. The agreement was for cash and shares, is likely to lead to a series of new games, movies, clothes and other goods, such as the Disney machine gets behind the nearly 5,000 characters appearing in comic books Marvel.
Disney CEO Robert Iger told financial analysts "," sparks fly "is the expression that comes to mind. "Stan Lee, the man who co-creator of Spiderman and other classic Marvel characters, I was happy at the news, saying:" I love both companies. From every point of view, this is a great game. "The agreement is expected to close in late 2009th second represents the largest acquisition by the Disney company since it bought Pixar Animation Studios Inc. That purchase was $ 7.4 in shares in 2006.
Disney's decision is intended, apparently, to boost the appeal of the company of men and children, and that the company had been spending money and time on projects like "Hannah Montana" and Jonas Brothers, acts that appeal almost exclusively girls. Gareb Shamus, Wizard Entertainment Group chief, said: "Disney will have something that kids grew up with and can experience with their children, especially their children."