Yikes: Disney buys Marvel

August 31, 2009 by Geeks are Sexy | 6 comments

Ladies and gentlegeeks, I’m sorry to announce you that today will be remembered as the day Marvel died.

Under the terms of the agreement and based on the closing price of Disney on August 28, 2009, Marvel shareholders would receive a total of $30 per share in cash plus approximately 0.745 Disney shares for each Marvel share they own. At closing, the amount of cash and stock will be adjusted if necessary so that the total value of the Disney stock issued as merger consideration based on its trading value at that time is not less than 40% of the total merger consideration…

Under the deal, Disney will acquire ownership of Marvel including its more than 5,000 Marvel characters. Mr. Perlmutter will oversee the Marvel properties, and will work directly with Disney’s global lines of business to build and further integrate Marvel’s properties.

Soon at a location near you: Wolverine on Ice.

[Disney to Acquire Marvel Entertainment | Picture Source: Nerdcore.de]

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6 Responses to “Yikes: Disney buys Marvel”

  1. Scott says:

    Um… Batman… um… yeah, he’s not a Marvel character. We may need to re-evaluate your geek status. :)

    This is the first negative comment I’ve heard on this deal. By all accounts no one expects Disney to muck with Marvel’s comic lines and generally use this for the movies/tv etc.

    Pixar + Marvel sounds like a great idea to me.

  2. Andrew says:

    Hmm, to be fair, Disney actually owns a lot of companies in the entertainment media world.

    So long as they hold off of those tie-ins and treat it as a separate brand, they should be okay.

    I can’t see them letting the comics die or change.

  3. Doug says:

    Not so funny, but when I first heard the news (yesterday), I pictured Toby McGuire removing his Spiderman mask, and having big, black Micky ears.

    Maybe this news would be perceived differently if Disney doesn’t seem to be more “bottom line” oriented, than imagination and creativity.

  4. Pablo says:

    Here’s a cartoon version of the future alliance: http://www.youtube.com/watch?v=MrAwJzda69I

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