Walt Disney Buys Marvel For $4 Billion In Stock And Cash

The Walt Disney Company has agreed to purchase Marvel Entertainment for $4 billion in cash and stock. Wow… just… wow. This is huge news in the entertainment industry, and just business in general. Here is the official announcement: August 31, 2009 DISNEY TO ACQUIRE MARVEL ENTERTAINMENT Burbank, CA and New York, NY, August 31, 2009 —Building on its strategy of delivering quality branded content to people around the world, The Walt Disney Company (NYSE:DIS) has agreed to acquire Marvel E