Disney Agrees to Purchase Marvel for About $4 Billion
Aug. 31 (Bloomberg) -- Walt Disney Co. said it agreed to buy Marvel Entertainment Inc. for about $4 billion in a stock and cash transaction, gaining comic-book characters including Iron Man, Spider-Man and Captain America.
Marvel shareholders will receive $30 a share in cash plus 0.745 Disney shares, the companies said today in a statement distributed by Business Wire.
Disney is buying the company, also the owner of the X-Men series, after films based on Marvel characters set box-office records. The deal gives Disney ownership of more than 5,000 Marvel characters.