The Associated Press: Disney to buy comic book powerhouse Marvel for $4B
Of course, it's never too early to speculate what this means for the Disney parks and what it could possibly mean to Marvel themed rides at other parks like Islands of Adventure. I'm sure that rides like the "Amazing Adventures of Spiderman" have an agreement to keep the character theming in the ride, but it could effect the walk-around characters.LOS ANGELES — The Walt Disney Co. said Monday it is acquiring Marvel Entertainment Inc. for $4 billion in cash and stock, bringing characters like Iron Man and Spider-Man into the family of Mickey Mouse and WALL-E.
Under the deal, Disney will acquire ownership of 5,000 Marvel characters. Many of them, including favorites such as the Fantastic Four and the X-Men, were co-created by the comic book legend Stan Lee.
Disney said Marvel shareholders will receive $30 per share in cash, plus 0.745 Disney shares for every Marvel share they own. That values each Marvel share at $50 based on Friday's closing stock prices.
Marvel shares jumped $10.09, or 26 percent, to $48.74 in trading before the market opened. Disney shares fell 70 cents, or 2.6 percent, to $26.14.
Disney said the boards of both companies have approved the transaction, but it will require an antitrust review and the approval of Marvel shareholders.
As far as which parks this could possibly effect most, my guess would be Disney's Hollywood Studios in Florida, Disney's California Adventure in Anaheim and possibly Walt Disney Studios in Paris.
Aside from the parks, having the Marvel empire and their on-going franchises in theatres under the Disney umbrella as well as yet another franchise to support at events like Comic-Con can be nothing but a good thing.
Can't wait to see Stan Lee in a cameo role in Pirates 4.
Read more about Disney and Marvel in MiceChat's Marvel Entertainment section: http://micechat.com/forums/marvel-entertainment/