Wednesday, September 02, 2009

Say it aint so Stan!

Disney to acquire Marvel for $4 billion

Aug 31 09:10 AM US/Eastern

LOS ANGELES (AP) - The Walt Disney Co. says it is acquiring Marvel Entertainment Inc. for $4 billion in cash and stock, bringing characters like Iron Man and Spider-Man into the Disney family.

Under the deal, Disney will acquire ownership of 5,000 Marvel characters.

Disney said Monday that Marvel shareholders will receive $30 per share in cash plus 0.745 Disney shares for every Marvel share they own.

It said the boards of Disney and Marvel have both approved the transaction, but it requires an antitrust review and the approval of Marvel shareholders.

I can't imagine any circumstance where this will not end badly for any real Marvel, real comic, or real superhero fan.

The mere thought of Disney owning say, the silver surfer... There's a puker right there.

Let's just say I forsee a lot more "Howard the Duck", and a lot less Deadpool.

Oh and for you anal comic books guy types: yes, I know, I could have been even more quote appropriate, since Joe Quesada is the actual Editor in Chief at Marvel; but most people associate Stan Lee with Marvel.