Mickey Mouse Will Soon Own Spider-Man
09/01/2009
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(BBC) Entertainment giant Walt Disney is to buy Marvel Entertainment in a shares and cash deal valued at $4bn (£2.5bn).The deal means Disney will take over ownership of 5,000 Marvel characters, such as Spider-Man and the X-Men. Marvel shareholders will get $30 per share in cash plus 0.745 Disney shares for every Marvel share owned. The boards of Disney and Marvel have both approved the deal, which now needs the backing of Marvel shareholders and competition authorities.
- more on this story [We mistakenly put Superman in the headline and comic fans quickly pointed out that he is on DC Comics, not Marvel. Sorry about that. It was a brain fart we meant to put Spider-man up there. So rest assured that Superman is safe from the terror that is Mickey Mouse]
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