Walt Disney Co., the world’s largest media company has just acquired Marvel in a $4 billion deal in cash and stock adding the line up of comic-book characters like Spider Man and Iron Man to its roster of action stars.
Marvel stock owners will receive a $30 a share plus 0.745 share of Disney stock. Marvel’s acquisition is the second largest acquisition of Disney after the Pixar deal in 2006 which amounted to $8.06 billion.
The said deal will give way for Disney to market around 5,000 Marvel characters in movies, television, theme parks and retail stores worldwide. Recent movies with Marvel characters such as “Spider Man”, “Iron Man” and “Wolverine” have grossed a lot of revenues as these films are certified box office hits. Definitely, Disney, with its acquisition of Marvel, gives them an opportunity to shore up their profits.
Isaac Perlmutter who is the Chief Executive Officer or Marvel and owns about 37% of the company will receive approximately $866.7 million in cash and $565.3 million worth of stocks. He will now become one of Disney’s 20 largest investors after the deal.
I’m sure that this deal will definitely benefit Disney especially in the long run. I am a fan or Marvel characters ever since I was a child and with Disney’s acquisition of Marvel, there are already a line up of movies which will be shown in theatres – “Iron Man 2”, “Thor”, “The First Avenger: Captain America”, “The Avengers” and “Iron Man 3”.