WOAH: Disney to buy Marvel Comics for $4 Billion.

Marvel Characters

The New York Times reports this morning that Disney is going to buy Marvel Comics for an estimated four billion dollars.

Under the terms of the deal, Marvel shareholders will receive a $30 a share in cash plus about 0.745 Disney shares for each Marvel share they own. The boards of both companies have approved the deal, which was valued at $50 a share.

With the acquisition, Disney will acquire more than 5,000 Marvel characters.

“We believe that adding Marvel to Disney’s unique portfolio of brands provides significant opportunities for long-term growth and value creation,” the chief executive of Disney, Robert A. Iger, said in a statement.

Ike Perlmutter, Marvel’s chief executive, said: “Disney is the perfect home for Marvel’s fantastic library of characters given its proven ability to expand content creation and licensing businesses. This is an unparalleled opportunity for Marvel to build upon its vibrant brand and character properties by accessing Disney’s tremendous global organization and infrastructure around the world.”

Mr. Perlmutter will oversee the Marvel properties, and will work directly with Disney’s global lines of business to build and further integrate Marvel’s properties.

Congratulations are in order. This is outstanding. I have to wonder whether this will affect it in the manner that affects DC/Warners. I hope not, but Marvel Talent Scout C.B. Cebulski did have this to say:

screen-capture-1

Well, I don’t think anyone has anything to worry about if that’s the case.

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