That audible pop you just heard was created by the air rushing in to fill the vacuum of my interest in Marvel. Goodbye, Wolverine. It was good while it lasted. For the record, you were way better in bed than Spiderman, but not nearly as good as Rogue. (Cue montage of George and Hugh Jackman walking down the beach holding hands and set to Jewel’s “Foolish Games”.) (From BoingBoing)
Under the terms of the agreement and based on the closing price of Disney on August 28, 2009, Marvel shareholders would receive a total of $30 per share in cash plus approximately 0.745 Disney shares for each Marvel share they own. At closing, the amount of cash and stock will be adjusted if necessary so that the total value of the Disney stock issued as merger consideration based on its trading value at that time is not less than 40% of the total merger consideration.
Based on the closing price of Disney stock on Friday, August 28, the transaction value is $50 per Marvel share or approximately $4 billion.