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| Hearsay: |
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.
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August 31st, 2009 at 5:15 pm
I wrote a lengthy post on my blog about it where I go into way more detail, so I won’t waste your space here. I’ll just say that this really cannot end well for Marvel.
September 1st, 2009 at 6:03 am
$4 billion for a whole universe? Bargain.
At least now Spiderman will be more about the sticking to walls and less about the upside-down kissing.
September 2nd, 2009 at 9:11 am
Still a little disturbed by the thought of you walking down a beach with Hugh Jackman. That’s a little too far across the this-world/that-world line into the Hawaiian shirts and maraccas.
September 2nd, 2009 at 9:13 am
Hey, if I’m going to switch teams for anyone, it’ll be the hottie with the anger-issues and teh two foot metal claws. I have a thing for bad boys.
September 2nd, 2009 at 10:15 am
Well, see, that’s my point. You didn’t say George and Logan, you said George and Hugh Jackman, which means if you’ve switched teams you already have a ticket to the Tonys.
September 3rd, 2009 at 11:47 am
I hope Disney doesn’t mess around too much with Marvel, like in this funny parody of the situation.
[see link above]