Sunday, January 3, 2010
Marvel / Disney deal is done!
As we previously mentioned, Disney planned on purchasing Marvel Entertainment for the whopping price of $4.24 billion and now it's a done deal.
Marvel shareholders approved the sale on Thursday which means Disney now owns the rights to Spider-Man, Iron Man and its 5,000 other comic book creations.
Isaac "Ike" Perlmutter, Marvel chief executive, will continue to oversee the business, but report to Walt Disney Co. CEO Robert Iger.
"The creative and business potential of this combination is substantial," says Iger regarding the acquisition.
I am Mouserine!