Posts Tagged “Wasp”

According to the New York Times, Disney has made a bid to purchase Marvel Comics for $4 billion.

Walt Disney Company said Monday it has agreed to buy Marvel Entertainment, the storied comic book company that owns the rights to such popular characters as Spider-Man and and the Fantastic Four, in a cash and stock deal it valued at $4 billion. The deal comes more than 10 years after Marvel was at the center of a bruising and highly public takeover battle between two feisty financiers.

Shareholders at Marvel will need to approve the transaction, which boards of directors at both companies have already approved.

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