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There has been so much buzz around the announcement back in August that Disney had plans to buy Marvel Entertainment.
When making the announcement Bob Iger said, “This transaction combines Marvel’s strong global brand and world-renowned library of characters including Iron Man, Spider-Man, X-Men, Captain America, Fantastic Four and Thor with Disney’s creative skills, unparalleled global portfolio of entertainment properties, and a business structure that maximizes the value of creative properties across multiple platforms and territories,” said Robert A. Iger, President and Chief Executive Officer of The Walt Disney Company. “Ike Perlmutter and his team have done an impressive job of nurturing these properties and have created significant value. We are pleased to bring this talent and these great assets to Disney.”
“We believe that adding Marvel to Disney’s unique portfolio of brands provides significant opportunities for long-term growth and value creation,” Iger said.
It appears that the merger is one step closer. Marvel stockholders have approved the deal. The meeting was held yesterday in New York. The estimated deal is said to be around $4.3 billion.
The completed merger date is still up in the air. When you do something this big, there’s a lot of red tape to go through I imagine.
Image Credit: Paramount Pictures