Disney to Pay $4 Billion for Comic Giant Marvel

August 31, 2009

By BROOKS BARNES and MICHAEL CIEPLY

LOS ANGELES — In a deal that redraws Hollywood’s architecture, the Walt Disney Company said Monday that it would acquire Spider-Man and his Marvel Entertainment cohorts for $4 billion.

Disney will pay a combination of about 60 percent cash and 40 percent stock to acquire Marvel, the comic book giant whose stable of 5,000 characters includes some of the world’s best-known superheroes: Iron Man, the X-Men, the Fantastic Four, Captain America and Thor…

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http://www.nytimes.com/2009/09/01/business/media/01disney.html?em