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Disney To Purchase Marvel

Disney has agreed to acquire Marvel and it’s extensive portfolio of over 5,000 characters.

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.

Click here to see the Marvel press release.

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Back by popular demand, the Supergirl Kotobukiya Statue has been re-released.

Manufactured again to meet popular demand, this is one super girl! Sure, your cousin may be hot, but can she fly or stop a speeding bullet? From the hyper-creative minds at Kotobukiya, comes this dazzling, exquisitely crafted Supergirl Vinyl Statue. This sexy superheroine stands approximately 10-inches tall and is packaged in a 4-color window box. But she won’t be cooped up in there for long. You’ll want her out where she can drive you to leap tall buildings in a single bound!

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