If Disney Buys a Piece of Fox, Marvel's the Biggest Winner
If you look back at the history of studio acquisitions made by The Walt Disney Company (NYSE: DIS), they have been positively brilliant. The House of Mouse acquired Pixar in 2006 for $7.4 billion, and later purchased Marvel and Lucasfilm for $4 billion each. In making these acquisitions, the company added to its treasure trove of intellectual property and lay the groundwork for a string of box-office hits for more than a decade and counting.
Now, the press is ripe with rumors that Disney is closing in on the next big addition to its fold. Early last month, CNBC reported that Disney was in talks with Twenty-First Century Fox, Inc. (NASDAQ: FOX) (NASDAQ: FOXA) to acquire the bulk of the company's movie studios and TV-production assets, and more recent reports suggest that a deal could be announced as early as next week. While there would be much to gain from such a deal, the greatest beneficiary would be Marvel Studios.
A deal with Fox could bring the X-Men home to Marvel. Image source: Fox.
Source: Fool.com
Walt Disney Co. Stock
With 53 Buy predictions and not a single Sell prediction Walt Disney Co. is an absolute favorite of our community.
With a target price of 115 € there is a positive potential of 40.67% for Walt Disney Co. compared to the current price of 81.75 €.