Walt Disney Co said on Monday it plans to buy Marvel Entertainment Inc for $4 billion in a deal that would add 
characters like Iron Man, Spider-Man, and the Fantastic Four to its entertainment empire.
The cash and stock deal values Marvel at $50 per share, or a premium of 29 percent to Marvel’s closing stock price of $38.65 on Friday. The deal has been approved by the boards of both companies, Reuters reported. Read the rest of this entry »
