Monday, August 31, 2009

DISNEY BUYS MARVEL COMICS TO THE TUNE OF $4B

That is "B" as in "billion".

You got it, kids. The comics giant, Marvel Comics, has sold to Disney. You can read all about it at Publisher's Weekly and Hollywood Reporter. What does it all mean? Who knows. We do know that Marvel's stock price increased to $48 (up 25%).

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