Marvel Entertainment (MVL) Trading Up 25% On Disney (DIS) Buyout News
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Price: $103.82 -0.39%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: +11.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: +11.6%
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Disney (NYSE: DIS) is acquiring Marvel Entertainment (NYSE: MVL) for $30 in cash plus .745 in Disney shares. Marvel is trading up approximately 25% to $48 on the news.
This buyout could put other media properties in play, such as Lions Gate (NYSE: LGF), Martha Stewart Living (NYSE: MSO) and CBS (NYSE: CBS)
This buyout could put other media properties in play, such as Lions Gate (NYSE: LGF), Martha Stewart Living (NYSE: MSO) and CBS (NYSE: CBS)
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