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WSJ: Relativity looks to crash Disney's bid for Maker

  • Relativity Media has offered to buy Maker Studios for up to $900M in stock despite the YouTube content provider agreeing to sell itself to Disney (DIS), the WSJ reports.
  • Relativity,  a mid-sized film and entertainment company, is bidding $500M up front and $400M in milestones. Relativity is also proposing a $100M "bonus pool" to Maker's "key talent and executives."
  • Disney, though, is offering $500M in cash and $450M in additional payouts. A source said he believes that the companies have a binding agreement and so the Relativity offer would have no effect. Maker's shareholders are due to vote on the bid tomorrow.
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Comments (3)
  • Latinman4747
    , contributor
    Comments (7) | Send Message
     
    Relativity vs. Disney....Give me a break. Disney wins this one even if they need to up the bonus pay.
    14 Apr 2014, 08:58 AM Reply Like
  • scott trader
    , contributor
    Comments (5420) | Send Message
     
    Headline very misleading and then reputed by info in last sentence...
    14 Apr 2014, 10:35 AM Reply Like
  • Cdn_divman
    , contributor
    Comments (96) | Send Message
     
    Doesn't it sound corrupt to offer the executives hundred million dollars to get them to go with the new offer? Shouldn't that money belong to the shareholders?
    14 Apr 2014, 11:35 AM Reply Like
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