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Monday, November 30 2009  |  09:06 EDT  | 
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Market Currents

Monday, August 31, 2009
9:07 AM TweetThis
  • Disney (DIS) to acquire Marvel Entertainment (MVL) and its portfolio of over 5,000 characters in a stock and cash transaction worth about $4B. MVL shareholders to receive $30 and 0.745 DIS shares per share, or about $50. Marvel closed at $38.65 on Friday. (PR) DIS -3.1% premarket. MVL +25% to $48.48.

This news story has 3 comments:

  •  
    Closed at 38.65 now at 48.48 which begs the question when was this story first out? I didn't here about it until today. I always blown away by how a stock moves before the news, ( if that's the case) and why the sec doesn't check into this, and why we (traders) don't get a little more upset about this. By the way I'm not saying there was any wrong doing just on observation.
    Aug 31 09:24 AM | Link | Reply
  •  
    why would the sec start investigating things under their jurisdiction now?


    On Aug 31 09:24 AM sbra wrote:

    > Closed at 38.65 now at 48.48 which begs the question when was this
    > story first out? I didn't here about it until today. I always blown
    > away by how a stock moves before the news, ( if that's the case)
    > and why the sec doesn't check into this, and why we (traders) don't
    > get a little more upset about this. By the way I'm not saying there
    > was any wrong doing just on observation.
    Aug 31 09:27 AM | Link | Reply
  •  
    that's funny!


    On Aug 31 09:27 AM coloneldebugger wrote:

    > why would the sec start investigating things under their jurisdiction
    > now?
    Aug 31 11:37 AM | Link | Reply
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