Disney (DIS) to acquire Marvel Entertainment (MVL) and its portfolio of over 5,000 characters in...

|By:, SA News Editor

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.