Disney buys Marvel for $4 Billion

Publisher of Spider-Man, Hulk, X-Men comics agrees to buyout offer from multimedia giant behind Mickey Mouse, ABC, Miramax, and more.

The Magic Kingdom will soon see an influx of immigrants, as The Walt Disney Company today announced an agreement with Marvel Entertainment to acquire the comic publisher and its stable of over 5,000 characters. The deal is valued at $4 billion in cash and Disney stock.

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