NEW YORK/LOS ANGELES (Reuters) – Walt Disney Co on Monday agreed to buy Marvel Entertainment Inc for $4 billion in the biggest media deal of the year, banking on Marvel's roster of superheroes to broaden its lineup of movie franchises that appeal to boys.
And I am sure Stan Lee wont get a dime out of this except maybe some cameos in the upcoming onslaught of films. Not to mention the porn business is running amok with this idea.
Well it looked like we might cave today but the buy button got hit 2 minutes before the close and we ended up back at 1020 on the S&P. My pick for tomorrow is long GG @ 36.64 God Luck.