Apple Buyout of Mickey
Got to love this one!
So go the Disney buying Apple rumors.
Apple could bid for Disney: Barron's
or maybe
So go the Disney buying Apple rumors.
Apple could bid for Disney: Barron's
Quote:
Apple could bid for Disney: Barron's
By Greg Morcroft, MarketWatch
Last Update: 12:07 PM ET Feb 25, 2006
NEW YORK (MarketWatch) -- Barron's on Saturday said it's possible that Apple could make a bid to buyout Disney after CEO Steve Jobs becomes the legendary entertainment firm's largest shareholder.
Jobs, who is the CEO of computer animation business Pixar (PIXR) as well as Apple (AAPL) , will own 7% of Disney (DIS) after that firm's agreement to acquire the maker of movies like Toy Story and Finding Nemo.
"I think he has an open option," Barron's quoted analyst Christopher Whalen, a New York-based managing director of Institutional Risk Analytics. "Disney is badly undervalued right now. Jobs might get an opportunity to take it out."
Whalen argues that Jobs' unique familiarity with both the content and technolgy sides of Hollywood make the case for a bid more compelling.
"The markets and Disney shareholders would welcome a merger led by their apparent savior, Steve Jobs," Whalen concluded.
Apple could bid for Disney: Barron's
By Greg Morcroft, MarketWatch
Last Update: 12:07 PM ET Feb 25, 2006
NEW YORK (MarketWatch) -- Barron's on Saturday said it's possible that Apple could make a bid to buyout Disney after CEO Steve Jobs becomes the legendary entertainment firm's largest shareholder.
Jobs, who is the CEO of computer animation business Pixar (PIXR) as well as Apple (AAPL) , will own 7% of Disney (DIS) after that firm's agreement to acquire the maker of movies like Toy Story and Finding Nemo.
"I think he has an open option," Barron's quoted analyst Christopher Whalen, a New York-based managing director of Institutional Risk Analytics. "Disney is badly undervalued right now. Jobs might get an opportunity to take it out."
Whalen argues that Jobs' unique familiarity with both the content and technolgy sides of Hollywood make the case for a bid more compelling.
"The markets and Disney shareholders would welcome a merger led by their apparent savior, Steve Jobs," Whalen concluded.
or maybe
Comments
In reality I wouldn't be that surprised... could this be perhaps the fun little secret to be announced on tuesday? (I doubt it but it's fun to speculate)