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Disney to buy comic book powerhouse Marvel for $4B

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August 31, 2009
LOS ANGELES (AP) -- The Walt Disney Co. said Monday it is buying Marvel Entertainment Inc. for $4 billion in cash and stock, bringing such characters as iron man and spider-man into the family of Mickey Mouse and WALL-E. Under the deal, Disney will acquire ownership of 5,000 Marvel characters. Many of them, including the Fantastic Four and the X-Men, were co-created by the comic book legend Stan Lee. Analyst David Joyce of Miller Tabak &
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