RUMOR: Apple Looking To Buy Disney For $200 Billion
Similar to how AT&T purchased Warner Bros. for $85 billion, Apple is reportedly weighing whether to pursue acquistion of The Walt Disney Company. Variety reports [via RBC Capital Markets ]that Apple would need to come up with $200+ billion to pull off such a deal. It's said that Apple is looking to build an instant competitor to Netflix, with all of Disney's TV and film library available on it's iPhones, iPads and MacBooks. In addition, Apple would integrate all of its tech products and softeare into Disney's various theme parks around the world.
Apple is reportedly contemplating purchasing Disney for $200+ billion in a move that would give the tech giant control of Marvel Entertainment, Lucasfilm, ABC, ESPN and much, much more.
Also of interest is the disclosure that Apple was looking at potentially acquiring Warner Bros. prior to the studio's merger with AT&T last Fall.
This latest rumor comes on the heels of speculation that Disney was weighing whether to make an offer to purchase Netflix, a move that anlysts questioned and they've since backed away from.
Again, similar to the AT&T and WB merger (which is still not final), a number of legal proceedings and tax breaks to make such a merger viable would have to occur so any deal or discussions are in the earliest of stages, at best.
However, she recently sold a large portion of her stock in the company this past February...
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