Business titans Apple and Disney could be merging into one gargantuan company, which experts believe will benefit both companies.
Apple, Inc. and The Walt Disney Co. have a longstanding relationship, personified by the fact that returning Disney CEO Bob Iger was friends with the late Apple founder Steve Jobs.
While Apple and Disney are perceived to be fluttering their eyelashes at each other, any potential merger or acquisition will “almost certainly” be met by pushback and “shareholder litigation,” according to one finance attorney.
Talks of a team-up were sparked again recently when Needham analyst Laura Martin told her clients that an acquisition would make Apple worth 15-25 percent more valuable. So how likely is a merger or acquisition between the two at this time?
Read more at Newsweek.com
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