No, Apple is not going to buy Disney

Rumors have been swirling for several weeks on the possibility that Apple is buying Disney, Tim Cook’s company could easily afford it. However, this will not be the case, as indicated by our colleagues from Apple Insider.

Apple and Disney
Apple and Disney © MixDex

Disney announced Sunday night that Bob Iger will replace Chapek as the company’s CEO, who had held the position for nearly three years. Today, some rumors claim that Bob Iger had the objective of selling his company, Apple being the most likely buyer. But it won’t, like indicate it our colleagues fromApple Insider.

No Disney takeover in sight for Apple

It has been several years since a takeover of Disney by Apple has been mentioned, Boib Iger being a close friend of Steve Jobs. A merger between the two companies would have been possible before the death of the former boss of the Cupertino company, but This is no longer the case todayas revealed by our colleagues.

He is going to sell the business », declared a source who had worked for Bob Iger. ” It’s the pinnacle of a deal for the ultimate negotiator he said, noting that the two companies have ” similar brand identities and that they could benefit from a merger.

To read: Marvel: The takeover by Disney is a boon, according to its CEO

In contrast, Apple (usually) only acquires small companies. Buying Disney would be prohibitively expensive: Disney has a market valuation of US$180 billion which would reach a premium of US$200 billion if the studio were to be acquired. With a market capitalization of $2.389 billion, Apple could easily afford it, but the project would not be in its cards, still according to Apple Insider.

Money is not the only element to consider. The regulators would also be a problem. “ A deal of this size is likely to draw strong antitrust resistance at a time when regulators have stepped up efforts to block other recently proposed mega media deals. » can we read at the house of WDWNT. An American judge, for example, has just refused the merger of publishing houses: Penguin Books and its rival Simon & Schuster, within the framework of what, according to Reuterswas just a $2.2 billion deal.

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