17 Apr '17, 8am

Analysts Revive Rumors of Apple Acquiring Disney

Analysts Revive Rumors of Apple Acquiring Disney

Apple may potentially find the capital to reach an over $200 billion USD dollar deal to acquire Disney , according to research notes from RBC Capital analysts. The possible merger & acquisition would create a company worth $1 trillion USD, which would allow for “almost limitless opportunities in content and technology.” “Recently, investors have increased their expectations that Apple could seriously consider acquiring Disney,” RBC analysts wrote in the note, which set off speculation shock waves throughout Wall Street. The M&A rumor first circulated last fall when Apple’s CEO Tim Cook told analysts that the tech company was “open to acquisitions of any size.” An Apple-Disney merger would combine Apple’s user base and Disney’s content to establish itself as a substantial competitor to Netflix , Amazon and other leading entertainment/content companies. “Content is a major f...

Full article: https://hypebeast.com/2017/4/apple-acquiring-disney-rumors

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