john7994
DIS Veteran
- Joined
- Mar 20, 2022
Early 2004 and the "price" being thrown around was $50-60 Billion at the time.Just a nurse here without an MBA but if I remember correctly didn't Comcast try a hostile takeover of Disney in the 90's
Early 2004 and the "price" being thrown around was $50-60 Billion at the time.Just a nurse here without an MBA but if I remember correctly didn't Comcast try a hostile takeover of Disney in the 90's
Hostile takeovers are extremely rare and I don't think there's ever been one attempted in history for a company the size of Disney. Elon Musk had to borrow against everything he owns and sell a bunch of Tesla to buy Twitter and it's far smaller than Disney.
Numbers-wise, to do a "hostile takeover", a company would have to spend over $100 billion at the current price to buy 50%+ 1 share of Disney (thus giving them control).
Just a nurse here without an MBA but if I remember correctly didn't Comcast try a hostile takeover of Disney in the 90's
I vote AppleThat aside, Disney is a different animal all together. It's hugely profitable. An sufficiently large company with enough assets could make a reasonable go at it and find willing bank rolls. Note I am talking about a company, not an individual. There are much larger fish than Disney (about 97B). Comcast is still over twice Disney's size, and let's not even talk about the likes of Apple, Google or Amazon (1.57 trillion)
I vote Apple
Rumor or not ... best synergies or not ... best purchase in the world or not ... I still vote AppleTo be fair, we do not know that Apple was seriously considering it. The rumors abounded because Apple has been trying to find a winning strategy for content creation and not just distribution. They have a fledgling business now which they have spend a lot of money trying to develop (Apple+). They also have the money to bankroll an acquisition like Disney (they are sitting on a war chest of over 200B IN CASH ASSETS). I.E. they wouldn't even need to finance it (which is INSANE).
I.E. the business model makes sense for them and they have the financial ability to do it.
None of that says they WILL or are interested. Just that from a business model standpoint it makes sense and they could.
There is no doubt that there are companies big enough to mortgage the farm and buy Disney. But it would never ever happen by hostile takeover.Elon is bringing it private. And he was financing something that doesn't have a winning business model. That's why the banks balked - there was not a good path to making the money back. He also didn't sell everything he had - he is worth over 250 billion and he only is investing about 20 billion himself - less than 10%. If he wanted to fund everything he had, he actually could purchase Disney by himself.
That aside, Disney is a different animal all together. It's hugely profitable. An sufficiently large company with enough assets could make a reasonable go at it and find willing bank rolls. Note I am talking about a company, not an individual. There are much larger fish than Disney (about 97B). Comcast is still over twice Disney's size, and let's not even talk about the likes of Apple, Google or Amazon (1.57 trillion) - all content creators that could leverage the IP they would get from Marvel, Pixar, Disney, FOX, National Geographic and ESPN in one nice gift wrapped package.
They did. To the tune of about 54 Billion. However, Disney is a lot bigger now (it would cost them about double that).
But there ARE companies that can come up with the price to purchase Disney (as mentioned, there were rumors of Apple wanting to make a go of it before the pandemic - and if they were thinking about it when the stock was $180, then right now it's a bargain in the making). Again, I do not think it's likely - it would be a very large acquisition. However, if you wanted Disney, now is the time.
There is no doubt that there are companies big enough to mortgage the farm and buy Disney. But it would never ever happen by hostile takeover.
These massive companies don't want to damage their reputations in the business community by doing something like that. They all know each other. They've all worked together in the past or know they might in the future. They also know Disney has a pristine image in the marketing sense and they wouldn't want to damage that. Plus, they'll need happy managers and board members to be onboard after the fact- not disgruntled lame ducks. Not to mention that this would be the most complex merger in US history from a regulatory standpoint.Well, it doesn't have to be hostile true. But the point is with the stock so low, you could make a reasonable go at it and get it for a bargain price. Im just not sure the board would buy-in. I could see a hostile start and a white knight buyout in the current market scenario.
Ahhh, I have grade schoolers still. Maybe when they no longer obsess about Disney, I’ll fly the coop.I am one of the masses too. Had 650 DVC points and all 5 of us had APs. Was adding DVC left and right in hopes to get enough to snow bird there. But then all the changes happened and we became disenchanted. Now we are down to 300 points and 2 APs. Used to do almost 3 weeks a year and now will do random nights here and there as we bought a house in Kissimmee. And no buying Genie+ for us. We paid to ride one ride (1st time to try Mickey's Runaway Railway and talk about a waste of $20 each). Don't care to ride the rides or do the dining anymore. Only thing we enjoy now is Epcot festivals and hanging at DS. May not even need to keep our APs. And considering getting a Universal pass. Haven't even looked at this new MB thing. Saw mention on FB but don't care. Won't EVER pay for a MB. Do just fine with our old ones and when they die (only seem to last 2 years) we will do just fine with a plastic card like DD-23 just had to use since she lost her MBs.
i stopped reading...but did someone really throw out the "well i have an MBA" line?
ahhh...when i see Breitbart, i already know we're in a train wreck.Yes, but in all fairness someone also made a topic about Disney going broke based on a Breitbart article so this thread was a train wreck from the onset.
These massive companies don't want to damage their reputations in the business community by doing something like that. They all know each other. They've all worked together in the past or know they might in the future. They also know Disney has a pristine image in the marketing sense and they wouldn't want to damage that. Plus, they'll need happy managers and board members to be onboard after the fact- not disgruntled lame ducks. Not to mention that this would be the most complex merger in US history from a regulatory standpoint.
The only way a buyout (or merger) would happen is if a company went straight to the board and made a negotiated offer. Which, if this happened, would be at far above the current price.
Oh, 1000% yes. Probably closer to current than former, in fact.Above the current price - agreed. But still I would argue less than it would have cost them 6 months ago. Can we agree on that point?
These Apples are delicious…So back to Apple ....![]()
Don't shatter the dreamThese Apples are delicious…
“As a matter of fact, they are”, she said.
You're confusing equity with debt. Convertible debt is issued on cash flow and risk, not the stock price.Although stock price is not directly related to revenue, stock price can affect the ability to secure loans and financing which could affect Disney's ability to create new rides and other guest attractants (not to mention build IP and content). Disney is not so big that they can self-finance everything they want to do or that unfavorable loan conditions would not drag on the company's bottom line.
Yeah, no. Disney's market cap at time of writing is $205.02 billion even with the decrease in stock price.Having said all that, I agree with others - Disney is not going broke. However, they do have the "honor" of being the worst preforming stock in the Dow and it does make them potentially a target for a hostile takeover. Do I think that's likely? Not really - after all, they were down to the 90's previously and although a few companies eyed them, no one took a bite. But if someone wanted a deal on Disney, they are at market bottom prices right now.
I also think it's going to take them a while to pull back out of this slump. I do not consider them a great stock to buy up right now. Sure they will probably eventually recover and you will probably make some money in the long run, but there are better deals to be had that will be far more profitable in a shorter timeframe.
It’s a Barenaked Ladies lyric.Don't shatter the dream... Apple already does a better job with "magicbands" ...