Verizon buying Disney

[OSUZorba]

This would be DEVASTATING, IMO! I am so against this! Plus, don't the shareholders have agree to this? I highly doubt many shareholders would vote for this. Please, though, sell ESPN. Let Verizon have it! More $$$ for REAL Disney ventures!

Shareholders vote on it. The only thing shareholders care about is whether or not the value for the share is higher from selling today vs the projected value in a year or two. Stock is currently at ~$106, if Verizon offered $120 it would pass a shareholder vote no issue. Shareholders only care about value, not the vision or culture of a company.

Just look at Anheuser Busch selling out to InBev, and there the major shareholders were still family.

 

[creamcityleo79]

I do believe that Disney shareholders are WAY more loyal to the brand. So, the comparison, to me, is flawed. But, there are probably more institutional investors that hold large numbers of Disney shares that are not as loyal to the brand. I don't know the numbers. But, the average (non-institutional) Disney shareholder is different than those at other companies.

 

[adam.adbe]

But, the average (non-institutional) Disney shareholder is different than those at other companies.

You know this how?

If (and as far as I understand it, it is an 'if') Verizon make an offer for Disney, and if that offer is high enough, the deal will go though.

 

[jknezek]

I do believe that Disney shareholders are WAY more loyal to the brand. So, the comparison, to me, is flawed. But, there are probably more institutional investors that hold large numbers of Disney shares that are not as loyal to the brand. I don't know the numbers. But, the average (non-institutional) Disney shareholder is different than those at other companies.

I don't know how to tell you this, but individual shareholders of Disney are essentially irrelevant. The vast majority of shares are held by major financial corporations. They will care about their bottom line, not loyalty to the brand. For example, the largest holder of outstanding shares is Vanguard at 6+% of outstanding followed by Blackrock at 5.33%, State Street at 4.33% and so on. Institutions hold 71.81% of shares as of 7/2/17. Brokerage shares, which are a solid indication of shares held in "individual" accounts, are less than 1% of shares outstanding. Now individuals obviously have control over Investment advisor shares in some ways, but you are unfortunately dreaming if you think that "Disney Shareholders", individuals who care about the company, have any realistic say in what happens to the company based on ownership of shares.

 

[creamcityleo79]

I don't know how to tell you this, but individual shareholders of Disney are essentially irrelevant. The vast majority of shares are held by major financial corporations. They will care about their bottom line, not loyalty to the brand. For example, the largest holder of outstanding shares is Vanguard at 6+% of outstanding followed by Blackrock at 5.33%, State Street at 4.33% and so on. Institutions hold 71.81% of shares as of 7/2/17. Brokerage shares, which are a solid indication of shares held in "individual" accounts, are less than 1% of shares outstanding. Now individuals obviously have control over Investment advisor shares in some ways, but you are unfortunately dreaming if you think that "Disney Shareholders", individuals who care about the company, have any realistic say in what happens to the company based on ownership of shares.

Thanks for the numbers on this. I still completely stand by my statement. But, I realize that the institutional investors far outnumber the "average" Disney shareholder. I'm not trying to play tit for tat with anyone here. But, I do still think that the average Disney shareholder (again, non-institutional) is more loyal than most companies. I don't know really any companies who have large numbers of shareholders who hold stock because the love the company and what it stands for. I know many people who hold Disney stock for this very reason.

 

[lockedoutlogic]

Thanks for the numbers on this. I still completely stand by my statement. But, I realize that the institutional investors far outnumber the "average" Disney shareholder. I'm not trying to play tit for tat with anyone here. But, I do still think that the average Disney shareholder (again, non-institutional) is more loyal than most companies. I don't know really any companies who have large numbers of shareholders who hold stock because the love the company and what it stands for. I know many people who hold Disney stock for this very reason.

When the right price comes along...disney would be sold. Simple as that.

How many people are "many"? If it's less than a billion...it honestly doesn't matter.

 

[jknezek]

Thanks for the numbers on this. I still completely stand by my statement. But, I realize that the institutional investors far outnumber the "average" Disney shareholder. I'm not trying to play tit for tat with anyone here. But, I do still think that the average Disney shareholder (again, non-institutional) is more loyal than most companies. I don't know really any companies who have large numbers of shareholders who hold stock because the love the company and what it stands for. I know many people who hold Disney stock for this very reason.

I'm not disputing this. I'm just telling you that it is irrelevant.

 

[creamcityleo79]

Unfortunately, you're absolutely right. I just didn't realize how irrelevant it was until I saw your numbers

 

[lockedoutlogic]

No harm no foul...

I do agree that disney shareholders (individual) are more "loyal" than your average stock. I'm sure more people own disney "cause it's neat" than international shipbuilding or Phillip Morris...

But disney stock is controlled by investment funds...with behemoths like the California public employees pension fund behind them...and in the end they care about how they can live well off for 35 years after retirement.

 

[New Mouse]

If verizon buys disney we can all look forward to the after purchase fees... thatll be an extra $5.99 ride fee please tap here...and your bill is guaranteed to read $6.47 in error

 

[OSUZorba]

If verizon buys disney we can all look forward to the after purchase fees... thatll be an extra $5.99 ride fee please tap here...and your bill is guaranteed to read $6.47 in error

Don't forget about ride caps, and limited minutes in the pools.

 

[doombuggy]

Not gonna happen

 

[bladiator]

Don't forget about ride caps, and limited minutes in the pools.

Once you've ridden beyond your prescribed number of rides, every time you get onto one it only moves at 1/100th of the speed.

 

[OSUZorba]

Once you've ridden beyond your prescribed number of rides, every time you get onto one it only moves at 1/100th of the speed.

Nah, it'll be the old school system, where they don't let you know when you've gone over your allotted number of rides and wait until the last day of your vacation to give you a bill where each additional ride cost 1/4 of the original cost of the park ticket.

 

[manning]

Nah, it'll be the old school system, where they don't let you know when you've gone over your allotted number of rides and wait until the last day of your vacation to give you a bill where each additional ride cost 1/4 of the original cost of the park ticket.

Here comes paid toilets. Better go fast it will be called poop by the minute.

 

[OSUZorba]

Well the Verizon CEO flatly denied looking into a Disney buyout... So look for this to happen soon .

http://www.investopedia.com/news/verizon-ceo-dismisses-disney-acquisition-rumors/

 

[lockedoutlogic]

Well the Verizon CEO flatly denied looking into a Disney buyout... So look for this to happen soon .

http://www.investopedia.com/news/verizon-ceo-dismisses-disney-acquisition-rumors/

Nothing says guilt like a denial

 

[adelaster]

https://www.google.com/amp/s/www.fo...3-reasons-why-verizon-isnt-buying-disney.aspx

This logic seems sound to me. Would be hilarious if this all stemmed from a drunk guy.

That said, it's possible it will be purchased at some point.