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Verizon to Buy Disney?

Discussion in 'Disney Co News & Discussion' started by LAKid53, Jul 2, 2017.

  1. LAKid53

    LAKid53 Well-Known Member Original Poster

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    Agree. If Verizon was looking at CBS, then it wants content to compete with AT&T. The only thing that would make sense with a Disney purchase is it's media division - ABC and ESPN.

    The rumor has caused a small uptick in Disney's stock, btw.
     
  2. Chef Mickey

    Chef Mickey Well-Known Member

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    Spoiler Alert: Verizon ain't buying Disney. Verizon has a massive debt load as it is and is only slightly bigger than Disney. With the premium required to even sniff at shareholders approving it, there is just no way it could happen under a "Verizon buys Disney" scenario.

    They just don't have the coin.

    The ONLY scenario that is even remotely possible is Apple buying Disney, because they have the cash and there is a loosely related content play Apple could like. Recall Jobs was very fond of Disney as a company..
     

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