Disney also has a cap of around $170B...$106 is their share price. In order for this to happen, Verizon would need to leverage almost their entire company against it and pay a massive per share premium, which would never get approved by a board. It would not be out of thought that Verizon is looking at getting into media content, which would mean maybe Disney trying to dump ESPN or some of the non-essential brands.
Disney would likely never sell off parks, ABC, Marvel or the other movie arms. They are just too profitable.
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.