Barron's: Apple Could Buy Disney | News

Barron’s: Apple Could Buy Disney

News

Brad Cook

2:00 PM, Feb. 26th ET, 2006

Articles by Author Brad Cook on Twitter Contact Author Bio

Comments (0)

Barronis over the weekend speculated (subscription required) that Apple could make a bid to buy Disney, now that CEO Steve Jobs is its largest shareholder and sits on its Board of Directors. The financial publication quoted analyst Christopher Whalen as saying: "I think he has an open option."

Mr. Whalen, who is managing director of Institutional Risk Analytics, continued: "Disney is badly undervalued right now. Jobs might get an opportunity to take it out." Greg Morcroft, writing about the news for MarketWatch, added: "Whalen argues that Jobsi unique familiarity with both the content and technolgy sides of Hollywood make the case for a bid more compelling."

The Orlando Business Journal noted that Disneyis stock was up and Appleis was down in early Monday trading, in light of the speculation. Appleis shares rebounded before ending the day at US$70.99, down 0.66%. Disney closed trading at $28.39, up 1.47%. Its stock never dipped into negative territory.

Post A Comment or Log-in. Need an account? Register here.

Recent Headlines - Updated February 13th

Mon, 8:14 PM: News - Chinese Authorities Seize Apple iPads in Trademark Dispute
6:26 PM: News - Apple Tops Harris Reputation Poll with Record Score
5:33 PM: Mac Geek Gab Podcast - MGG 381: Mac Internet Recovery, HTML on iPad, iDevice Syncing, More!
5:04 PM: Apple Stock Watch - Apple’s Stock Sets New Closing High of $502.60
1:50 PM: News - A Great 3-Minute Video Look at Macworld|iWorld 2012
12:41 PM: Deal Brothers - Mac mini 2.5GHz dual-core Intel Core i5: $699
11:51 AM: Rumor - Pegatron Forced to Drop Zenbook Due to MacBook Air Similarities
11:00 AM: Apple Stock Watch - Apple’s Stock Breaks $500 Mark For First Time
10:20 AM: News - Apple Announces Foxconn Inspections
9:34 AM: iObserver - AT&T Begins Process Toward Offering Shared Data
9:15 AM: News - Apple Files Motion to Stop Galaxy Nexus Sales in U.S.
8:20 AM: News - Steve Jobs Given Trustees Award at the Grammys

The Mac Observer Reader Specials

TypeStyler 11 is now in the Mac App Store!! -- Special Introductory Price of $59.95!! -- To Buy From The Mac App Store Click Here Now!! Or buy direct from Strider Software.
Mac RAM Upgrades: MacBook Pro 16GB kits $475, 8GB Kits for $119.99! iMac 16GB RAM Kits (4x 4GB) for $229.99! Mac Pro Memory 32GB Kit for $399.99, 64GB Kit for $889.99! Mac Hard Drives 2TB Seagate SATA II for $249.99! Click Here!
If you're using a Mac, then you've gotta check out Online Poker Mac. This mac poker and online casino mac site actually does the unthinkable, it actually rewards!

Apple Stock Quote (AAPL)

Last trade: $---.-- $---.--
Market cap: $---.--
Discuss in our Apple Finance Board

Quotes are delayed. Currency in USD

Hot Topics

What's the buzz? These articles have TMO readers talking.

Air Force Might Replace Manuals with 18,000 iPads - 13 Comments
Theodolite App for iOS is Breathtaking - 12 Comments
Analyst: Paying a Dividend Makes Sense for Apple - 11 Comments
Simpler Apple Apps Shouldn’t be Simple-minded - 11 Comments
Canaccord: Apple Claims 80% of Q4 Mobile Handset Profits - 10 Comments
FBI Releases Steve Jobs Dossier: Driven & Deceptive - 9 Comments

TMO Express

Join the TMO Express Daily Newsletter to get the latest Mac headlines in your e-mail every weekday. Find out more!

Top Deals From DealBrothers.com

Recent Features

Get the latest installments of TMO Columns, Podcasts, & Blogs.

© The Mac Observer, Inc. -- All rights reserved. All information presented on this site is copyrighted by The Mac Observer, Inc. except where otherwise noted. No portion of this site may be copied without express written consent. Other sites are invited to link to any aspect of this site provided that all content is presented in its original form and is not placed within another frame. The Mac Observer is an independent publication and has not been authorized, sponsored, or otherwise approved by Apple, Inc.