Disney acquires Marvel in $4 billion deal

Firm agrees to buy Marvel Entertainment, taking on its portfolio of over 5,000 characters.
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Two giants of entertainment are set to merge following Disney's move today to buy Marvel Entertainment for $4bn.

The surprise acquisition would see the company famous for Mickey Mouse and the Pixar movies grow to include properties like of Spider-Man and the X-Men.

In a statement, Disney said the move highlighted its "focus on quality branded content, technological innovation and international expansion to build long-term shareholder value".

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