The Walt Disney Company (NYSE:DIS): Closing price $63.26
The Walt Disney Studios, Paramount Pictures and Marvel Studios have reached an arrangement through which Disney has purchased all of the distribution rights previously held by Paramount for Marvel Studios’ Iron Man, Iron Man 2, Thor, and Captain America: The First Avenger. Pursuant to the terms of the deal effective June 30th, Paramount was paid for transferring the distribution rights, and will continue to honor and service existing distribution commitments. The remaining distribution activities will be transitioned to Disney during the next several months.
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