An old rumor and for some, Jobs’s dream, could come true!
The status that certifies it as one of the most valuable companies in the worldmakes many analysts think about Manzana as the first interested in buying other equally successful companies.
This week and after sharing that those of the bitten apple could be interested in acquiring Manchester United, also has revived the old rumor that Disney could be bought.
This time the trigger for the rumor has been the return of Bob Iger, as executive director of Disney, presumably until a replacement is found. However, beyond this, there are those who believe that the ultimate goal would be to sell the entertainment empire.
According to information shared from BGRAn anonymous source said that Iger will sell the company.
“This is the pinnacle deal for the best negotiator.”
Apple’s most anticipated purchase
The deal would make Iger the last CEO of Disney and cement his legacy at the company. Own Iger is no stranger to big M&A deals, since he was the protagonist of the acquisition of Pixar (2006), Marvel (2009), Lucasfilm (2012) and 21st Century Fox (2019).
Though The Apple-Disney duo is interesting, but also complicated. The million-dollar investment that an agreement of this magnitude would require has always been the main obstacle to considering it possible. But, at the time, Steve Jobs took it quite seriously.
Many years ago, the destinies of Apple and Disney were intertwined. Thanks to the good relationship between the CEOs of Apple and Disney, Bob Iger and Steve Jobs, the second as one of the main shareholders of both companies, it would not have been strange to see a union between them.
On multiple occasions, and after Jobs’s death, Bob Iger has stated that Uniting technology with the arts was always one of Steve Jobs’s great goals for Apple. And the merger of both companies could well have been the perfect representation of that dream of Jobs, especially taking into account the wide catalog of Disney products and services.
To the date, Apple’s biggest acquisition ever was the $3 billion Beats by Dr. Dre. The purchase helped Apple move into music streaming and gave it control over a strong brand, Beats headphones. However, this figure is not even close to the value of Disney that according to Disney’s current market capitalization is just north of $175 billion.