Anywhere else but Florida, maybe.Yeah not the biggest fan of Iger but at least the dude gave two craps about the theme parks!
Let me tell you I’m shocked and confused and don’t know what to say.Jesus Christ this is a moment to process.
Yea I had to do a double take at my calendar to make sure it wasn’t April.What?
Checking calender, "is it April 1st already?"
Disney was increasingly at major risk for hostile takeover and not only will this move jumpstart their stock tomorrow morning, and if there's anyone who knows how to smooth talk wall street and constantly bring in good results quarter after quarter, it's Bob Iger.Whoa......... fired on a Sunday night.
Yeah, I don't disagree with you. I meet this announcement with no real joy. It's not like cast member wages will go up, the boulder at Indiana Jones is going to be fixed, or the theme park prices are going to be lowered.So from what I gather from all I’ve heard; from an creatively and morally bankrupt incompetent executive we go back to a creatively and morally bankrupt but competent executive? Not exactly a win-win.
While the pullback in the stock did make it a more attractive acquistion target, there's only so many companies big enough to handle the debt load needed to buy the company, and in a raising rate market, the cost of carrying the debt is even worse right now. Outside of an Apple-sized company, I don't see many strong enough to do that battle. I'm not sure what company I'd feel comfortable buying it in the market given how consolidated it is these days.Never believed they'd actually get rid of this little demon, but thank goodness.
Disney was increasingly at major risk for hostile takeover and not only will this move jumpstart their stock tomorrow morning, and if there's anyone who knows how to smooth talk wall street and constantly bring in good results quarter after quarter, it's Bob Iger.
Wall Street will absolutely LOVE this move.