The GeeksverseNEWS: Analyst shoots down rumors of Walt Disney takeover of Hasbro

NEWS: Analyst shoots down rumors of Walt Disney takeover of Hasbro
Published on Friday, November 9, 2012 by
CNBC analyst David Faber cites sources at Hasbro in saying that no deal with Walt Disney Co. is imminent or was ever discussed.

Contrary to an earlier story first reported by the MTV Geek site, CNBC analyst David Faber—citing unnamed Hasbro advisers—claims that no discussions between the Walt Disney Co. and Hasbro ever occurred concerning the possible acquisition of the latter by the former. Speculation over the rumored takeover however, has been credited for the rise in Hasbro stock by 6% in the days since the story first broke.

The Comixverse will post updates as the story develops.

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