Apple Could Look to Acquire Disney Amid Stock Drop, Analyst Says [THR]

Apple Could Look to Acquire Disney Amid Stock Drop, Analyst Says [THR]

By Georg Szalai

March 16, 2020 | With stock markets battered by the coronavirus, and shares of entertainment giants hit hard, some on Wall Street have started wondering if cash-rich technology powerhouses could consider takeover offers for Hollywood companies.

Rosenblatt Securities analyst Bernie McTernan in a Friday research report, for example, suggested that Apple, led by CEO Tim Cook, could consider acquiring the Walt Disney Co., led by executive chairman Bob Iger and new CEO Bob Chapek, after its stock dropped below the $100 mark last week.

Read more on The Hollywood Reporter.

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Apple Has the Cash, But Does It Need a Hollywood Studio? [Bloomberg]
Here Are the First Four Reviews for Apple TV Plus’ Original Shows [Variety]