Is Apple About To Buy Disney? – ValueWalk Premium

Is Apple About To Buy Disney?

Apple Inc. (NASDAQ:AAPL) may not be quite as flush with cash after increasing its capital return program to $130 billion, but it had no problem spending $3.2 billion on Beats and has enough cash to keep looking for new acquisition targets. North River Ventures LLC managing director Francis McInerney thinks the tech giant should aim high and buy Disney, combining content creation and delivery in a company that he says would be like Netflix, Inc. (NASDAQ:NLFX) on steroids

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