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The prospect of Apple buying Disney appears not simply unlikely, however extremely unbelievable, after the returning CEO informed workers the rumors are “pure hypothesis.”
Within the wake of rumors flaring up of a deal that Apple may purchase the leisure behemoth following his return as CEO of Disney, Bob Iger has taken a second to chill down strategies Disney is on the market. Chatting with solid members throughout a city corridor assembly on Monday, Iger dismissed the suggestion fully.
Bob Iger throughout at the moment’s solid member assembly said the Apple shopping for Disney rumor is only a rumor. $DIS pic.twitter.com/K8g8JUzpLU
— Boardwalk Occasions (@BoardwalkTimes) November 28, 2022
Through the assembly about the way forward for Disney itself, Iger was requested concerning the rumors of a attainable Apple buy. In response, Iger characterised the claims as “pure hypothesis,” indicating it is not one thing the corporate is contemplating in any respect.
Rumors that Apple will purchase Disney have circulated for over 20 years, however had been renewed with the set up of Iger as CEO three years after leaving the position. Through the hiatus, Iger publicly stated there was some extent the place a merger may probably have taken place between the 2 corporations — if there had been discussions.
Iger had beforehand uttered the identical sentiment whereas pal Steve Jobs was alive, however neither had truly formally spoken about such a deal.
Through the Prepare dinner administration of Apple, the rumors continued, partially attributable to Apple’s progress and big money reserves being sufficient to allow such a purchase order to happen.
Nevertheless, such a prospect will not happen except each Apple and Disney provide any indication to one another that such a tie-up could be applicable. With Iger’s feedback, that appears extraordinarily unlikely to occur anytime quickly.