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Analysts: Apple Could Bid For Disney

AppleAccording to Barron’s, it is possible that Apple could make a bid for Disney given the companies recent aquisition of Pixar.

The deal made Steve Jobs the largest Disney shareholder, which would put him in prime position to take over the company should he choose to do so.

“I think he has an open option,” Barron’s quoted analyst Christopher Whalen, a New York-based managing director of Institutional Risk Analytics. “Disney is badly undervalued right now. Jobs might get an opportunity to take it out.”

It is certainly an interesting prospect – one that I am sure that other Disney shareholders are secretly hoping for.

MarketWatch 

Posted by Sean

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