Will Apple use its giant pile of cash to buy Disney?
Market Insider reports that there is talk of the possibility.
Apple’s cash reserves of $200 billion could be the largest of any private company ever.
The tech giant could benefit from Disney’s vast library of content. Disney made five of the ten highest grossing films of 2016.
The acquisition is thought to be more likely if Disney were to spin off domestic service ESPN.
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https://markets.businessinsider.com/news/stocks/apple-seen-as-disney-buyer-by-wall-street-malone-2017-3-1001866926-1001866926
