Netflix said to be in Disney’s crosshairs for acquisition
Published: Oct 5, 2016 3:26 a.m. ET
and analysts see a streaming rationale .
Walt Disney Co. is on the prowl to acquire assets to add to its Goliath media and entertainment business; at least that’s the chatter on Wall Street.
Following reports last week Disney’s DIS, +0.38% name was tied to interest in a buy of Netflix Inc
Netflix shares closed up more than 4% on Monday as volume reached 15.3 million shares, about double the full-day average.