According to Barney & Hesterly (2o15), a diversified firm obtains less than 70% of its revenues from any one business. Is Walt Dsiney Co. a diversified firm?
Q1: Is Walt Disney Co. a related diversifier? Why or why not?
Q2: Explain whether the firm's acquisition of Pixar (2006) or Marvel (2009) (choose one of the two) are consistent with your answer to Q1