Silicon Valley-based Jim Breyer, of Accel Partners, sits on the board of both BBN, which Raytheon bought today, and Marvel, which Disney bought yesterday.
Breyer is Accel’s representative at BBN, but invested his own money in Marvel. Raytheon isn’t releasing financial details from the BBN acquisition, but PEHub reports Breyer made out well from the Marvel deal:
As the third largest direct shareholder in Marvel Entertainment, Breyer stands to make nearly $5 million once Disney’s acquisition of the superhero company closes.
Disney said this morning that it plans to pay $4 billion in cash and stock for Marvel. Marvel shareholders — Breyer has 165,700, according to regulatory filings — will get $30 a share plus around 3/4 of a Disney share, a 29 percent premium over Marvel’s closing price on Friday.


