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TOPIC: Marvel Officially Approves Disney Merger

Marvel Officially Approves Disney Merger 05 Jan 2010 03:16 #121645

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Marvel shareholders OK Disney acquisition
SOURCE: Marvel Entertainment, Inc.

9:36a ET December 31, 2009 (MarketWatch)
BOSTON (MarketWatch) -- Marvel Entertainment Inc. said Thursday that its shareholders at a special meeting approved the company's deal to be acquired by Walt Disney Co. . Marvel, which owns such popular comic-book icons as Spider-Man, Iron Man and X-Men, said it expects the deal, which is valued at about $4.3 billion based on Disney's closing price Wednesday, will be completed after the market closes Thursday.


9:25a ET December 31, 2009 (Business Wire)
Marvel Entertainment, Inc. (NYSE: MVL), a global character-based entertainment and licensing company founded in 1939, announced that at a special meeting held this morning, Marvel stockholders approved the adoption of the Agreement and Plan of Merger entered into by Marvel and The Walt Disney Company ("Disney"), which provides for a merger in which Marvel will become a wholly-owned subsidiary of Disney. Marvel anticipates that the merger, which, based on the closing price of Disney's common stock on December 30, 2009, has an estimated value of approximately $4.3 billion, will be completed today after the close of the market.

The completion of the merger is subject to satisfaction of remaining conditions disclosed in the definitive proxy statement/prospectus filed by Disney with the Securities and Exchange Commission pursuant to Rule 424 on December 2, 2009.
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Last Edit: 05 Jan 2010 03:17 by Facilier.
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Re:Marvel Officially Approves Disney Merger 05 Jan 2010 18:41 #121648

Too bad WDW can't import the Spiderman ride from Islands of Adventure. :lol:
"Want to see some real high caliber acting? Well Mr. Kurt Russell, you are about to be served."
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Re:Marvel Officially Approves Disney Merger 06 Jan 2010 01:08 #121652

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Mouseketeer Tina wrote:
Too bad WDW can't import the Spiderman ride from Islands of Adventure. :lol:
Disney should just buy Universal period. Universal gets a new owner about as often as we have elections (both, presidential and mid-term ). Disney should be next in line for when another time of transition comes to Universal properties. :laugh:
"A tip of the hat from Dr. Facilier."
"It is the green you need...and when I look into your future, it is GREEN that I see!"
Last Edit: 06 Jan 2010 01:09 by Facilier.
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Re:Marvel Officially Approves Disney Merger 20 Feb 2010 09:34 #121822

yes, it would be great to just get a bus at the hotel to the Universal parks!

the one time we did go to both on the same trip, we stayed at a Best Western near Universal i think it was that has service to Disney parks. it was definitely a letdown after staying on property :( the only good thing about it was a Don Pablo's across the street (a 4-lane divided highway, NO FUN), and there was a Pirate's Cove mini-golf down the street that we went to on our last day.
Nancy

If we can dream it, we can do it....Horizons 1983-1999 at EPCOT Center
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