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Marvel Officially Approves Disney Merger 6 Months, 3 Weeks ago
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Karma: 3
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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: 2010/01/05 03:17 By Facilier.
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"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!"
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Re:Marvel Officially Approves Disney Merger 6 Months, 3 Weeks ago
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Karma: 9
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Too bad WDW can't import the Spiderman ride from Islands of Adventure.  |
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"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 6 Months, 3 Weeks ago
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Mouseketeer Tina wrote:
Too bad WDW can't import the Spiderman ride from Islands of Adventure.
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. 
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Last Edit: 2010/01/06 01:09 By Facilier.
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"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!"
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Re:Marvel Officially Approves Disney Merger 5 Months, 1 Week ago
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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.
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Nancy
If we can dream it, we can do it....Horizons 1983-1999 at EPCOT Center
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