disney

Disney to buy out Marvel Entertainment

Thursday, September 3rd, 2009

On 31 August 2009 the The Walt Disney Company (NYSE:DIS) announced its intention of acquire Marvel Entertainment, Inc. (NYSE:MVL) in a stock and cash transaction. The proposed acquisition has already been approved by the Boards of Directors at both Disney and Marvel, but there still needs to be approval of the transaction by shareholders in Marvel Entertainment, Inc., according to the Hart-Scott-Rodino Antitrust Improvements Act.