Marvel stockholders OK Disney deal

Approval signaled at meeting Thursday in New York

Marvel stockholders have approved the company's plan to merge Marvel Entertainment with the Walt Disney Co., Marvel announced Thursday.

The deal, which will see Marvel become a wholly-owned subsidiary of the Mouse House, was approved at a special meeting in New York Thursday morning. Marvel estimates the merger’s value at $4.3 billion.

The completed merger is still subject to conditions in the definitive proxy statement/prospectus filed by Disney with the SEC December 2.
comments powered by Disqus