Marvel And Disney Set Date To Finalize Merger

Marvel And Disney Set Date To Finalize Merger

The vote to finalize the proposed $4 billion deal is scheduled to take place by the end of the year making the House of Ideas a part of the House of Mouse.

By JoshWilding - Dec 02, 2009 04:12 PM EST
Filed Under: Marvel Comics
Source: ComicBookResources

Today Marvel announced that the last step in making the merger official has been set as December 31st. On that day at 9:00 am EST, Marvel stockholders will meet to vote on the deal which will net them a share of the $4 billion Disney put up for the company in sync with the amount of shares they own in Marvel Entertainment. Should the deal be approved — and most analysts believe that it will — then Marvel will become a wholly-owned subsidiary of Disney going into 2010.

Since the early news was of an intent to buy only, fans have been waiting to see how the Marvel/Disney deal will affect their favorite hobby if at all.

It is still unknown if Disney will be able to fully utilize some of Marvel’s characters given movie deals currently in place at other studios. Marvel’s characters are also currently tied to Universal Studios’ theme parks, which means it would probably be a long time before we see Spider-Man at Disneyland — or anything as cool as the recently released concept art for a Marvel theme park in Dubai.

To read the full official press release, click HERE

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loganoneil
loganoneil - 12/3/2009, 6:05 AM
CorndogBurglar
CorndogBurglar - 12/3/2009, 11:08 AM
here we go again...all this nonsense. people need to relax. everything will be fine. disney buying marvel is a great thing, i don't care what anyone thinks. people are just ignorant, thats all.
skullboy
skullboy - 12/3/2009, 2:06 PM
Groan *rolls eyes*.
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