December 31, 2009 – Marvel Stockholders Approve Disney Acquisition Deal
“We’re thrilled to welcome to the Disney family the talented team at Marvel.” – President and CEO of the Walt Disney Company Bob Iger
On December 31, 2009, a special meeting was held for the stockholders of Marvel Entertainment, Inc., where the planned merger with The Walt Disney Company was front and center for approval. With the approval of the shareholders, Marvel became a Disney-owned subsidiary, with Marvel shareholders receiving $30 a share along with a 0.7452 Disney share for each Marvel stock owned. The merger was completed the same day following the approval.