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Real World perspective.
Marvel Entertainment, LLC, is a wholly-owned subsidiary of The Walt Disney Company. Formerly a comicbook publishing giant, the company has branched out into other media with divisions devoted to movie production, television, and toys.
On August 31, 2009, The Walt Disney Company announced a deal to acquire Marvel Entertainment for $4.24 billion, with Marvel shareholders to receive $30 and about 0.745 Disney shares for each share of Marvel they own. The voting occurred on December 31, 2009 and the merger was approved. The acquisition of Marvel was finalized hours after the shareholder voted, therefore, giving Disney full ownership of Marvel Entertainment. The company was delisted from the New York Stock Exchange under its ticker symbol (MVL), due to the closing of the deal.
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