Rochester, New York 1/1/2010 2:55:00 AM
News / Business

Marvel (NYSE: MVL) Shareholders Approve Disney (NYSE: DIS) Acquisition

Shareholders of Marvel Entertainment (NYSE: MVL) approved the company's acquisition by Disney (NYSE: DIS) on Thursday.

 

The shareholders voted at a special meeting Thursday morning. The comic-book company, which created X-Men and Spider-Man, says the $4.3 billion acquisition will close at the end of the day.

 

Penny Stock Professor, a leading financial publication, is pleased to alert investors of stocks on the move. Sign Up for our Free Penny Stock Picks.

 

Under the deal, The Walt Disney Co. now receives Marvel Entertainment Inc.'s roster of more than 5,000 characters, which includes the Fantastic Four, the Hulk and Iron-Man, amongst others. While most of the characters are not well-known, several of them have been made into blockbuster movies in this decade.

 

Follow us on Twitter: http://www.twitter.com/pennystockspro

 

Sign up for the free Penny Stock Professor newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.

 

About Us

 

Penny Stock Professor is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.

 

Please click here to read the full disclaimer.