Posted on September 6, 2009 at 4:59pm
0 Likes
LOS ANGELES (Reuters) - Marvel Entertainment Inc (MVL.N) would have to pay the Walt Disney Co (DIS.N) a termination fee of $140 million if it terminates a proposed merger with Disney, according to a securities filing on Friday.
The $4 billion merger agreement, announced on Monday, contains termination rights for Disney and Marvel, including Marvel's right to stop the merger to pursue a "superior deal," the Securities and Exchange Commission filing by Marvel said.
Marvel…
Continue
Comment Wall (2 comments)
You need to be a member of My Firefighter Nation to add comments!
Join My Firefighter Nation
Chief William Sharp
Southern Oregon Coast
658 PRINCES HIGHWAY
RUSSEL VALE 2517 NSW
AUSTRALIA