Disney World Purchase of Marvel UnFair

 Email Article |  Twitter |  Facebook |   Google Buzz |  digg it |   delicious |   StumbleUpon |   LinkedIn |   Technorati |  reddit 

Many are saying that the Disney World purchase of Marvel is very Unfair

The Law Offices of Howard G. Smith is investigating whether the Board of Directors of Marvel Entertainment, Inc. (NYSE: MVL) breached its fiduciary duty to its shareholders in agreeing to sell the Company to The Walt Disney Company for $30 per share in cash plus approximately 0.745 Disney shares, which translates to approximately $50.00 per share.

The Law Offices of Howard G. Smith believes that the deal is suspicious because it appears from a review of the Company's financial statements that the inherent value of the Company's stock is greater than $50.00 per share and also because it appears that Marvel did not conduct a fair bidding process to ensure that the Company sold for the best price possible.