Marvel Entertainment

Marvel Entertainment, Inc. (NYSE: MVL) is an American entertainment company formed from the merger of Marvel Entertainment Group, Inc. and Toy Biz, Inc.

A corporate predecessor traces its origins to the May 1933 publication of Western Supernovel magazine. That magazine was only published for one issue before the title was changed to Complete Western Book magazine in July 1933.[citation needed] The company's oldest character is Ka-Zar, introduced in 1936. In 1939, the company began publishing comic books as Timely Publications with Marvel Comics #1.

On August 31, 2009, The Walt Disney Company announced a deal to acquire Marvel Entertainment for $4 billion, with Marvel shareholders to receive $30 and about 0.745 Disney shares for each share of Marvel they own.[1]