Marvel Sets Record Date for Stockholders Entitled to Vote on Disney Merger
September 23 2009 - 2:31PM
Business Wire
Marvel Entertainment, Inc. (NYSE: MVL), a global character-based
entertainment and licensing company celebrating the 70th
anniversary of its founding in 1939, today announced that it has
set September 29, 2009 as the record date for the determination of
stockholders entitled to vote at its upcoming special meeting of
stockholders. At the special meeting, Marvel’s stockholders will be
asked to adopt the merger agreement entered into by Marvel and The
Walt Disney Company (“Disney”), which provides for a merger in
which Marvel will become a wholly-owned subsidiary of Disney. The
meeting date for the special meeting has not yet been determined.
Depending on when Marvel is able to schedule the special meeting,
Marvel may have to adjust the record date to ensure that the record
date is not more than sixty days prior to the date of the special
meeting, as required by Marvel's by-laws.
Important Merger Information and Additional
Information:
This communication does not constitute an offer to sell or the
solicitation of an offer to buy any securities or a solicitation of
any vote or approval. In connection with the proposed transaction,
Disney filed a Registration Statement on Form S-4 with the SEC on
September 22, 2009 that includes a preliminary proxy statement of
Marvel that also constitutes a preliminary prospectus of Disney.
These materials are not yet final and will be amended. Marvel will
mail the proxy statement/prospectus to its stockholders once it is
final. Investors are urged to read the definitive proxy
statement/prospectus regarding the proposed transaction when it
becomes available, because it will contain important
information. You may obtain copies of all documents filed with
the SEC regarding this transaction, including the definitive proxy
statement/prospectus when it becomes available, free of charge at
the SEC's website, www.sec.gov, or by directing a request when such
a filing is made to The Walt Disney Company, 500 South Buena Vista
Street, Burbank, CA 91521-9722, Attention: Shareholder Services or
by directing a request when such a filing is made to Marvel’s proxy
solicitor, MacKenzie Partners, Inc., 105 Madison Avenue, New York,
New York 10016 or by calling Mackenzie Partners, Inc. at (800)
322-2885 (toll free) or (212) 929-5500 (call collect).
Disney, Marvel, their respective directors and certain of their
executive officers may be considered participants in the
solicitation of proxies in connection with the proposed
transaction. Information about the directors and executive
officers of Marvel is set forth in the preliminary proxy
statement/prospectus contained in the Registration Statement on
Form S-4 filed by Disney on September 22, 2009. Information
about the directors and executive officers of Disney is set forth
in its definitive proxy statement, which was filed with the SEC on
January 16, 2009.
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