Marvel stock removed from New York Stock Exchange today
Today, less than two weeks after shareholders approved the company’s $4.3-billion acquisition by Disney, Marvel’s stock was removed from the New York Stock Exchange. Yes, the “MVL” ticker symbol is no more.
Marvel made its initial stock offering under billionaire investor Ronald Perelman in 1991, just five years before the company went bankrupt.
In the Disney acquisition, Marvel shareholders received $30 in cash and approximately 0.745 in Disney stock for every Marvel share they own.