Marvel stock settlement is finally paid out
Remember the last time comics were in serious economic troubles? Remember when Marvel went bankrupt?
Hard to believe in the days of Marvel movies making money like mad, but it was only twelve years ago that Marvel was bankrupt, in one of the most convoluted financial arrangements in corporate history. No, it’s not even possible to try and distill it all. Go read Comic Wars: Marvel’s Battle For Survival if you want all the details.
And the other big players in the battle? Well, Carl Icahn just put his 177-foot yacht, the Starfire, up for sale for $37.5 million– while Ron Perelman (right) is trying to sell his for $67 million so he can upgrade. Times are tough all over…