Marvel Shareholders Want More From Disney

MANHATTAN (CN) - It didn't take Marvel Entertainment shareholders long to challenge Disney's proposed $4 billion buyout of the comic book giant. On Monday, the day Marvel and Disney announced the deal, Marvel shareholders filed a state class action calling the roughly $50 per share stock-and-cash offer grossly inadequate.

Marvel shareholders are offered $30 per share plus 0.745 shares of Disney for each Marvel share. They want more.

The deal would give Disney rights to hundreds of Marvel characters, including Spiderman, the X-Men, the Incredible Hulk and the inexplicably neglected Silver Surfer.

Marvel shareholders are represented in New York County Court by Anthony Vozzolo with Faruqi & Faruqi.

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