On December 31, 2009, Shareholders of Marvel Entertainment Inc. (“MVL”) voted concerning a proposed merger with The Walt Disney Company (“DIS”). Because the merger was approved and consummated, each existing MVL Common Share will be converted into the right to receive 0.7452 DIS Common Shares plus $30.00 Cash, subject to adjustment if the aggregate value of the DIS Shares issued in the merger is less than 40% of the total cash and stock consideration. Cash will be paid in lieu of fractional DIS Common Shares. This action will be coordinated with the Options Clearing Corporation.