Marvel Comics

One of our upcoming subjects is that of corporate bankruptcies and liquidations. When we think bankruptcy, we tend to think in the negative. However, from a corporate perspective the act of bankruptcy / reorganization can be a good thing.For this discussion forum, you are to research a company that declared bankruptcy and then reorganized / came out of it stronger and for the better. Discuss what you think made your chosen entity go into bankruptcy, any significant measures it took during bankruptcy, and what happened to it once it came out of it.

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Marvel Comics
Despite Marvel Comics’ recent success, the company filed for bankruptcy in 1996. This came after its stock dropped by about 80% during that year, leaving it with no other option than to file for Chapter 11 protection in the United States Bankruptcy Court in Wilmington, Del. Marvel. The drop in the company’s stock was influenced by questionable business deals the company entered in and a series of financial bubbles. Shares that were once worth each $35.75 in 1993 dropped to just $2.375 each, in 1996. This led to an ugly fight among rich investors and resulted to the company’s future remaining uncertain for a while (Weiner, 2008)……………..

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