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MARVEL CONCLUDES TENDER OFFER FOR SKYBOX
Published April 28, 1995
Marvel Entertainment Group Inc. completed its tender offer for shares of SkyBox International, the trading card maker in Durham, NC. Marvel said 98.7% of all SkyBox shares have been tendered, and the acquisition, valued at about $150M, should be finished soon. Marvel intends to operate SkyBox as a separate subsidiary of its Fleer trading card unit (WALL STREET JOURNAL, 4/28).