Back in 1996, Marvel Entertainment filed for bankruptcy and eventually merged with the now-defunct ToyBiz in 1998. It was later acquired by Disney at the cost of $4 billion in 2009.
However, according to the latest report, before Disney signed the deal, Michael Jackson wanted to buy the company in collaboration with Stan Lee.
According to Taj Jackson, Michael’s nephew, the King of Pop was a movie buff and even wanted to play the role of Spider-Man in a Marvel film, but his attempts to buy the company were shut down. “He wanted to [buy Marvel] with Stan Lee, and they had been talking and discussing that.
Unfortunately, that didn't happen. They were shut down from doing that. I don't know the reasons why, but they were adamantly in the
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