Marvel bankruptcy
Marvel Entertainment Group (MRV): filed for bankruptcy 27 Dec 1996. Came back 1 Oct 1998: Merged with Toy Biz, which renamed itself Marvel Enterprises; its common stock traded on the NYSE. Marvel Entertainment Group and the other defunct companies are on one page, each with its dates, prices and sources.
Key dates and prices
| Ticker | MRV |
|---|---|
| What happened | Filed for bankruptcy, 27 Dec 1996 |
| Came back | 1 Oct 1998 |
| Checked | 27 Sep 2026 |
What happened
Marvel Entertainment Group was the largest US comic book publisher and the top maker of trading cards when it filed for Chapter 11 on December 27, 1996.
Its stock was sold to the public in 1991 and, adjusted for splits, climbed past $34 about two and a half years later.
The stock closed at $2.375 on December 26, 1996, and NYSE trading was halted after the bankruptcy news.
In its filing, Marvel listed assets of $229.6 million and liabilities of $693.2 million.
Ronald Perelman owned about 81 percent of Marvel at the time of the filing.
On October 1, 1998, Marvel merged with Toy Biz, which changed its name to Marvel Enterprises.
Cause: Chapter 11 after comics slump. Every hero needs an origin story. Filed 1996.
What was the ticker symbol for Marvel Entertainment Group stock?
Marvel Entertainment Group traded under the ticker MRV. Marvel Entertainment Group: filed for bankruptcy 27 Dec 1996.
When did Marvel Entertainment Group come back?
Marvel Entertainment Group came back 1 Oct 1998. Merged with Toy Biz, which renamed itself Marvel Enterprises; its common stock traded on the NYSE.
What happened to Marvel Entertainment Group?
Marvel Entertainment Group: filed for bankruptcy 27 Dec 1996. Every hero needs an origin story. Filed 1996.
Checked 27 September 2026. History, not advice.
Sources: sec.gov, deseret.com, sec.gov