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MARVEL 2-FOR-1 STOCK SPLIT APPROVED; TWO NEW DIRECTORS ELECTED

 MARVEL 2-FOR-1 STOCK SPLIT APPROVED; TWO NEW DIRECTORS ELECTED
 NEW YORK, Jan. 21 /PRNewswire/ -- Marvel Entertainment Group, Inc. (NYSE: MRV) announced today that it approved a 2-for-1 common stock split.
 The record date for the stock split will be the close of business on Feb. 20, 1992, and the company expects that certificates representing the new shares will be distributed on or about March 3, 1992. As a result of the stock split, the number of shares outstanding will increase from approximately 12 million shares to approximately 24 million shares.
 Separately, Marvel announced that Frank Gifford, a sports broadcaster for the ABC television network and former player with the New York Giants, and Kenneth Ziffren, a prominent Los Angeles attorney and senior partner of the firm Ziffren, Brittenham & Branca, were elected to fill newly created positions on Marvel's board of directors. Marvel's board will now be comprised of seven members.
 Marvel Entertainment Group, Inc. is the largest creator and publisher of comic books and other illustrated action and adventure material in North America.
 -0- 1/21/92
 /CONTACT: Pam Rutt of Marvel, 212-576-8535, or Gary Fishman of The Hudson Stone Group, 212-226-8550, for Marvel/
 (MRV) CO: Marvel Entertainment Group, Inc. ST: New York IN: PUB SU: PER


CK -- NY005 -- 1632 01/21/92 08:14 EST
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Publication:PR Newswire
Date:Jan 21, 1992
Words:216
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