Stan Lee’s Pow Entertainment to be Sold to Hong Kong Firm
Hong Kong’s Camsing International Holding Ltd. proposed Friday to acquire Stan Lee’s Pow Entertainment Inc. for $11.5 million, the Business Journal reports. The deal, which must still be approved, would involve a reverse merger, according to documents filed with the Stock Exchange of Hong Kong Ltd. Pow Entertainment would survive in name, but the company would be controlled by Camsing subsidiary First Creative, which would hold an 85 percent stake.