Exhibit B
[Xxxxxxx Letterhead]
March 6, 1997
Marvel Entertainment Group, Inc.
000 Xxxx Xxxxxx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: Xxxx X. Xxxxxxx, Esq., General Counsel
Dear Sirs:
Pursuant to Section 7.1(b)(i) of the Stock
Purchase Agreement (the "Agreement"), dated as of
December 27, 1996, by and between Xxxxxxx Group
Incorporated ("Xxxxxxx") and Marvel Entertainment Group,
Inc., Xxxxxxx hereby terminates the Agreement.
Very truly yours,
XXXXXXX GROUP INCORPORATED
By: /s/ Xxxxx X. Xxxxxxxx
cc: Weil, Gotshal & Xxxxxx LLP
000 Xxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: Xxxxx Xxxx, Esq.