Short answers, pulled from the story.
Scott Mitchell Rosenberg launched Malibu Graphics in 1986 with Dave Olbrich and Tom Mason. This launch served as a front for a consolidation strategy to control the flow of comics from production to retail.
Marvel Comics acquired Malibu Comics on the 3rd of November 1994. The acquisition was driven by the need to prevent DC Comics from acquiring Malibu and surpassing Marvel's market share.
Malibu Interactive caused the financial downfall of Malibu Comics by costing more than $200,000 a month in the mid-1990s. The division failed to generate sufficient revenue to offset its massive operating costs while industry sales were declining.
Malibu Comics became the first company to use digital coloring for all its titles through a partnership with Adobe Photoshop. This technology allowed the company to print on higher-quality paper and produce titles with improved production values.
The Ultraverse line launched in June 1993 as a direct response to the boom of the early 1990s. This line included flagship properties like Ultraforce, Night Man, and The Men in Black.
Very little Malibu content was published after 1996, marking the end of the Ultraverse line. The entire line was eventually canceled with the Genesis Universe designated as Earth-1136 and the Ultraverse as Earth-93060 within the Marvel Comics multiverse.