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BREAKING: Disney/Pixar deal done?
Filed under: Animation », Deals », Disney », RumorMonger », Family Films », Newsstand »
According to this morning's Telegraph,
"The board of Pixar Animation Studios, the digital animations company, is set to meet tomorrow to approve the
company's $7 billion (£3.9 billion) takeover by Disney." As we reported earlier, the deal - if it goes
through - would make Steve Jobs Disney's largest shareholder (not to mention about $3.5 billion richer. Yes. Bilion.).
Though the web is now treating this as a done deal, John Frost at the Disney Blog is a voice of reason, pointing out that we
can't be "certain that the boards will approve the deal" (though since Jobs holds 51% of Pixar stock, it'll
probably get by that board pretty smoothly) until the results of the meetings are officially announced.If/when this goes through, we'll update you on the final, mind-blowing terms of the deal.
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