Disney to buy Pixar for $7.4 billion

Iria · Jan 24, 2006, 10:20 PM

LOS ANGELES (Reuters) - The Walt Disney Co on Tuesday said it has agreed to acquire Pixar Animation Studios in a $7.4 billion all-stock transaction that brings the leader in computer animation under the banner of the world's most famous name in cartoons.

Under the agreement, expected to close this summer, Pixar Chief Executive Steve Jobs will join Disney's board of directors.

"The price tag is a little more than people were expecting," said McAlpine Associates analyst Dennis McAlpine.
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Read More / Source: Reuters

BiGBrOwNPimpsta · Jan 24, 2006, 10:48 PM

so its true, more money for disney now

Jan 24, 2006, 10:20 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Disney to buy Pixar for $7.4 billion LOS ANGELES (Reuters) - The Walt Disney Co on Tuesday said it has agreed to acquire Pixar Animation Studios in a $7.4 billion all-stock transaction that brings the leader in computer animation under the banner of the world's most famous name in cartoons. Under the agreement, expected to close this summer, Pixar Chief Executive Steve Jobs will join Disney's board of directors. "The price tag is a little more than people were expecting," said McAlpine Associates analyst Dennis McAlpine. ____________ Read More / Source: Reuters

Jan 24, 2006, 10:48 PM	#2
BiGBrOwNPimpsta HH's #1 Hustla and Pimp Join Date: Jan 2003 Location: The Dirty Dot Posts: 7,717 Rep Power: 107 System Specs	so its true, more money for disney now __________________ Sound Blaster X-Fi Xtreme Music \| Logitech Z-5500 THX 5.1 Surround Sound Speakers \| 2 Lite-On 20x S-ATA Burners \| Logitech G700 Mouse \| Logitech MX5500 Bluetooth Keyboard