1/19/2006

Disney in talks to buy Pixar Animation Studios

Filed under: — By Aviran Mordo @ 6:36 pm

The Walt Disney Co. is in serious talks to buy Pixar Animation Studios Inc., the maker of the hit movies 鈥淭oy Story鈥? and 鈥淔inding Nemo鈥? among others, following months of exploring how to continue their profitable film distribution partnership, The Wall Street Journal reported Thursday.

Citing unnamed people familiar with the plan, the Journal said Disney would pay a nominal premium to Pixar鈥檚 current market value of $6.7 billion under the deal being discussed in a stock transaction that would make Pixar chief executive Steve Jobs the largest individual shareholder in Disney.

The Journal said the outcome of the talks isn鈥檛 certain, and that other options are possible.

Source: msnbc

 

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