WSJ.com - Disney's Board Clears CEO Iger To Seal Pixar Deal: "Walt Disney Co. moved closer to a deal to buy Pixar Animation Studios Inc. in a stock transaction that could be finalized and announced as soon as today, according to people familiar with the situation.
Meeting Sunday and yesterday in regularly scheduled sessions, Disney's board discussed the advanced negotiations and gave Disney Chief Executive Bob Iger authority to complete a deal, according to people familiar with the matter. The Disney board meeting stretched into yesterday evening."
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