Friday, January 20, 2006

WSJ.com - Pixar to the Rescue?

WSJ.com - Pixar to the Rescue?: "A glaring reality is evident in Walt Disney Co.'s effort to buy Pixar Animation Studios Inc.: Disney needs more than a simple makeover to restore its glory in a world it once dominated.
The possible deal -- a stock transaction that would put Pixar under Disney's control and make Pixar Chairman and Chief Executive Steve Jobs the largest individual Disney shareholder -- is expected to be discussed at a regular Disney board meeting this weekend and could result in a deal as soon as next week, according to people familiar with the situation."

Reality check: Steve Jobs reportedly bought control of what became Pixar from George Lucas in 1986 for under $10 million...

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