WSJ.com - Walt Disney Is In Serious Talks To Acquire Pixar

WSJ.com - Walt Disney Is In Serious Talks To Acquire Pixar: "Walt Disney Co. is in serious discussions to buy Pixar Animation Studios after months in which the two animation giants have been exploring ways to continue their lucrative partnership, according to people familiar with the matter.
In the deal under discussion, Disney would pay a nominal premium to Pixar's current market value of $6.7 billion in a stock transaction that would make Pixar Chairman and Chief Executive Officer Steve Jobs the largest individual shareholder in Disney, according to people familiar with the situation.
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Mr. Jobs remains the largest shareholder in Pixar, with slightly more than 60 million shares, or 50.6%, according to Pixar's filings with securities regulators last year. At its current share price, Mr. Jobs's stake is worth about $3.44 billion."

Good start -- next Apple should buy/merge with Sony, and the combined entity could sell Sony's media business to Disney.