Well, I don’t know what to make of this one…
Disney Buys Pixar
After years of less then stellar relations culminating in a mutual agreement to go their separate ways, Pixar and Disney seem set to tie the knot…
Disney has apparently bought Pixar in a stock transfer worth somewhere around
US$ 7.4 BILLION
This deal will make Steve Jobs, Co-founder Chairman and CEO of Pixar (as well as Co-founder and CEO of Apple Computers) the single largest shareholder in Disney
Only time will tell what the implications will be for Pixar, they will be expanding their role from just movies to movies, theme parks etc so it will be an exciting time for them.
For us, we get more movies like "Toy Story", "A Bug’s Life", "Toy Story 2", "Finding Nemo" and "The Incredibles" so I’m happy.