Disney buys Pixar? Jobs to earn $3.5 Billion.

[Militar]

The Telegraph reports that Disney is set to take over Pixar with their approval. Steve Jobs is reported to earn $3.5 in the deal.

Jobs to scoop $3.5bn as Pixar board approves Disney takeover (http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/01/22/cnpixar22.xml&menuId=242&sSheet=/money/2006/01/22/ixcitytop.html)

[EricNau]

So is it a sure thing now?

[mcarnes]

"The all-share deal will make Steve Jobs, the chief executive of Apple, around $3.5bn and the single largest shareholder in Disney."

So he gets 3.5 bil AND becomes the largest shareholder in D?

[rdowns]

Not bad for an original $10 million investment.

[iGary]

I love the picture of the check to Lucas in "iCon" from Steve.

10 million. Lucas' wife took him to the cleaners. It must still hurt.

[steve_hill4]

If Apple effectively exerts more control over Disney, (if Jobs did become a majority shareholder), just think of the power, especially with ABC. The media would suddenly become have a love-hate relationship with Apple I feel. A lot will still love, but many will be worried by their interest with ABC and so develop a hatred potentially.

I've never liked Disney though, so i have mixed feelings on any full scale association between the two.

[greatdevourer]

Pixar buys Disney for -$7b :D Reminds me of NeXT buying Apple for -$400m

[jhu]

"The all-share deal will make Steve Jobs, the chief executive of Apple, around $3.5bn and the single largest shareholder in Disney."

So he gets 3.5 bil AND becomes the largest shareholder in D?

no, it would be an all stock swap. his $3.5 billion worth of pixar would become $3.5 billion worth of disney.

[PlaceofDis]

more discussion happening in this thread (http://forums.macrumors.com/showthread.php?t=175188)