The Mac Observer

Skip navigational links

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Jobs One Step Closer to His Mouse Ears

Jobs One Step Closer to His Mouse Ears

by , 8:05 AM EST, January 24th, 2006

It appears that Disney is prepared to announce on Tuesday that it is purchasing Pixar. According to The New York Times, Disney is prepared to offer Pixar CEO, Steve Jobs, about US$59 per share for the animation studio, valuing the company at about $7 billion. The deal still needs the vote of Pixar's board of directors.

The deal will blend Disney's animation department with Pixar, with Pixar's chief creative officer, John Lasseter, at the helm. Mr. Jobs will land a seat on Disney's board.

There is still a chance that the deal could fall through: The negotiations are at a very delicate point. An anonymous person that was briefed on the negotiation status commented "This is tricky. All of the things have to be just right."

Recent Headlines - Updated August 1st

Thu,9:43 PM
U.S. Appeals Court Rules Microsoft Must Turn Over Email Hosted in Ireland
8:27 PM
T-Mobile Q2 Earnings Suggest Uncarrier Model Works
7:41 PM
That Time the iPhone Owner Punched His Mugger in the Face
5:52 PM
The Productive Design Mac Bundle: $39.99
3:05 PM
Basic Tips for Using the Dock and Trash in OS X
1:54 PM
TMO Daily Observations: 2014-07-31
11:18 AM
Russia to Apple: All Your Code Are Belong to Us
10:15 AM
Shazam Song Recognition Comes to the Mac
9:06 AM
Get Ready for 1Password Everywhere in iOS 8
Wed,11:45 PM
ACM 265: Ford goes iPhone and Facebook’s App Breakup
8:25 PM
Brett Domino Explains Pop Music’s Formula
7:03 PM
New iPhones: Now With Less Sapphire
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!