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 November 27th

Wed,9:36 PM
Apple Reportedly Building Chinese Sapphire Plant with Foxconn
8:40 PM
ACM 282: The Steampunk, Sapphire, and Apple Watch Episode
7:46 PM
Melissa Holt on MacJury’s Holiday Gift Guide 2
4:42 PM
Steampunk USB Flash Drives with Motorized Gears - Really!
4:05 PM
Black Friday 2014: The Best Mac Deals
3:10 PM
iOS 8: Control Which Apps Can Access Your Private Data
2:50 PM
The Name Your Own Price Must-Have Mac Bundle
1:36 PM
TMO Daily Observations: 2014-11-26
10:46 AM
5 iPhone Apps to Cut Your Thanksgivings Stress
8:50 AM
iOS 8 and OS X Yosemite: Naming Group Conversations in Messages
Tue,9:01 PM
BuzzFeed Uses Apple Watches to Incentivise Staff
8:14 PM
The SKEYE Nano Drone Quadcopter: $34.99
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!