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 September 2nd

Wed,10:20 PM
ACM 322: Apple’s TV Shows, Ian Rogers’ New Job, iPhone Jailbreaking
5:30 PM
Frozen: How to Force Quit an OS X App Showing a Spinning Beachball of Death
4:40 PM
Making the Case for the iPod Touch
4:25 PM
Dr. Mac Presents: Smart Option Key Tricks
3:57 PM
A Lawn Chair, an Umbrella, and 54 Propellers
2:39 PM
AluPen Digital Fine-Point Stylus: $34.95
2:12 PM
TMO Daily Observations 2015-09-02: Listeners Respond to El Capitan Debate
11:30 AM
Adonit’s Jot Dash: The Workhorse Stylus You’ve Been Waiting For
10:16 AM
Apple Music’s Ian Rogers Left for the Fashion Industry
9:48 AM
How iTunes Movie DRM-Removal Software Keeps Me Honest
9:07 AM
OS X El Capitan Beta: Using Mail Gestures
Tue,7:47 PM
Handmade Leather Lightning iPhone Chargers
  • __________
  • Buy Stuff, Support TMO!
  • Podcast: Mac Geek Gab
  • Podcast: Apple Weekly Report
  • TMO on Twitter!