Walt Disney Co. is through cartooning around and has entered into serious talks to acquire Pixar Animation Studios Inc., according to a published report in the Wall Street Journal.
The report cites sources who say Disney would pay a “nominal premium” to Pixar’s existing market value of $6.7 billion.
The pair first teamed up in 1991 and over the years produced such animated films as “Finding Nemo,” “Monster Inc.” and “The Incredibles.” A deal is not certain, however, and in sensitive stages, according to the Journal article.
Speaking of Disney, read a close-up from The Deal newsweekly on the media giant’s former CEO, Michael Eisner’s latest career plans – his own television show on CNBC. —Carolyn Murphy
Lights, camera, Eisner!
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