Apple CEO Steve Jobs to Become Largest Disney Shareholder Today?
We may know more later today as a variety of sources indicate Pixar Animation Studio's board is scheduled to consider a buyout offer from Disney worth about $6.7 billion. [Reuters reported it is Disney's board that is meeting.] It is an all-stock deal that would make Steve Jobs the largest shareholder in Disney and very possibly a board member if the deal goes through. While this appears to be a good arrangement for both Pixar and Disney, a closer Steve Jobs association with Disney could influence Apple's current leadership in developing the download market for digital media content. It's hard to say if the effect would be positive or negative. [Bill Fox]
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