We all knew that it was bound to happen sooner or later, Pixar is finally set to approve Disney’s $7 billion takeover bid tommorow (Jan. 23). This will make Steve Jobs the single largest shareholder in Disney with $3.5 billion in stock. Toy Story catapulted Pixar to fame in 1995 and its upcoming movie “Cars” is set to become a summer blockbuster.

Despite the impending takeover of Pixar, Robert Iger, the chief executive of Disney, pledged in November that “animation is, and will remain, at the heart and soul of Disney”.

Source: [Telegraph]

We all knew that it was bound to happen sooner or later, Pixar is finally set to approve Disney’s $7 billion takeover bid tommorow (Jan. 23). This will make Steve Jobs the single largest shareholder in Disney with $3.5 billion in stock. Toy Story catapulted Pixar to fame in 1995 and its upcoming movie “Cars” is set to become a summer blockbuster.

Despite the impending takeover of Pixar, Robert Iger, the chief executive of Disney, pledged in November that “animation is, and will remain, at the heart and soul of Disney”.

Source: [Telegraph]