Disney-Pixar merger completed

Posted on May 10th, 2006 by Alia.
Categories: News.

Shareholders of Pixar Animation Studios Inc. voted on Friday to approve the company’s acquisition by The Walt Disney Co. for $7.4 billion in stock. Pixar cofounder Steve Jobs who owned 50,6% of the studio is now the biggest individual shareholder of Disney with nearly 7% of the stock.

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