Disney Acquires Pixar

by malducin

Most news outlets reported that Disney bought Pixar for U$7.4 billion on January 24, 2006. Steve Jobs becomes Disney largest single shareholder. Ed Catmull will become President and John Lasseter will become Chief Creative Officer of the combined animation studios.

Other interesting bits include the mention that Lasseter might try to revive 2D animation at Disney and production of Toy Story 3 would be transferred to Pixar (it was setup at Disney's Circle 7 animation studio):

Disney to buy Pixar for $7.4 billion
Disney Animated by Pixar Purchase
Disney buys Pixar
Disney-Pixar: It's a Wrap
Pixar's Creative Chief to Have Special Power at Disney: Greenlighting Movies
Disney Profit Rises 7 Percent as Parks Set Record
Pixar Creative Chief to Seek to Restore the Disney Magic
Staying in Toon

In older and unrelated news Paramount acquired DreamWorks SKG for U$1.6 billion:

Paramount to Purchase DreamWorks SKG for $1.6 Billion
Press Release: Paramount Acquires DreamWorks
Updated: Paramount Acquires DreamWorks