More on the Pixar buyout
The finance obsessed people at Bloomberg have a very comprehensive article up covering the Disney/Pixar deal (it was as if they were working on it before the deal of finalized. Imagine that!). Disney will pay $59.78 a share for Pixar stock (and since Steve Jobs is the largest stockholder of Pixar he is going to make out like a bandit), though Disney will be paying with Disney stock (helping to diversify his Steveness' stock interests in the process).
Disney is hoping that Pixar will transform the company into the animation powerhouse it once was. Disney is taking the right steps by placing Pixar people in key positions, however, something tells me that Disney and Pixar have very different corporate cultures.
Only time will tell.
