With shareholders voting in favor of the motion The Walt Disney Company’s acquisition of Pixar has been approved and finalized. “The vote makes Pixar a wholly owned subsidiary of Disney and makes former Pixar Chief Executive Steve Jobs Disney’s single largest shareholder with about a 7 percent stake. The deal is squarely aimed at restoring Disney’s luster as a leader in the animated film business.” More information at o-meon.
Pixar acquisition finalized