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Posted by Bruce Hoult on 01/23/06 04:54
In article <1137978725.083371.107040@o13g2000cwo.googlegroups.com>,
"Goro" <evilninjax@yahoo.com> wrote:
> http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/01/22/cnpixar22.xm
> l&menuId=242&sSheet=/money/2006/01/22/ixcitytop.html
>
> pending approval still, but looks just about a done deal and Jobs is
> gonna pocket about $3.5B out of it.
What you of course mean is that he'll have $3.5B of Disney stock instead
of the $3.5B of Pixar stock he already has.
It doesn't quite sound right to me. I suspect that at least one of the
following must be true:
- the price is significantly more than $7B
- Jobs is looking to cash out and thinks 15% of Disney will be easier to
unload than 51% of Pixar
- Jobs believes he can gain effective control of Disney
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Bruce | 41.1670S | \ spoken | -+-
Hoult | 174.8263E | /\ here. | ----------O----------
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