Reply to Re: Disney buys Pixar for $7B

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Posted by Justin on 01/23/06 15:01

Bruce Hoult wrote on [Mon, 23 Jan 2006 17:54:09 +1300]:
> 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

He believes he can convince them to sell content on iTunes.

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