Disney Purchases Pixar!
Was reading The Apple Blog tonight, and saw the story about Disney and Pixar. Reuters reports that Disney purchased Pixar for $7.4 billion in an all-stock exchange. Appleblog went on to say:
"Fortunately, it looks like the top honchos from Pixar, including Steve Jobs, are now controlling the animation department and the entire company, and the previous leaders of Disney Animation have been moved or fired."
Wow, this is huge.
Apple Blog Article
Reuters