Re:Apple Eyeing Time Warner Acquisition
by eyesee on Wednesday January 13, 2016 @08:43AM
(#10894152)
Apple never owned Pixar. You may be conflating them with Steve Jobs, who did own a majority stake at the time of the sale.
Re:Apple Eyeing Time Warner Acquisition
by bobajeff on Wednesday January 13, 2016 @08:53AM
(#10894210)
Oh, yes that's it.
Re:Apple Eyeing Time Warner Acquisition
by samfisher83 on Wednesday January 13, 2016 @08:44AM
(#10894156)
Steve jobs used to own Pixar.
Re:Apple Eyeing Time Warner Acquisition
by protomyth on Wednesday January 13, 2016 @08:49AM
(#10894186)
He became a billionaire again during the Pixar IPO with 80% of the stock.
Re:Apple Eyeing Time Warner Acquisition
by AnAfrican on Wednesday January 13, 2016 @09:50AM
(#10894633)
If i'm not mistaken, he also became Disney's biggest individual shareholder.
Re:Apple Eyeing Time Warner Acquisition
by protomyth on Wednesday January 13, 2016 @06:31PM
(#10898505)
That deal was on January 25, 2006. He became a board member and:
"The transaction was an all-stock deal – making Steve Jobs Disney’s largest shareholder (he owned 50.6% of Pixar at that time; he owned more than 70% of the company when Pixar’s first proxy statement was filed in 1997 but had been diluted by share issuance / option grants over the years). Disney’s proxy statement filed in early 2007 shows that Jobs owned 138,000,007 shares of Disney – enough for a nearly 7% stake in the company. The 10-K for 2006 shows that Disney stock ended the year at ~$30 per share – making Steve’s stake worth more than $4 billion."
http://www.gurufocus.com/news/315903/steve-jobs-investment-t...
If this happens it would put them in competition with them.