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."
"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...