Pixar board approves Disney takeover

[Name]

And no one mentioned that Jobs was joining the Disney Board as a part of the deal? This sounds like a good thing to me.

[Kevy Baby]

Originally Posted by Name

And no one mentioned that Jobs was joining the Disney Board as a part of the deal?

Well, he is now the single largest individual shareholder of Disney stock.

From the LA Times article (linked above):

At Disney, Jobs conceivably could make a play to be named vice chairman, a title Roy E. Disney had when he was the company's largest individual shareholder, or even nonexecutive chairman when former Sen. George J. Mitchell leaves that post at the end of this year.

[Alex]

To give you an idea of how much Disney stock Jobs will own:

He will end up with 138 million shares.

The current largest shareholder (Eisner) has 14 million shares.


But if he wants to make any kind of serious play at controlling Disney I think he is going to have to leave Apple. Think he's willing?

[wendybeth]

I think Jobs is just happy that his is bigger than Eisner's.

[Cadaverous Pallor]

Originally Posted by Alex Stroup

To give you an idea of how much Disney stock Jobs will own:

He will end up with 138 million shares.

The current largest shareholder (Eisner) has 14 million shares.

Holy crap! That's the biggest news, and I hadn't heard it.