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jamesl
02-20-2004, 12:57 AM
I guess Sony -is- serious about animation...

(CBS MarketWatch)

Pixar shares jump on buyout talk
By Russ Britt, CBS.MarketWatch.com
Last Update: 4:55 PM ET Feb. 19, 2004

LOS ANGELES (CBS.MW) -- Shares of Pixar closed more than 3 percent higher Thursday amid new speculation about the company's future distribution or merger partners.

Pixar (PIXR: news, chart, profile) climbed $2.30, or 3.5 percent, to $68.11. Analysts said a trading rumor hit the market floor that Sony (SNE: news, chart, profile) planned to make a bid for the computer animation company at $75 a share.

The news also showed up as a short line in Briefing.com's "Market Chatter" page. Sony shares rose 76 cents, or 1.8 percent, to $42.15.

"Our comment on all rumors is that we don't comment on rumors," Sony spokeswoman Ann Morfogen said. Pixar officials did not return phone calls.

novadesigns
02-20-2004, 11:49 AM
I think Sony is serious about jumping on the CG money-making bandwagon. I'll wait to see the quality one of their animated films before I decide if they are serious about animation.

jamesl
02-20-2004, 02:55 PM
*ouch* (see sig)

j

WizCraker
02-20-2004, 03:53 PM
You really think Steve Jobs is going to let Sony buy the company?

js33
02-20-2004, 03:58 PM
No.

Cheers,
JS