Jobs ready to sell Pixar: Report
CNN/Money - 10/31/05

Jobs ready to sell Pixar: Report

NEW YORK (CNN/Money) - Steve Jobs, the chairman and CEO of Pixar Animation Studios, would be open to a sale of the company at the right price, according to a published report.

The New York Times reports Jobs, who owns about 50 percent of Pixar (Research), would want a strong premium to its current $5.9 billion market capitalization to consider a sale, but he would be open to an offer from its long-time partner, Walt Disney Co. (Research) The paper attributed Jobs' willingness to consider a sale to "two people with knowledge of the talks" now taking place between Disney and Pixar about possibly extending their partnership.
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