Disney Close to Acquiring Pixar
Several crucial details are still being hammered out, but if the Pixar board approves, its animation unit will join Disney's, with John Lasseter expected to oversee the combined unit.
Steve Job, Pixar's CEO, will become Disney's largest shareholder and is expected to be given a seat on the board.
Disney and Pixar currently have a distribution deal where Disney owns the rights to movies it distribute for Pixar. "Cars," scheduled for a summer release this year, is the last movie under this deal.