Disney board okays takeover offer to Pixar:

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WanderAimlessly

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Unfortunately, this was a long time in comming.
**Disney board okays takeover offer to Pixar: source By Gina Keating
**11 minutes ago

LOS ANGELES (Reuters) - The board of Walt Disney Co. has authorized Chief Executive Robert Iger to make an offer to buy Pixar Animation Studios Inc., and that is expected by Tuesday, a source familiar with the matter said late on Monday.

Pixar’s board is expected to consider the offer on Tuesday as well, said the source, who did not disclose financial terms.

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Yes, Pixar made many of their recent movies for Disney, but they were still independant to a point.

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