Deals
Softbank Said to Discuss Buyout of DreamWorks Animation
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Softbank Corp., the Japanese wireless carrier headed by Masayoshi Son, is in talks to buy Jeffrey Katzenberg’s DreamWorks Animation SKG Inc. film studio, people familiar with the situation said.
Softbank has made a $3.4 billion offer that values DreamWorks Animation shares at $32 each, the Hollywood Reporter said yesterday. The board of DreamWorks Animation, based in Glendale, California, held an emergency meeting last week to weigh the bid, the publication reported.