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Actually, it was the other way around: Pixar took over Disney and they kept both names going, but the entirety of Pixar's management team replaced their counter
by bsenftner 13y ago
Actually, it was the other way around: Pixar took over Disney and they kept both names going, but the entirety of Pixar's management team replaced their counterparts at Disney. Sounds to me like Pixar did the taking over there.
- dragonwriter 13y ago> Actually, it was the other way around: Pixar took over Disney and they kept both names going, but the entirety of Pixar's management team replaced their counterparts at Disney. Sounds to me like Pixar did the taking over there. Yeah, corporate acquisitions are often not in substance what they are superficially described as...in technical terms, Disney "bought" Pixar, but they did so entirely with Disney stock, $7.4 billion dollars worth, and made Steve Jobs by far Disney's largest single shareholder, and, while Pixar remained a distinct entity within Disney, much of Disney's management was replaced with Pixar management (who retained their roles in Pixar, as well.)