Comcast acquires Dreamworks animation, ‘Shrek’ ‘Kung Fu Panda’ for $3.8 billion

Comcast Corp, the owner of NBCUniversal confirmed that news that it would buy DreamWorks Animation SKG Inc for $3.8 billion, a $41-per-share cash offer representing a premium of about 27 percent to DreamWorks’ recent close. Trading in Dreamworks shares, which have gained nearly 50 percent in the last six months, was halted. DreamWorks Chief Executive Jeffrey Katzenberg will … Continue reading Comcast acquires Dreamworks animation, ‘Shrek’ ‘Kung Fu Panda’ for $3.8 billion