Apple to buy out Disney?
Posted by Dennis Sellers 
Feb 27, 2006 at 5:24am
Barron’s, a weekly publication for investor, says it’s possible that Apple could make a bid to buy out Disney after Apple (and Pixar) CEO Steve Jobs becomes the legendary entertainment firm’s largest shareholder, according to CBS MarketWatch.
Improbable? Maybe. Impossible? Hardly. After all when Apple bought NeXT (the company Jobs founded after leaving Apple) and brought Jobs on in an advisory capacity, in some ways the former NeXT crew quickly took the reigns at Apple. Anyway, Jobs will own seven percent of Disney after that firm’s agreement to acquire the maker of movies like Toy Story, Finding Nemo and The Incredibles.
“I think he has an open option,” Barron’s quoted analyst Christopher Whalen, a New York-based managing director of Institutional Risk Analytics. “Disney is badly undervalued right now. Jobs might get an opportunity to take it out.”
Whalen argues that Jobs’ unique familiarity with both the content and technology sides of Hollywood make the case for a bid more compelling. The markets and Disney shareholders would welcome a merger led “by their apparent savior, Steve Jobs,” he adds.
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Dennis Sellers
Dennis has been a newspaper editor/reporter (seven years) and teacher (seven years). He has over 4,000 magazine, newspaper and online articles to his credit. He has also covered the Mac and tech industries for over a decade for such online publications as MacCentral, MacMinute and now MacsimumNews.
