28-04-2016 15:36 via krqe.com

Comcast buying DreamWorks Animation for about $3.55B

NEW YORK (AP) — Comcast is buying DreamWorks Animation for approximately $3.55 billion.
DreamWorks stockholders will receive $41 for each share they own. That’s a 24 percent premium to the company’s Wednesday closing price of $32.20. The companies put the deal’s value at about $3.8 billion.
DreamWorks will become part of the Universal Filmed Entertainment Group, which includes Universal Pictures.
Once the deal closes, DreamWorks co-founder and CEO Jeffrey Katzenberg will
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