NBCUniversal makes DreamWorks Animation acquisition official

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It has been around four months since NBCUniversal announced the buyout of DreamWorks Animation Studios, and now the company has made it a done deal.

Under terms of the deal valued at approximately $3.8 billion, stockholders are receiving $41 in cash for each share of DWA common stock, and post-closing, DWA shares will no longer be listed on the NASDAQ.

DreamWorks Animation was started back in October of 1994 by Steven Spielberg, former Walt Disney Studios chairman Jeffrey Katzenberg, and David Geffen.

Some of the biggest franchises from DreamWorks Animation include How To Train your Dragon, Shrek and Kung Fu Panda.

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Author Description

Clint

Clint

Clint Gamache started Thrillgeek back in 2013 to share his love of theme parks, pop culture and other geeky stuff with the world. He can be found on Twitter @cgamache83