Comcast’s NBCUniversal Buys DreamWorks Animation in $3.8-Billion Deal

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NBCUniversal on Thursday said it has acquired DreamWorks Animation in a deal valued at $3.8 billion.

A closeup on the DreamWorks Animation logo at the studio in Glendale on Nov. 26, 2013. (Credit: JEWEL SAMAD/AFP/Getty Images)

A closeup on the DreamWorks Animation logo at the studio in Glendale on Nov. 26, 2013. (Credit: JEWEL SAMAD/AFP/Getty Images)

Under the deal, DreamWorks shareholders will receive $41 in cash for each share of DreamWorks stock.

The deal came together with breathtaking speed. The Glendale-based animation studio will be folded into the Universal Filmed Entertainment group, run by Jeff Shell.

“DreamWorks Animation is a great addition to NBCUniversal,” said Steve Burke, chief executive of NBCUniversal. “[DreamWorks CEO] Jeffrey Katzenberg and the DreamWorks organization have created a dynamic film brand and a deep library of intellectual property.”

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