Who's zoomin' who?
Jan. 22nd, 2006 07:44 am(link found through
darkmane)
Back a few years ago, Apple "acquired" NeXT. Of course, all Apple had to give up was its CEO, its Chairman, its operating system, its relationship with cloners, and a few knick knacks besides.
Now it seems Disney is "acquiring" Pixar. I use the scare quotes because my eyebrows hit the ceiling on this:
"The all-share deal will make Steve Jobs, the chief executive of Apple, around $3.5bn and the single largest shareholder in Disney." (emphasis added)
Umm... If Steve is going to be the single largest shareholder, just who is acquiring whom?
Last time this happened, Steve dumped the shares of Apple he receieved for NeXT as quickly as he legally could -- a fine vote of confidence in his abilities as Interim-CEO-For-Life. I'm sure he felt compensated by the fact he was able to kick his decades-long nemesis, Mike Markkula, off the board. (The Macintosh exists largely because Jobs was trying to spite Markkula, back when.)
It'll be interesting to see what Steve does with his stock -- issue the final kiss-off to Mike Eisner, pull a Warren Buffett and sell his shares again, or both.
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Back a few years ago, Apple "acquired" NeXT. Of course, all Apple had to give up was its CEO, its Chairman, its operating system, its relationship with cloners, and a few knick knacks besides.
Now it seems Disney is "acquiring" Pixar. I use the scare quotes because my eyebrows hit the ceiling on this:
"The all-share deal will make Steve Jobs, the chief executive of Apple, around $3.5bn and the single largest shareholder in Disney." (emphasis added)
Umm... If Steve is going to be the single largest shareholder, just who is acquiring whom?
Last time this happened, Steve dumped the shares of Apple he receieved for NeXT as quickly as he legally could -- a fine vote of confidence in his abilities as Interim-CEO-For-Life. I'm sure he felt compensated by the fact he was able to kick his decades-long nemesis, Mike Markkula, off the board. (The Macintosh exists largely because Jobs was trying to spite Markkula, back when.)
It'll be interesting to see what Steve does with his stock -- issue the final kiss-off to Mike Eisner, pull a Warren Buffett and sell his shares again, or both.