Disney buying Pixar?

If The Telegraph is right, Disney could announce as early as tomorrow that it has bought Pixar. Rumours have been swirling for a while and it looks like the two companies have come to terms. Pixar’s board is supposed to meet tomorrow to approve Disney’s offer of $7 billion US.

Jobs, who created Pixar when he bought the Lucasfilm computer animation division, is set to become Disney’s largest shareholder (about $3.5 billion US).

Stay tuned – We should know tomorrow if The Telegraph is right.

Read more about this story