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              Comcast buying DreamWorks Animation for about $3.55B

   by Associated Press

   Comcast is buying DreamWorks Animation, the film company behind the
   Shrek, Madagascar and Kung Fu Panda franchises, 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 become chairman of DreamWorks New Media. He'll also serve as a
   consultant to NBCUniversal, a unit of Comcast Corp.

   Both companies' boards have approved the transaction, which is targeted
   to close by year's end.
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   [1]http://www.voanews.com/content/comcast-buying-dreamworks-animation-f
   or-about-3-55b/3306570.html

References

   1. http://www.voanews.com/content/comcast-buying-dreamworks-animation-for-about-3-55b/3306570.html