So Jobs owns Apple, and Pixar, he also runs and owns 7% of Disney through Pixar. What if Apple uses some of it’s billions to buy up the rest of Disney? It’s possible.
“I think he has an open option,” Barron’s quoted analyst Christopher Whalen, a New York-based managing director of Institutional Risk Analytics. “Disney is badly undervalued right now. Jobs might get an opportunity to take it out.”
Whalen argues that Jobs’ unique familiarity with both the content and technolgy sides of Hollywood make the case for a bid more compelling.
“The markets and Disney shareholders would welcome a merger led by their apparent savior, Steve Jobs,” Whalen concluded.