Softbank Reportedly Offers $32.00/Share for Dreamworks Animation

by Charles Gross, Benzinga Editor

September 28, 2014 9:36 AM | 21 seconds read | Make a Comment

SoftBank Corp.

SFTBY

is in talks to acquire DreamWorks Animation SKG Inc.

DWA

, according to

The Hollywood Reporter

and reported later by

WSJ

on Saturday. SoftBank reportedly has offered $32 per share, for the company headed by CEO Jeffrey Katzenberg, according to sources. Spokespersons for both companies declined comment. DreamWorks Animation closed at $22.36 on Friday, a gain of $0.13.

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Softbank Reportedly Offers $32.00/Share for Dreamworks Animation