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SoftBank-Dreamworks Animation Skg Inc Deal: What Social Media Thinks

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SoftBank-Dreamworks Animation Skg Inc Deal: What Social Media Thinks
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Shares of Dreamworks Animation Skg Inc (NASDAQ: DWA) rose nearly 30 percent during Monday's premarket trading, and it appears a buyout rumor is responsible.

According to the Wall Street Journal, SoftBank is having discussions with the California-based animation studio.

Dreamworks sports a market capitalization of $1.9 billion, though a purchase price could be $1 billion to $2 billion more. It's also possible both sides agree to a partnership, or SoftBank makes an investment in the company, the Journal reports.

So, what does social media think of this "Merger Monday" rumor?

Some were optimistic:

Others had questions:

And someone was just having fun:

Disclosure: At the time of this writing, the author had no position in the equities mentioned in this report.

Posted-In: dreamworks social media curation SoftbankNews Rumors Media Best of Benzinga

 

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