Softbank Reportedly Offers $32.00/Share for Dreamworks Animation

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.