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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