Comcast's NBCUniversal buys DreamWorks Animation in $3.8-billion deal

April 28, 2016 1:40 PM

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NBCUniversal on Thursday said it has reached an agreement to acquire DreamWorks Animation in a deal valued at $3.8 billion.

Under terms of the agreement, the Comcast Corp. media unit pledged to pay DreamWorks Animation shareholders $41 in cash for each share of their DreamWorks' stock. The transaction is expected to close later this year, subject to a government anti-trust review.

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