NBCUniversal to Acquire DreamWorks Animation in $3.8B Deal

April 28, 2016 1:32 PM

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Founder Jeffrey Katzenberg will not be running the studio he founded, but serve as chairman of DreamWorks New Media and a consultant to NBCUniversal.

Comcast's NBCUniversal made things official on Thursday, unveiling a deal to acquire DreamWorks Animation in a deal that puts an equity value of $3.8 billion on the studio.

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