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Saturday, May 3, 2025

DreamWorks to be Acquired by Japans SoftBank?

Glendale’s DreamWorks Animation SKG Inc. is in talks to be acquired by Japanese telecommunications and Internet company SoftBank Corp. in a deal that would value the company at $3.4 billion, according to a source who tipped off the Hollywood Reporter. A source at SoftBank told Bloomberg that an acquisition hasn’t been formally discussed by senior executives, and the chances of reaching a final agreement are low.

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