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Investors erect Yield Sign in front of Pixar Deal

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A group of Pixar investors have filed a class-action lawsuit claiming that Pixar was sold at too low a price.

The complaint
argues that a judge should stop the deal, arguing it will enrich Pixar
executives and give them plum positions at the newly combined animation
powerhouse while leaving investors out in the cold.

I’ve heard this complaint here and there. What do you think? Any validity? It certainly looks like Steve Jobs is the big winner in this deal. But you had to know that when you bought the stock that Jobs owned 51% of the company and you were subject to his whims.

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