CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company has announced that it is going to buy the DreamWorks Animation for $3.8 billion in cash
A
Twenty-First Century Fox Inc
B
Time Warner Inc
C
Walt Disney
D
Comcast
Explanation: 

Detailed explanation-1: -LOS ANGELES-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, NBCUniversal’s parent company, Comcast Corp., pledged to pay DreamWorks Animation shareholders $41 in cash for each share of their DreamWorks stock.

Detailed explanation-2: -NBCUniversal acquired DreamWorks Animation at a cost of $3.8 billion in 2016. The studio originally made some traditionally animated films, as well as two stop-motion co-productions with Aardman Animations, but now exclusively relies on computer animation.

Detailed explanation-3: -That challenge of cutting through the clutter is one reason NBCUniversal bought DreamWorks Animation . “We love the animation business and having a second animation company ensures that we’ll have four films a year, ” said Meyers.

Detailed explanation-4: -It’s A Done Deal! Comcast Buys Dreamworks Animation for $3.8 Billion. Comcast’s NBCUniversal division has bought Dreamworks Animation for $3.8 billion. The deal was announced this morning.

Detailed explanation-5: -On April 28th Comcast, the parent of NBC Universal, announced that it would buy DreamWorks Animation for $3.8 billion.

There is 1 question to complete.