NEW YORK — NBCUniversal, a division of Comcast Corporation, has completed its acquisition of DreamWorks Animation SKG, Inc. The studio will become part of the Universal Filmed Entertainment Group, which includes Universal Pictures, Fandango, and NBCUniversal Brand Development.
Under terms of the deal, valued at approximately $3.8 billion, DWA stockholders are receiving $41 in cash for each share of DWA common stock, and post-closing, DWA shares will no longer be listed on the NASDAQ. In addition, on September 21st, DWA will redeem all $300 million aggregate principal amount outstanding of its 6.875 percent Senior Notes due August 15th, 2020 at a redemption price of 105.156% of the principal amount thereof, plus accrued and unpaid interest to, but not including, the date of redemption.
NBCUniversal is a leading media and entertainment company in the development, production, and marketing of entertainment, news and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, world-renowned theme parks, and a suite of leading Internet-based businesses.
DreamWorks Animation is a global family entertainment company with business interests that span feature film and television production; licensing and consumer products; location-based entertainment; and new media properties, including the company’s controlling interest in AwesomenessTV. The company’s feature film heritage includes Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon. Its 32 feature film releases have amassed more than $13 billion in global box office receipts.