Comcast is acquiring DreamWorks Animation in $3.8 billion deal

Comcast is acquiring DreamWorks Animation for $41 per share, in a deal totalling $3.8 billion, the company announced Thursday.

DreamWorks Animation, the studio behind beloved family movies like "Shrek" and "Kung-Fu Panda," and headed by CEO Jeffrey Katzenberg, will become part of NBCUniversal, a division of Comcast, specifically the Universal Filmed Entertainment Group, which includes Universal Pictures, Fandango, and NBCUniversal Brand Development.

"DreamWorks Animation is a great...

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