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  • Paul Allen makes DreamWorks Animation sale

    Allen makes DWA sale

    Staff report
    The Hollywood Reporter
    Nov 14, 2007

    DreamWorks Animation SKG said Tuesday that Microsoft co-founder Paul Allen has sold about 2.4 million shares of DreamWorks' common stock for about $75 million.

    Allen's entity DW Investment II sold the stock for $31.06 per share, according to a regulatory filing. With the latest sale, Allen has cut his stake in the animated filmmaker below 5 million shares. Allen in August reduced his stake from 21 million shares to nearly 7 million shares and resigned from the company's board.
    http://www.hollywoodreporter.com/hr/...3fc8df3bd3bca7
    "If you don't know how to draw, you don't belong in this building" - John Lasseter 2006

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