REUTERS – Japan’s SoftBank Corp’s talks to acquire Hollywood studio DreamWorks Animation SKG Inc have cooled, the Wall Street Journal reported, citing people familiar with the matter. DreamWorks Animation shares were down about 9 percent in extended trading. Shares had risen about 26 percent to close at $28.18 during market hours on Monday on reports that SoftBank was in talks to acquire the company. It wasn’t immediately clear what had happened between Saturday, when the talks were under way, and Monday, the report said. …
Source: https://in.news.yahoo.com/softbank-dreamworks-animation-talks-cool-wsj-234943513–finance.html