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Disney/Pixar Merger: Conditions Revealed in SEC Filing

The Los Angeles Times and The New York Times have covered a recent SEC filing about the proposed Disney/Pixar merger (registration required for both), noting that Pixar creative chief John Lasseter will be granted the power to greenlight all animated features from the studio, subject to final approval from Disney CEO Robert Iger. The filing also states that the merger would be jeopardized if Iger, Lasseter, or Pixar President Dr. Ed Catmull should quit or die before the deal is complete, or if a majority of seven Pixar directors and creative executives (including Andrew Stanton, Pete Docter, Brad Bird, Bob Peterson, Brenda Chapman, Lee Unkrich, and Gary Rydstrom) do not agree to join the combined company.

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