DreamWorks Animation IPO may raise up to $725M
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Animated film-maker DreamWorks Animation SKG Inc. set its anticipated initial public offering at 29 million shares -- which could raise $725 million, Reuters is reporting.
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Shares of DreamWorks Animation SKG (nyse: DWA - news - people ) were lower in extended hours trading after the animated film company said it will delay the release of Shrek 3. Dreamworks also announced third-quarter revenue of $241 million and pro forma
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DreamWorks Animation SKG Inc. on Tuesday set its planned initial public offering at 29 million shares that could raise up to $725 million, announcing the terms after its new film &quot;Shark Tale&quot; snagged the No.
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DreamWorks Animation SKG Inc.  posted on Tuesday quarterly revenue ahead of Wall Street  forecasts, but it made a loss due to charges associated with  its film "Flushed Away."
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Bruce Wasserstein that runs Lazard is said to try to get the approval for the IPO by Tuesday and get as much as $3.4 billion for it.
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Impeccably timed to take full advantage of the success of &quot;Shark Tale,&quot; the initial public offering of DreamWorks Animation SKG went off swimmingly Thursday, floating 38% higher in its first day of trading.
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DreamWorks Animation SKG Inc. set its planned initial public offering on Tuesday at 29 million Class A common shares at an estimated price of $23 to $25 per share, which could bring in more than $600 million for the company.
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LOS ANGELES  - The DreamWorks cartoon  "Shark Tale" grossed more than $80 million during its first  week on home video, the studio said, surpassing its $56 million  opening-week box office take.
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Shares in Dreamworks Animation, the creators of Shrek and Shark Tale, jump 30% on their first day of trading.
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Shares in DreamWorks Animation surged as much 41 percent on their first day of trading Thursday as investors bet that the producer of computer-animated movies could use cash from its initial stock sale to challenge Pixar Animation Studios and Walt Disney.
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The hedge fund Fortress Investment Group is said to be considering an initial public offering that could value the company from $5 billion to $7 billion.
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DreamWorks and Walt Disney have three films each in the running for best animated feature Oscar.
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DreamWorks Animation SKG Inc., whose &quot;Shark Tale&quot; film snagged the No. 1 US box office spot for the second straight weekend, on Tuesday
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SAN FRANCISCO (CBS.MW) -- Shares of Pixar Animation Studios Inc. jumped late Thursday after the company reported a 70 percent rise in third-quarter earnings, boosted by strong sales of its library titles.
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Shares in DreamWorks Animation, the studio behind the hit films &quot;Shrek 2&quot; and &quot;Shark Tale,&quot; gained 38.4 percent on Thursday, their first day of trading.
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NEW YORK, Oct 12  - DreamWorks Animation, which in the past decade has become one of the leaders in film animation, made a move toward going public Tuesday by filing estimated terms of its initial public offering (IPO).
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Movie studio DreamWorks, which is preparing to spin off its animation unit in an initial public offering, is scrambling to prevent the proliferation of pristine bootleg copies of its hit cartoon "Shrek 2," Hollywood trade paper Daily Variety said in its Monday edition.