Hacker News Reader

Could never happen. Disney has a $75B market cap - it would take at least $100B to take them over (roughly 1/3 of Apple's market cap).

Having ~$50B in liquid assets and Steve Jobs owning ~7% of the target company are good arguments to finance a hypothetical deal of that scope.

Steve Jobs's stake doesn't just fold into Apple. But, it doesn't have to be cash -- could be a merger (or partially one).