According to this morning's Telegraph, "The board of Pixar Animation Studios, the digital animations company, is set to meet tomorrow to approve the company's $7 billion (£3.9 billion) takeover by Disney." As we reported earlier, the deal - if it goes through - would make Steve Jobs Disney's largest shareholder (not to mention about $3.5 billion richer. Yes. Bilion.). Though the web is now treating this as a done deal, John Frost at the Disney Blog is a voice of reason, pointing out that we can't be "certain that the boards will approve the deal" (though since Jobs holds 51% of Pixar stock, it'll probably get by that board pretty smoothly) until the results of the meetings are officially announced.

If/when this goes through, we'll update you on the final, mind-blowing terms of the deal.