Maker Studios sticking with Disney's offer

|By:, SA News Editor

A short, dry PR from Maker Studios makes it clear the company has no intention to abandon Disney's (DIS) offer for the company (worth up to $900M) in favor of a last-minute bid from Relativity Studios (reportedly worth up to $1.1B in cash and stock).

Though shareholders don't officially vote on Disney's offer until tomorrow, Maker says the deal has already been approved by "the majority of its shareholders." It's expected to close within the next few weeks.