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DEALS: Nike's Knight Acquires Majority Interest in Vinton Studios

Published on .

Will Vinton of Vinton Studios announced today that Nike chief Phil Knight has acquired a majority interest in the animation house, which -- like Nike -- is based in Portland, Ore. As a result of new investment by Knight (he's been a minority shareholder since 1998), the Nike chairman, president and CEO will join Vinton's seven-member board of directors, according to a statement from the studio, but will not be involved in the company's day-to-day operations.
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