Disney will lay out $7.4 billion in stock to buy Pixar the anuimation company that Apple founder Steve Jobs bought from Lucas Arts and turned dramatically around. Assuming investors don’t sabotage the deal, and from stock movements it looks like they like the deal, then Jobs will become Disney’s largest individual shareholder and receive a seat on the Disney and the Pixar management team will takeover key responsibilities running the combined animation business of the two companies and retain have full creative control. Disney was the sole distributor of each of Pixar’s six films, starting with “Toy Story” and followed up with hits such as “Monsters, Inc.,” “Finding Nemo” and “The Incredibles.” If Robert Iger and Steve Jobs manage to…