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This is actually happening, Disney is spending a very hefty sum of money to acquire LucasFilm. Details from Benzinga:
The Walt Disney Company has agreed to acquire Lucasfilm Ltd. in a stock and cash transaction. Lucasfilm is 100% owned by Lucasfilm Chairman and Founder, George Lucas.
Under the terms of the agreement and based on the closing price of Disney stock on October 26, 2012, the transaction value is $4.05 billion, with Disney paying approximately half of the consideration in cash and issuing approximately 40 million shares at closing. The final consideration will be subject to customary post-closing balance sheet adjustments.
George Lucas also had a prepared statement ready to go:
“For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next,” said George Lucas, Chairman and Chief Executive Officer of Lucasfilm. “It’s now time for me to pass Star Wars on to a new generation of filmmakers. I’ve always believed that St...
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George Lucas sold Lucasfilm for $4.05 Billion on Tuesday to Disney. Yes, you read that right: Four Billion.
One way to end the lockout immediately? Sell the entire league to Lucas. He can fire all the players, rid the situation of the NHLPA, and start over. Of course, all the team names would become droid names, so it would be a little lame, but at least we'd have hockey...
And George Lucas is donating most of Disney's $4 Billion to charity.
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Movies Yes, Disney bought Lucasfilm, but they also gave the Star Wars creator (and prequel-maker) a two percent stake in the company…
So Darth Vader can’t come back since he died in Return of the Jedi, but get excited Star Wars fans because there will be an Episode 7 in 2015. Today Disney bought Lucasfilm which includes the iconic Star Wars for a cool $4.05 billion in stock and cash. George Lucas will serve as a The post NCB Pop: Disney Buys Lucasfilm, New Star Wars Coming in 2015 appeared first on No Coast Bias.
George Lucas has now finally passed the torch of his marvelous sci-fi movie title ‘Star Wars’ on to the next generation. Disney recently announced that they have bought Lucasfilms for 4.05 billion dollars. They also announced that the next installment of the saga has a release date of sometime in 2015. The film will be under direction of Disney’s executive producer Kathleen...