Share “Disney completes Lucasfilm acquisition for...”

Disney completes Lucasfilm acquisition for $4.06B

Published on NewsOK Modified: December 21, 2012 at 4:17 pm •  Published: December 21, 2012
Advertisement

BURBANK, Calif. (AP) — Disney says it has completed its acquisition of Lucasfilm Ltd. for $4.06 billion in cash and stock.

The company said Friday that it issued 37.1 million shares and made a cash payment of $2.21 billion to buy the maker of "Star Wars" from its sole owner, George Lucas.

The total transaction value was based on Friday's closing price of $50 for Disney shares.

The deal includes special effects giant Industrial Light & Magic, video game maker LucasArts and sound studio Skywalker Sound.

The Walt Disney Co. has said it will revive the "Star Wars" franchise beginning with "Episode 7" in 2015.


AROUND THE WEB

  1. 1
    Man charged with raping, beating ex-girlfriend is named Tulsa's Most Wanted fugitive
  2. 2
    Tulsa man accused of distributing child porn after undercover investigation
  3. 3
    Sister Helen Prejean appeals to governor to stay convicted killer Richard Glossip's execution
  4. 4
    Son and five others indicted on murder charges in Pryor woman's overdose death
  5. 5
    Du'Vonta Lampkin released by Texas, eligible for OU football
+ show more

FEATURED JOBS



× Trending business Article