Disney to Acquire Lucasfilm; George Lucas Now Four Billion Richer
[Editor's Note: Disney added a serious weapon to their arsenal this week with the purchase of Lucasfilm Ltd., not to mention adding the Star Wars franchise to their library. Reel Life With Jane has the details... --Morgan]
Credit Image: © Globe Photos/ZUMAPRESS.com
Two major entertainment companies — The Walt Disney Company and Lucasfilm Ltd. — merging into one.
...As if George Lucas wasn’t rich enough to begin with, as the sole owner of Lucasfilm, he’s now $4.05 billion richer, with Disney paying approximately half in cash and issuing approximately 40 million shares at closing.