Skip to content

Regulators clear Disney purchase of Lucasfilm

December 10, 2012

This Seattle Times article reports the clearance given to Disney in purchasing Lucasfilm.

 
disney_lucas

 

Federal antitrust regulators have cleared Disney’s $4 billion deal to buy Lucasfilm, the filmmaking empire behind the “Star Wars” franchise.

WASHINGTON —Federal antitrust regulators have cleared Disney’s $4 billion deal to buy Lucasfilm, the filmmaking empire behind the “Star Wars” franchise.

Notice of the clearance was issued Tuesday.

Representatives for The Walt Disney Co. and Lucasfilm Ltd. did not immediately respond to requests for comment. When the deal was announced in October, no formal closing date was announced.

The purchase stoked “Star Wars” fans because along with the surprise announcement, Disney said it would make sequels to the six-part series with plans to release the first in the next trilogy, Episode 7, in 2015.

Lucasfilm founder George Lucas is to receive about half of the $4.05 billion purchase price in cash and half in newly issued Disney shares. He has said he’d donate much of it to charity.

Source:http://seattletimes.com/html/entertainment/2019824890_apusdisneylucasfilm.html?syndication=rss

Advertisements

From → Uncategorized

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: