Disney Completes $4.06B LucasFilm Acquisition
SAN FRANCISCO (CBS SF) – Disney said it has completed its acquisition of San Francisco-based 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.
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