Friday, December 21, 2012

ComingSoon.net - 30 most recent stories: Disney Completes Lucasfilm Acquisition

ComingSoon.net - 30 most recent stories
Do you know what's coming?
Disney Completes Lucasfilm Acquisition
Dec 21st 2012, 00:00

Robert A. Iger, President and Chief Executive Officer of The Walt Disney Company announced today that Disney has completed its acquisition of Lucasfilm Ltd. LLC. "We're thrilled to welcome Lucasfilm to the Disney family," said Iger. "'Star Wars' is one of the greatest family entertainment franchises of all time and this transaction combines that world class content with Disney's unique and unparalleled creativity across multiple platforms, businesses, and markets, which we believe will generate growth as well as significant long-term value." Under the terms of the merger agreement, at closing Disney issued 37,076,679 shares and made a cash payment of $2,208,199,950. Based upon the closing price of Disney shares on December 21, 2012 at $50.00, the transaction has a total value of...

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