Disney Buys Lucasfilm, Will Probably Ruin Star Wars Even More
This isn’t really New York centric, but it’s definitely big news. Disney has agreed to buy Lucasfilm — and the entire Star Wars franchise — for $4.05 billion in stock and cash. Half of the payment will be in cash, and 40 million shares will be distributed at closing.
“For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next,” said George Lucas, CEO of Lucasfilm, in a statement.
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