Disney buying Lucasfilm for $4 billion
Disney is buying Lucasfilm for $4 billion, adding the legendary Star Wars franchise to the entertainment giant's stable of characters. Lucasfilm is 100% owned by Founder George Lucas.
The buyout ranks among one of the largest ever made by Disney. It's fourth behind the $19.7 billion, $7.6 billion and $5.2 billion buyouts of Capital Cities/ABC in 1995, Pixar in 2006 and Fox Family in 2001, respectively, says S&P Capital IQ. It tops the $3.96 billion Disney paid for Marvel in August 2009.
The latest part of the Star Wars saga, Star Wars Episode 7 is targeted for a 2015 release.