And the deal is done. Lucasfilm Ltd. is officially a part of Walt Disney Co., the company reported Friday. For his part, George Lucas has acquired $2.21 billion in cash and 37.1 million shares of Disney, which based on today’s closing price totals to about $4.06 billion – a bit above the previously reported price of $4.05B. Lucas has said he plans to give most of the money to charity.
“We’re thrilled to welcome Lucasfilm to the Disney family,” said CEO Bob 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.”
In addition to Lucasfilm and Star Wars, Disney also acquired subsidiaries LucasArts, Industrial Light & Magic and Skywalker Sound, as well as an endless parade of blaster-toting Disney Princess jokes.