The Walt Disney Company (DIS) announced on Tuesday that it will acquire Lucasfilm, the entertainment firm known from Star Wars. Walt Disney will pay approximately $4.05 billion in cash and shares for the firm. Shareholders in Walt Disney get the chance to react on the announcement of the deal on Wednesday morning.
The Deal
Walt Disney announced that it will acquire Lucasfilm, currently owned by founder George Lucas. Disney will pay approximately $4.05 billion for the firm. The company will pay approximately half of the amount in cash, and the remainder by issuing 40 million shares.
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