Disney Buys Lucasfilm
OCTOBER 30, 2012
Burbank-based The Walt Disney Company has acquired Lucasfilm Ltd. , the film company owned by George Lucas, in a deal worth $4.05 billion, Disney said Tuesday afternoon. Disney said it would pay stock and cash for Lucasfilm, with approximately half in cash and 40M in shares. Lucasfilm owns the rights to Star Wars. According to George Lucas, the move came as it was time to "pass Star Wars on to a new generation of filmmakers."