Bluefield Daily Telegraph, Bluefield, WV

Entertainment

December 4, 2012

Regulators clear Disney purchase of Lucasfilm

WASHINGTON (AP) — Federal antitrust regulators have cleared Disney's $4 billion deal to buy Lucasfilm, the filmmaking empire behind the "Star Wars" franchise.

Notice of the clearance was issued Tuesday.

Representatives for The Walt Disney Co. and Lucasfilm Ltd. did not immediately respond to requests for comment. When the deal was announced in October, no formal closing date was announced.

The purchase stoked "Star Wars" fans because along with the surprise announcement, Disney said it would make sequels to the six-part series with plans to release the first in the next trilogy, Episode 7, in 2015.

Lucasfilm founder George Lucas is to receive about half of the $4.05 billion purchase price in cash and half in newly issued Disney shares. He has said he'd donate much of it to charity.

1
Text Only
Entertainment
Lifestyles
AP Video
Raw: Japanese Soldiers Storm Beach in Exercises Raw: Weapons Fire Hits UN School in Gaza Raw: Rocket Launches Into Space With Cargo Ship Broken Water Main Floods UCLA Two Women Narrowly Avoid Being Hit by Train In Virginia, the Rise of a New Space Coast New Sanctions on Key Sectors of Russian Economy Crayola Announces Family Attraction in Orlando US Ready to Slap New Sanctions on Russia Kerry: Not Worried About Israeli Criticism Boater Rescued From Edge of Kentucky Dam Girl Struck by Plane on Florida Beach Dies Rodents Rampant in Gardens Around Louvre House to Vote on Slimmed-down Bill for Border Looming Demand Could Undercut Flight Safety Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Raw: Massive Explosions From Airstrikes in Gaza Giant Ketchup Bottle Water Tower Up for Sale Easier Nuclear Construction Promises Fall Short Kerry: Humanitarian Cease-fire Efforts Continue
BBQ My Way