• George Lucas Files To Sell Off His 2 Percent Stake In Disney For Nearly $2 Billion

      Just four months after announcing the sale of Lucasfilm production company to Disney in a $4 billion deal, George Lucas, the screenwriter and director best known for the Star Wars series, has made a move toward cashing out — big time.



      In a regulatory document filed today with the Securities and Exchange Commission, Disney disclosed that George Lucas’ personal trust has registered for the ability to sell his two percent stake in the entertainment conglomerate, which could net him a total of $1.99 billion. The Lucasfilm sale made George Lucas Disney’s second largest single shareholder; the first is the estate of the late Steve Jobs.


      Per the document, Lucas now has the go-ahead to sell a total of 37,076,679 shares of Walt Disney Company common stock at a proposed price of $53.77 per share. The registration covers all of the stock that Lucas received as part of the Lucasfilm acquisition — after the registered stock is sold off, the document says, he will no longer own any portion of Disney stock.

      Read the full story at TechCrunch.com
      Buy the hottest collectibles from: BigBadToyStore.com and BriansToys.com.


      Comments 9 Comments
      1. Beast's Avatar
        Beast -
        Wow. I wonder if this will get donated to charity as well?
      1. bigbarada's Avatar
        bigbarada -
        Kind of weird that he donated most of the $4 billion and is not cashing in nearly $2 billion in stock. If he donates that as well, then I'm going to start to wonder if he has some kind of terminal disease or something like that.
      1. bigbarada's Avatar
        bigbarada -
        I meant to say "is NOW cashing in nearly $2 billion in stock." For some reason the edit function is not working for me.
      1. Beast's Avatar
        Beast -
        I doubt he has some sort of terminal disease. Especially as he's going to be getting married soon.

        I just think he's looking to do some good with the profits from his Star Wars empire.
      1. bigbarada's Avatar
        bigbarada -
        Quote Originally Posted by Beast View Post
        I doubt he has some sort of terminal disease. Especially as he's going to be getting married soon.

        I just think he's looking to do some good with the profits from his Star Wars empire.
        Well, of course she's going to marry him. How else is she going to get all his money when he kicks the bucket?

        Anyways, I guess it's all a moot point now. Thanks for the update, Maerj2000.
      1. Beast's Avatar
        Beast -
        She's not exactly poor. She's pretty wealthy herself. And he already gave away most of his money.
      1. bigbarada's Avatar
        bigbarada -
        Quote Originally Posted by Beast View Post
        She's not exactly poor. She's pretty wealthy herself. And he already gave away most of his money.
        I'm know, I'm just poking fun.
      1. RendarStillLives's Avatar
        RendarStillLives -
        Isn't there a tax reimbursement on charitable donations? He'll still get his money or at least most of it.
    • Recent Forum Posts

      JediTricks

      2016 Black Series Fan Choice Poll

      Did you see the facial sculpts on the prototype and pre-production version of ANH Leia at SDCC and CE respectively? Jaina's not gonna have a good look

      JediTricks 4 Minutes Ago Go to last post
      JediTricks

      How is the weather by you today?

      Yesterday was supposed to be 88, really was only 81 so I opened the windows and turned on the fan, it was nice, but hard to sleep last night with 73 so

      JediTricks 5 Minutes Ago Go to last post
      Bel-Cam Jos

      RIP....The Official Dead Thread

      Sports figure again: NFL and college football coach Dennis Green, at 67. For those not into sports so much, he's probably known for his post-game press

      Bel-Cam Jos 1 Hour Ago Go to last post
      Bel-Cam Jos

      2016 Black Series Fan Choice Poll

      So, that means she's canon again, right? Yay, flawed logic from me!

      But I never found the first Jaina (nor Jacen) figure, so depending on

      Bel-Cam Jos 2 Hours Ago Go to last post
      Bel-Cam Jos

      How is the weather by you today?

      I saw a high of 112 yesterday while out (car temp read as 115, though). Morning temps have been in the low-70s, so it gets a boost early. Sad thing:

      Bel-Cam Jos 2 Hours Ago Go to last post
      JediTricks

      Mysterious super articulated 3 3/4" six-pack!

      Just described the entirety of Hasbro's 2016 lineup.

      The amount of recycled Astromechs this year is shockingly lazy, even Sideshow has a

      JediTricks 10 Hours Ago Go to last post
      JediTricks

      2016 Black Series Fan Choice Poll

      Magically, Jaina's votes shot up 10% in the last day. Because that's how voting works, right? Give me a break. I'm glad we didn't put our energies

      JediTricks 10 Hours Ago Go to last post
      bigbarada

      Mysterious super articulated 3 3/4" six-pack!

      It's just a bunch of astromechs. What a lame set for so much build up.

      bigbarada 17 Hours Ago Go to last post
      bigbarada

      2016 Black Series Fan Choice Poll

      It's not about material costs it's about labor costs and assembly times (which really just boils down to man-hours). From what I've read, the difference

      bigbarada 17 Hours Ago Go to last post
      Bel-Cam Jos

      The "other" SW canonical fiction Thread

      I finished the second book, borrowing from the Hunger Games or Game of Thrones style where the series gets its name from the first book onward: Aftermath:

      Bel-Cam Jos 17 Hours Ago Go to last post
    Single Sign On provided by vBSSO