• 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

      figrin bran

      The Force Awakens products to hit September 4

      I guess I got pretty lucky with my WM black series 3.75" figures as most of them had decent paint except for one stormtrooper with dots of black

      figrin bran 5 Minutes Ago Go to last post
      figrin bran

      QUESTIONS FOR HASBRO at Conventions – 2016

      I wanted to tack on a bit to JT's question about Titanium vehicles and ask that with the relaunch of Titaniums as well as Micro Machines, is there any

      figrin bran 11 Minutes Ago Go to last post
      bigbarada

      QUESTIONS FOR HASBRO at Conventions – 2016

      Huh, I wonder if they would send out new wings for the TIE Fighter. I've been considering buying a newer release TIE and, assuming the wings are less

      bigbarada 1 Hour Ago Go to last post
      JediTricks

      Transformers: Energon & Beyond

      Having seen a pic of Swindle with his arms away from his body, he didn't look as much a steroid abuser, so when I saw one in Target today along with the

      JediTricks 3 Hours Ago Go to last post
      The 'Xir

      Twitter! Help!!!

      NO?! NO ONE?!! No one at all?!!! It's OK.
      Twitter will soon be sold off, taken over, or just languish to under $10/share. But, You would

      The 'Xir 4 Hours Ago Go to last post
      JediTricks

      L.A. area Just Found

      Fox Hills Mall Target had a 6" Flametrooper, the 3.75" class 2 Boba Slave I, and the CW Bruticus deluxe wave.

      So, no takers on

      JediTricks 4 Hours Ago Go to last post
      Mr. JabbaJohnL

      QUESTIONS FOR HASBRO at Conventions – 2016

      They did send out straighter X-wing guns to people who wrote to customer service (which reminds me I still need to do that), so they're at least working

      Mr. JabbaJohnL 11 Hours Ago Go to last post
      Adam

      Transformers: Energon & Beyond

      There is no Classics version of Swindle.

      Adam 13 Hours Ago Go to last post
      Mad Slanted Powers

      The Force Awakens products to hit September 4

      Fred Meyer is a chain of stores that are common here in the Northwest. It is owned by Kroger now.

      Mad Slanted Powers 14 Hours Ago Go to last post
      bigbarada

      QUESTIONS FOR HASBRO at Conventions – 2016

      Did anyone ever address the issue of the rubbery wings and guns on the TFA TIE Fighter and X-Wing toys? If not:

      Many fans have expressed

      bigbarada 16 Hours Ago Go to last post
    Single Sign On provided by vBSSO