George Lucas, to Keep $2.02-B in Disney NYSE:DIS Stock
George Lucas, to Keep $2.02-B in Disney NYSE:DIS Stock
AAPL
Film maker George Lucas has no plans to sell his $2.02-B stake in Walt Disney Co., his spokeswoman said, following a regulatory filing by the company that allows the “Star Wars” creator to divest the stock at his discretion.
Mr. Lucas, 68 anni, holds 37.1-M shares of California-based Disney, a 2.1% stake, according to a registration filed Wednesday by the film, TV and theme-park company.
Disney agreed to register the stock as part of its accord to purchase the filmmaker’s Lucasfilm Ltd. The deal was completed on 21 December.
Mr. Lucas plans to donate most of the proceeds from the sale of his company to education, the Hollywood Reporter said at the time of the deal, without mentioning a specific school or group.
With the sale of his company, Lucas became the second-largest non-institutional shareholder in Disney, behind the trust of late Apple Inc. NASDAQ:AAPL co-founder Steve Jobs, who sold Pixar to Disney in Y 2006.
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Linda Johnson,
Business Development Director – Private Client Group,
Sales@Heffcap.com
Singapore
3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699
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