Disney buys Lucas for $4 billion

Under the terms of the agreement and based on the closing price of Disney stock on October 26, 2012, the transaction value is $4.05 billion, with Disney paying approximately half of the consideration in cash and issuing approximately 40 million shares at closing. The final consideration will be subject to customary post-closing balance sheet adjustments.

“Lucasfilm reflects the extraordinary passion, vision, and storytelling of its founder, George Lucas,” said Robert A. Iger, Chairman and Chief Executive Officer of The Walt Disney Company. “This transaction combines a world-class portfolio of content including Star Wars, one of the greatest family entertainment franchises of all time, with Disney’s unique and unparalleled creativity across multiple platforms, businesses, and markets to generate sustained growth and drive significant long-term value.”

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Alex Hope

Two waiters at the PlayGround nightclub at Liverpool’s Hilton were needed to carry in the giant 30-litre bottle of Armand de Brignac Midas champagne. For his party, 23-year-old financier Alex Hope also ordered 40 single bottles of Ace of Spade champagne, along with £4,000 worth of Grey Goose vodka, which he handed them out to women there last night. The total bill came to £203,948. ($326,459 USD)

Nightclub boss George Panayiotou ordered the DJ to play The Dawn of Man, the iconic anthem to the film 2001: A Space Odyssey, as the huge bottle was carried through. He was there with a few friends on a private table, but after the big bottle came in they were mobbed by about 60 gorgeous girls. Mr. Hope is well known in the financial industry as a high flyer, already hugely successful after just three years in the business and tipped by many to become one of the biggest traders in London.

One member of the hotel staff admitted, “It caused a bit of a stir. We have some of the best champagnes in the world, but nothing like that.