That Disney Lucasfilm purchase? It just got government approval

Contributed by
Jan 14, 2013, 2:52 PM EST

Though the massive Disney move to purchase Lucasfilm announced back in October sounded like a done deal at the time, there was one final official hurdle it had to clear even after the announcement was made: federal antitrust regulations.

Well, just in case you were holding out hope that the deal would fall through (or, on the other hand, worried that it would somehow crumble), it got the government seal of approval this week. Antitrust regulators issued a notice clearing the purchase on Tuesday.

Just in case you've been under a rock for the past two and a half months, here's the skinny: The Walt Disney Company bought Lucasfilm from its sole owner, Star Wars creator George Lucas, for a little more than $4 billion. About half of that amount will come to Lucas in cash, while the other half will be shares of Disney stock. Lucas is likely to give a big chunk of that to charity, though he hasn't said how much.

Even before the deal got federal approval, Disney was already rolling out big plans for future Star Wars flicks, including one slated to hit theaters in 2015, so they clearly had no doubt that the deal would pass muster. Still, it was a legal hoop the two companies had to jump through, and they cleared it, so now it's full steam ahead for the future of Star Wars at Disney, whether you like it or not.

(Via AP)