The Morning Dump – May 17th

Will Buffet rethink his Apple investment after the Watch sales are announced? The Morning Dump – BI

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Disney to Buy LucasFilm For 4 Billion

Disney and LucasFilm have announced a deal for George Lucas to sell LucasFilm to Disney for $4.05 billion. The deal will be half stock in Disney and half cash, Lucas owns 100% of the shares. Somehow Disney seems a fitting company to purchase LucasFilm. The press release also this tidbit “Star Wars Episode 7 is targeted for release in 2015, with more feature films expected to continue the Star Wars saga and grow the franchise well into the future” – TechCrunch