Disney has acquired Lucasfilm for $4.05 billion in a deal that would give Disney control of the “Star Wars” franchise. Disney also announced plans for a seventh Star Wars film to be released in 2015. The agreement continues Disney chief executive Bob Iger’s strategy of growing the media giant through huge acquisitions that give it key pieces of intellectual property, such as Marvel Entertainment and Pixar Animation, reports The Los Angeles Times.

Disney has acquired Lucasfilm for $4.05 billion in a deal that would give Disney control of the “Star Wars” franchise. Disney also announced plans for a seventh Star Wars film to be released in 2015. The agreement continues Disney chief executive Bob Iger’s strategy of growing the media giant through huge acquisitions that give it key pieces of intellectual property, such as Marvel Entertainment and Pixar Animation, reports The Los Angeles Times.

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