Let’s open up the business section of our little home on the web. Below please find the full press release from the company website regarding the acquisition of 21st Century Fox by the Walt Disney Company.
The Press Release:
The Walt Disney Company (NYSE:DIS) and Twenty-First Century Fox, Inc. (“21CF”) (NASDAQ: TFCFA, TFCF), in connection with Disney’s acquisition of 21CF (the “Acquisition”), announced today that the per share value of the Merger Consideration (as defined below) has been calculated in accordance with the Merger Agreement (as defined below) to be $51.572626 (the “Per Share Value”. See footnote1). The Acquisition will become effective at 12:02 a.m. Eastern Time tomorrow, March 20, 2019.
At the effective time of the Acquisition, each share of 21CF common stock will be exchanged for $51.572626 in cash (the “Cash Consideration”) or 0.4517 shares of common stock of TWDC Holdco 613 Corp., the holding company that will own both Disney and 21CF following the Acquisition (“New Disney”) (the “Stock Consideration”, and together with the Cash Consideration, the ”Merger Consideration”), subject to election, proration and adjustment procedures set forth in the Amended and Restated Agreement and Plan of Merger(the “Merger Agreement”), dated as of June 20, 2018, by and among 21CF, Disney, New Disney, and certain of Disney’s other subsidiaries. The number of shares of New Disney common stock comprising the Stock Consideration was determined by dividing the Per Share Value by $114.1801, which was the volume weighted average trading price of a share of Disney common stock on the New York Stock Exchange over the fifteen consecutive trading day period ending on (and including) March 15, 2019.
“This is an extraordinary and historic moment for us—one that will create significant long-term value for our company and our shareholders,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “Combining Disney’s and 21st Century Fox’s wealth of creative content and proven talent creates the preeminent global entertainment company, well positioned to lead in an incredibly dynamic and transformative era.” Continue reading Acquisition Complete: The Walt Disney Company Now Owns 21st Century Fox→
It was just over five months ago when I shared the teaser trailer for the upcoming “Toy Story 4” motion picture (seen HERE in case you missed it). Now as Spring becomes a reality, its time to share the first full official trailer with the masses. Take a look down below and then check out the premise, cast along with the theatrical release poster.
Plot: Woody has always been confident about his place in the world, and that his priority is taking care of his kid, whether that is Bonnie or Andy, but when Bonnie adds a reluctant new toy called “Forky” to her bedroom, a road trip adventure alongside old and new friends will show Woody how big the world can be for a toy. Continue reading Disney Pixar’s “Toy Story 4” Official Trailer→
The Independent Rock Duo The Black Keys have just confirmed an expansive tour and if you’re a fan of the guys you are going to want to read this press release that we received not too long ago here at the Media Command HQ. Take a look.
The Press Release:
This morning, The Black Keys confirm their extensive, thirty-one-date arena tour of North America. The “Let’s Rock” Tour will hit cities including Chicago, Nashville, New York, Los Angeles, and Austin (full dates below). Special guests Modest Mouse will provide support on all dates, and Shannon & The Clams, *repeat repeat, and Jessy Wilson will each open select shows on the tour. Tickets for all dates go on sale to the general public beginning Friday, March 22 at 10 AM local time here.
The 31-city outing will kick off September 23 in Denver, CO and will make stops in Chicago, Nashville, Atlanta, Austin, Los Angeles and more before wrapping November 24 in Vancouver, BC.
To ensure tickets get in to the hands of fans and not scalpers or bots, the tour has partnered with Ticketmaster’s Verified Fan® platform. Fans can register now through Sunday, March 17 at 10pm EST HERE for the Verified Fan presale. Registered fans who receive a code will have access to purchase tickets before the general public on Tuesday, March 19 at 10am local time through Thursday, March 21 at 10pm local time. Continue reading The Black Keys Announce “31” Date North American Tour→
As you know, we post a LOT of film content here on “The Chronicles” and sometimes I will defer you to my PiercingMetal.com website while at other times will do the same post. Today we use the same post with a little creative editing because this kind of film is just too good for web traffic which is always something we want happening. Here we go with the thoughts that I ran over there a short time ago. Good morning my friends, as you read this, the recently opened “Captain Marvel” film has achieved a worldwide box office take of $524 million dollars. As you know, the character is going to be a pivotal component in the next chapter which happens during “Avengers: Endgame” which makes me stoked to have found a brand-new trailer being revealed only minutes ago. Let’s take a look but put the coffee down before you watch. Trust me. After this you can enjoy the expansive cast, revealed premise and the Official Theatrical poster.
Back in February, the world got a fair to midland glimpse of the upcoming “Aladdin” film with this “SPECIAL LOOK” clip (seen by clicking the text). Today, with a little over two months to go before the release of the film, those fine folks at Disney have released the first Official Trailer for the film. Let’s take look down below. Afterwards you can peruse the premise, casting and see the colorful Theatrical Poster which is already at hand to enjoy.