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UPDATE 1-Disney to buy "Star Wars" producer for $4.05 bln

* Deal is half cash, half stock

* New ``Star Wars'' movie due 2015

Oct 30 (Reuters) - Walt Disney Co said on Tuesday that it had agreed to buy film maker George Lucas's Lucasfilm Ltd and the ``Star Wars'' franchise for $4.05 billion in cash and stock.

Disney said there would be a new series of ``Star Wars'' feature films as part of the deal, with the first movie expected in 2015.

Lucas, a Hollywood icon known for exercising control over the most minute details of the fictional universe he created, will remain as a creative consultant.

Disney will pay about half the purchase price in cash and issue about 40 million shares at closing.

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