8-K 1 d8k.txt FORM 8-K DATED JULY 23, 2001 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): July 23, 2001 ----------- THE WALT DISNEY COMPANY (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) DELAWARE (STATE OF JURISDICTION OF INCORPORATION) 1-11605 95-4545390 (COMMISSION FILE NUMBER) (IRS EMPLOYER IDENTIFICATION NO.) 500 South Buena Vista Street, Burbank, California 91521 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) (818) 560-1000 (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE) Not applicable (FORMER NAME OR ADDRESS, IF CHANGED SINCE LAST REPORT) Item 5. Other Events. On July 23, 2001, the Registrant announced that it was acquiring 100% of the common stock of Fox Family Worldwide Inc. from Fox Broadcasting Sub, Inc., certain other subsidiaries of The News Corporation Limited, Haim Saban and Allen & Company Incorporated. The purchase price will be $5.3 billion, consisting of approximately $3.0 billion in cash and the assumption or repayment of approximately $2.3 billion in debt. The Fox Family Worldwide businesses consist of the Fox Family Channel, a 76% interest in Fox Kids Europe, the Fox Kids channels in Latin America, and the Saban programming library and production business. The closing is conditioned upon, among other things, the transaction receiving approval from the applicable domestic and foreign anti-trust and securities regulatory agencies. Item 7. Financial Statements and Exhibits Exhibit 99 -- Press Release dated July 23, 2001. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. THE WALT DISNEY COMPANY By: /s/ David K. Thompson -------------------------- David K. Thompson Senior Vice President Assistant General Counsel Dated: July 30, 2001