No more Disney boycotts? DIS signs massive $17 billion deal
Disney(DIS) Finbold·2024-06-06 08:31
In what seems like an end to a legal fight between Florida’s Republican Governor Ron DeSantis and Walt Disney (NYSE: DIS), the famous entertainment company is set to invest around $17 billion in building its 5th theme park in Florida.Disney has agreed to donate up to 100 acres of its Disney World property for district-managed infrastructure projects, award at least half its construction contracts to Florida-based companies, and spend at least $10 million on affordable housing in central Everglade State.This ...