Disney and Florida Settle, Approve $17 Billion Expansion Plan Following Legal Dispute
Disney and Florida Settle, Approve $17 Billion Expansion Plan Following Legal Dispute

Disney and Florida Settle, Approve $17 Billion Expansion Plan Following Legal Dispute

News summary

Disney has officially ended its legal battle with Florida Governor Ron DeSantis, dropping its First Amendment lawsuit after a prolonged dispute over the state's 'Don't Say Gay' law. The conflict, which began in 2022, saw DeSantis stripping Disney of its self-governing district, leading to a series of retaliatory actions and counter-lawsuits. Both parties have now reached a settlement, approving a $17 billion, 15-year expansion plan for Disney World in Orlando. This agreement allows Disney to build a fifth theme park, expand retail and hotel offerings, and invest heavily in local businesses and affordable housing. The resolution marks a significant shift in their relationship, potentially reversing previous economic downturns linked to the feud.

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Last Updated
165 days ago
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