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Disney agrees to settle Florida lawsuit with special district backed by DeSantis - TL;DR CNBC

Disney agrees to settle Florida lawsuit with special district backed by DeSantis

Publishing timestamp: 2024-03-27 13:36:48


Summary

Disney has agreed to end litigation in state court involving a special tourism district in Florida that it effectively controlled for over five decades. The lawsuit was related to the takeover of the district by Florida Gov. Ron DeSantis after Disney opposed the state's "Don't Say Gay" law. The settlement lifts a significant barrier to the continued development of Walt Disney World in the Orlando area and includes potential resolution of a related federal case.


Sentiment: MIXED

Tickers: DIS

Keywords: weatherlawsbusiness newsentertainmentbreaking news: businessbreaking news: politicsbusinesspoliticslawsuitswalt disney co

Source: https://www.cnbc.com/2024/03/27/disney-and-florida-settle-lawsuits-over-desantis-special-district-fight-dont-say-gay-bill.html


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