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Disney sues Florida Gov. Ron DeSantis, alleges political effort to hurt its business - TL;DR CNBC

Disney sues Florida Gov. Ron DeSantis, alleges political effort to hurt its business

Publishing timestamp: 2023-04-26 15:55:46


Summary

Walt Disney Co. sued Florida Gov. Ron DeSantis, alleging he has waged a campaign against the company. The lawsuit escalates a feud over a controversial classroom bill and a development deal. DeSantis' office claims the fight is about Disney's special privileges, not political retaliation. The lawsuit argues that Disney was punished for expressing its opinion on state legislation. The conflict has raised concerns about taxes and legal battles, with potential implications for Disney's operations in Florida.


Sentiment: MIXED

Tickers: DIS

Keywords: floridabreaking news: politicsbreaking news: businessdonald trumppoliticswalt disney cobusiness newsgovernment and politicsron desantismediaentertainmentlawsuits

Source: https://www.cnbc.com/2023/04/26/disney-sues-florida-gov-ron-desantis-alleges-political-effort-to-hurt-its-business.html


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