Disney intensifies fight against DeSantis in Florida.

1 min read
Source: Yahoo Finance
TL;DR Summary

Disney has signed an agreement that allows it to set its own utility rates at its Orlando-based theme parks through 2032, despite Florida Governor Ron DeSantis' attempts to thwart the company's plans. DeSantis has announced new legislation that would require Disney to adhere to further inspections of its theme parks and suggested the board should consider raising taxes on the company. Disney, which is preparing for layoffs, has faced criticism from the board over its lack of affordable housing and said it will break ground next year on a previously announced affordable housing development just a few miles away from the Magic Kingdom.

Share this article

Reading Insights

Total Reads

0

Unique Readers

21

Time Saved

4 min

vs 5 min read

Condensed

88%

844103 words

Want the full story? Read the original article

Read on Yahoo Finance