Bob Iger Touts Florida Lawsuit Settlement At Disney Annual Meeting, Talks Of Future Investment In The State
deadline.comWalt Disney Co. CEO Bob Iger touted as a “win-win” the recent settlement of litigation with the Ron DeSantis-appointed special district board that oversees the company’s Florida theme park properties.
At the company shareholders meeting Wedenesday, Iger said that the settlement “will actually enable us to pursue the kinds of significant investment in our Florida parks.” During a long battle with DeSantis, Iger had previously raised some doubts about the company’s continued investments in its Florida properties.
Iger also said that the investments will support “thousands of direct and indirect jobs and economic opportunity” in the state.
Last week, the board of the Central Florida Tourism Oversight District approved a settlement with the company. Disney agreed to set aside a set of development agreements it entered into with the special district in the final weeks before DeSantis’ allies took control.
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