“Florida Gov. Ron DeSantis signed a bill Friday terminating the Walt Disney Company’s special tax district that allows it to operate as a largely autonomous entity.”
“In March 2021, Disney was trading at nearly $200 a share; as of April 21, 2022 market close, the stock was at $120”
“The Florida House of Representatives on Thursday gave final passage to a bill that would dissolve Walt Disney World’s private government, handing Republican Gov. Ron DeSantis a victory in his feud with the entertainment giant over its opposition to the new Parental Rights in Education law.”
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