Walt Disney Buyout Of Eurodisney A Possibility
Disney currently is a 40% shareholder of the Euro Disney park which is run by the French company Euro Disney SCA. Disney said in an official statement: “Walt Disney is encouraged by the resort’s continued financial resilience and remain deeply committed to the future growth and long-term success of this invaluable asset to the Walt Disney Company”.
Euro Disney has posted net losses in the past two years despite record ticket sales. News of the potential buyout has caused the Euro Disney stock to jump up this past week.
- Exclusive: Walt Disney Co considers buyout of struggling Disneyland Paris (business.time.com)
- Disney considers buyout of Disneyland Paris (wdwinfo.com)