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Florida plans to reverse move that stripped Disney of self governing status- FT
2022.12.02 00:56
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© Reuters. FILE PHOTO: People gather ahead of the “Festival of Fantasy” parade at the Walt Disney World Magic Kingdom theme park in Orlando, Florida, U.S. July 30, 2022. REUTERS/Octavio Jones/File Photo
(Reuters) – Florida lawmakers are planning to reverse a move that would strip Walt Disney (NYSE:) Co. of its right to operate a private government around its theme parks, the Financial Times reported on Friday, citing people briefed on the plan.
The lawmakers in April gave approval to a bill ending Disney’s designation as a self-governing entity in an apparent response to its opposition to a new state law limiting the teaching of LGBTQ issues in schools.
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