Florida plans to reverse move that stripped Disney of self governing status- FT

(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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