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Bob Iger Touts Florida Lawsuit Settlement At Disney Annual Meeting, Talks Of Future Investment In The State
Walt 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 today, Iger said that the settlement “will actually enable us to pursue the kinds of significant investment in our Florida […]
Walt 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. A federal judge tossed out the case earlier this year, but Disney has agreed to defer court briefing of its appeal, as negotiations continue on a new development agreement between the company and the oversight district board. According to preliminary results announced at today’s meeting, Iger beat back the efforts, led by Nelson Peltz, to install himself and a former Disney executive, Jay Rasulo, on the board.
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