There has since been a fierce power struggle between Mr DeSantis - widely seen as a potential 2024 presidential election candidate - and the company, which has long enjoyed special tax district status in Orlando.That board later endorsed a legal opinion that declared as void an agreement that laid the foundation for billions of dollars in future development of the theme park.
Florida lawmakers also passed legislation that ended Disney's virtual autonomy in developing 25,000 acres of land.Disney, however, frustrated the work of the oversight board by pushing through changes to its special tax district agreement that will limit the board's powers. Its lawsuit against Mr DeSantis says:"The company is left with no choice but to file this lawsuit to protect its cast members, guests, and local development partners from a relentless campaign to weaponize government
power against Disney in retaliation for expressing a political viewpoint unpopular with certain State officials." Chief Executive Bob Iger has called the retaliation against the company"anti-business" and"anti-Florida."
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TIME - 🏆 93. / 53 Read more »
Source: SkyNews - 🏆 35. / 67 Read more »