The Walt Disney Co. has remained publicly silent, but a letter to investors shows they're not going down without a fight.
WEST PALM BEACH, Fla. — The Walt Disney Co. has remained publicly silent since Florida Gov. Ron DeSantis signed a law last week dissolving the Reedy Creek Improvement District, but a letter to investors shows they're not going down without a fight.
The law, which DeSantis signed in a special legislative session, would end any independent special district the Legislature established before Nov. 5, 1968. The Reedy Creek Improvement District was established in 1967. In the document acquired by WESH 2 in Orlando, Reedy Creek officials reminded investors that Florida has pledged to fulfill the terms of any agreement made with bond holders.
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