Florida Governor Ron DeSantis has signed a bill that nullifies the development agreements made by Disney shortly before the governor appointed a new board of supervisors to oversee the company’s Orlando parks. The development deals have become the latest point of contention in a year-long battle between Disney, one of Florida’s largest employers, and DeSantis, a Republican who is expected to run for president in 2024. The governor’s office confirmed the signing of the bill in a press release that did not contain any additional information or comments on the legislation. The bill, which was passed by the state’s Republican-majority Legislature just a day earlier, follows a decision by DeSantis’ board members to invalidate the agreements, claiming they were made unlawfully. Disney maintains that the contracts were created to…
2023-05-05 15:51:39
Post from www.cnbc.com
