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More Holes In Disney's Bag Of Tricks


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MORE HOLES IN DISNEY'S BAG OF TRICKS

Amusement parks are fun, right? Not for Walt Disney. In Paris, talks to restructure $2.4 billion worth of debt for Disney's 49% owned EuroDisney resort and theme park were threatened when angry bondholders demanded representation at the talks. The venture also posted a quarterly loss of $93.5 million. And in Virginia, where Disney plans a $600 million historic theme park, state lawmakers withdrew legislation to give Prince William County borrowing authority to pay for $50 million worth of water and sewer-line improvements. That could force Disney to foot the bill. Disney didn't comment on Virginia but said Paris talks should continue.EDITED BY KEITH H. HAMMONDS


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