Disney has told investors that attempts by the state of Florida to repeal the company’s ability to operate a private government in the state are unlawful, in a move that could thwart Florida’s retaliation against Disney’s opposition to a “don’t say gay” law.
Ron DeSantis, Florida’s governor, has pushed legislation that would eliminate the Disney-operated Reedy Creek Improvement district, a move which would have huge financial implications for the company.