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Los Angeles Times
Los Angeles Times
Business
Ryan Faughnder

Iger says he won't sell Disney to Apple in his first town hall after CEO shake-up

Walt Disney Co.'s returning Chief Executive Bob Iger threw cold water on the idea of selling the company to Apple — or acquiring other major companies — during his highly anticipated Monday town hall for employees, according to attendees who were not authorized to comment.

During a Q&A session with "ABC7 Eyewitness News" co-anchor Leslie Sykes, Iger also stressed the need to make Disney+ profitable and signaled that cost-management measures, including a hiring freeze and travel restrictions, would remain in place — even though they were started by his ousted predecessor, Bob Chapek.

He also addressed the controversy over Florida's so-called "Don't Say Gay" law and the planned relocation of 2,000 employees to the Sunshine State.

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