The Electric Commentary

Thursday, January 27, 2005

Did this really happen?

From Marginal Revolution:

The French government has just finished helping Walt Disney Co. bail out Euro Disney SCA, the operator of two Disney theme parks outside Paris. A state-owned bank is contributing around $500 million in investments and local concessions to save Euro Disney from bankruptcy. This comes after 17 years during which French leaders have spent hundreds of millions of dollars and countless hours to ensure that the land of Money could keep Mickey Mouse.


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