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In fact, Disney’s retreat suggests that the company recognized the political and legal costs had become unsustainable, especially with upcoming shareholder meetings and increased scrutiny. Disney's previous efforts to maintain its special privileges evidently failed to withstand the pressure of Florida’s government and the public’s sentiment.
Implications for Disney and Florida
This resolution is likely advantageous for Disney in the long term. It permits the company to refocus on core business activities, including expansions, new projects, and tourism development, without the cloud of legal conflict hanging overhead.