I've also booked, not going till October though. Been 7 years since I was last there, I know they've been working hard on the run up to the 25th so be interesting to see how it's looking.
Just so it's clear, Disney doesn't own 100%... they increased from 76.7% to 85.7% in ownership.In a massive breaking news, The Walt Disney Company have done a mandatory buyout of Disneyland Paris; with a proposal to restore the financial position of the resort.
Link.
Yes, but as I read it they want to get 100%:Just so it's clear, Disney doesn't own 100%... they increaced from 76.7% to 85.7% in ownership.
In connection with this transaction, EDL intends to make a voluntary tender offer for all of the Euro Disney shares not already owned by Disney subsidiaries at a cash price of €2.00 per share. If EDL and the other Disney subsidiaries acting in concert with it collectively own at least 95% of Euro Disney's common shares following completion of the voluntary tender offer, EDL will promptly proceed with a mandatory buy out and delisting of the Euro Disney shares from Euronext Paris. An indicative timetable is attached to this press release.
DLP is the largest Disney Resort outside of WDW, so I guess i'm not surprised. The problem is Paris isn't making money right now. Of course a few big projects could turn that all around and it would make the investment into fully buying-out DLP worthwhile in the long run.Yes, but as I read it they want to get 100%:
Hope we don't see more nickle and dimming due to this, but unfortunately i'm expecting it. Rumors are already circulating about ticket price increases soon.My understanding is one of the major investors, and Saudi Prince, pulled out leaving TWDC either defaulting or putting their cash in. This isn't good, fam.
My understanding is one of the major investors, and Saudi Prince, pulled out leaving TWDC either defaulting or putting their cash in. This isn't good, fam.
So what you are saying is that somewhere inside Disney, there is a discussion going about whether they can make the Millennium Falcon Ride a walkthrough?
So basically any hope for a light parade for the 50th is gone?Nah that's budgeted. More like the if they can fluff up existing entertainment and attractions for WDW's 50th.
Hope we don't see more nickle and dimming due to this, but unfortunately i'm expecting it. Rumors are already circulating about ticket price increases soon.
EDIT: I wonder if that Saudi Prince sold his DVC points... last I knew he was the largest point owner in the system with over 1,000,000.
So basically any hope for a light parade for the 50th is gone?
THANK YOU PARIS. .....coming soon.......The bottom less pit, Part two
[HASHTAG]#ThanksParis[/HASHTAG]
Hopefully the parks will get some love because they badly need it.