Saturday 11 February 2017

25 years of losing money

One of Europe's most popular tourist attraction, visited by millions every year, has consistently lost money since it opened 25 years ago.
Disneyland Europe, just outside Paris, makes money but is obliged to pay royalties and loans to its parent company in California, leading to losses. Disney has forced the European park to invest in infrastructure without making any capital available, leading to a reduction in the stock market value of 77% in the last 5 years. Now the minority shareholders are demanding that Disney buy them out rather than suffer any more losses.
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