Florida Gov. DeSantis Just Fumbled $1 Billion In Fight Against Disney

Shortly after the information broke that Disney was canceling its plans to speculate extra jobs and cash into Florida, DeSantis press secretary Jeremy Redfern shared a statement about the situation. In keeping with Redfern, the state was “not sure” that the deliberate facility in Lake Nona would ever occur. He additionally steered that Disney was in “monetary straits” and that this transfer was “unsurprising.”


“Disney introduced the opportunity of a Lake Nona campus almost two years in the past,” stated Redfern within the assertion. “Nothing ever got here of the venture, and the state was not sure whether or not it could come to fruition. Given the corporate’s monetary straits, falling market cap, and declining inventory value, it’s unsurprising that they might restructure their enterprise operations and cancel unsuccessful ventures.”

Whereas DeSantis and his workplace could also be enjoying this one cool in the intervening time, it’s unlikely they’re comfortable to see billions of {dollars} in future taxes and income, in addition to hundreds of jobs, vanish into the ether as Disney begins to reevaluate how a lot enterprise it desires to conduct in Florida going ahead.


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