UPDATE:The legal fight between The WaltDisneyCo.
andFloridaGovernorRon DeSantisis officially over.
A stipulation of dismissal was filed earlier today in a federal appellate court in Florida.
Walt Disney World’s iconic Cinderella Castle sits on the grounds of the Orlando theme parkJoe Raedle/Getty Images
Read Disneys dismissal of DeSantis lawsuit.
All parties to this appeal hereby stipulate to dismissal of the appeal with prejudice.
All parties agree to bear their own costs on appeal, according to the court filing.
A district court judge had dismissed Disneys lawsuit against DeSantis and others earlier this year.
The company then filed for an appeal, but sincereached a settlementwith the oversight district.
EARLIER:Afteryears of acrimonybetween Disney and Florida Gov.
It also sets the stage for a fifth park at the resort.
Thenew agreementcites the same monetary investment, but extends the timeframe.
One new deal point in the proposed agreement is a minimum spend on Disneys part.
There is also a promise of a minimum development of 5 major theme parks in Orlando.
It requires a final vote next week to become official.
Disney just locked down a similar revised development agreement with the City of Anaheim for Walts original park.
DubbedDisneylandForward, the multi-decade expansion plan is tabbed at $1.9 billion.
And we have a sophisticated approach to analyzing the needs of all of our businesses and strategically deploying capital.
The uptick was driven by international led by Hong KongDisneyland.Walt Disney Worldand the cruise line were solid.
