BURBANK, Calif.--(BUSINESS WIRE)--The Walt Disney Company (NYSE: DIS) today issued the following statement regarding its proposal for a 1 billion euro recapitalization of Euro Disney S.C.A. and its principal subsidiary:
“This recapitalization plan would improve Euro Disney Group’s financial position and enable it to continue investing in the guest experience. With this effort, we are demonstrating The Walt Disney Company’s continued confidence in Disneyland® Paris, which remains the number one tourist destination in Europe."