Walt Disney Company Purchases Control of Disneyland Paris

Disneyland Paris to Remain Closed Through November 17, 2015

The Walt Disney Company has purchased over 97% of shares for Euro Disney SCA, the holding company that owns Disneyland Paris Resort. This follows an offer made earlier this year by Disney to purchase outstanding shares for the company at €2 a share. Originally Disney had targeted purchasing 95%. This would allow Disney to take the stock from public trading. With this goal exceeded, Disney can remove stock from trading and take the company private.

The Disneyland Paris Resort has had disappointing numbers throughout its history. With this new arrangement, Disney will be able to choose how and where it invests in this resort. This could lead to new attractions and experiences.  Disney can also use the Star Wars and Marvel franchises at the resort. This could lead to lots of possibilities for attractions and experiences with these franchises.

Disneyland Paris Resort now becomes the first overseas Disney Theme Park to be wholly owned by the Walt Disney Company. Hong Kong Disneyland and Shanghai Disney Resort are both jointly owned with local governments. Tokyo Disney Resort is owned by the Oriental Land Company.

Disneyland Paris Resort is just East of Paris, France and is the most visited tourist destination in Europe. With the Walt Disney Company now owning the Disneyland Paris Resort, what would you like to see happen there next?

 

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Mr. DAPs

Mr. DAPs

Hi, I'm Mr. DAPs, the Founder, and Editor in Chief of DAPS MAGIC! I can be regularly found at Disneyland with my hat and bow tie taking pictures and simply enjoying the Happiest Place on Earth. I'm also the weekly host of GEEKS CORNER and your Disney reporter for DISNEY REPORTER on DAPS MAGIC's YouTube channel. I am also now honored to announced that I'm a Brand Ambassador with Her Universe! Find me on Twitter and Instagram. as I'd love to connect with you. Make sure and say hi!

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