"Disney and DeSantis Settle Longstanding District Dispute"

A settlement has been reached between Disney and the Ron DeSantis-selected special district board overseeing its Florida theme park properties, ending a long legal battle just before a hotly contested shareholder vote for Disney and CEO Bob Iger. The agreement nullifies last-minute development agreements and defers court briefing of Disney's appeal, while signaling a new chapter of engagement with the district board. The settlement does not apply to federal litigation, and comes amidst a board battle with activist investor Nelson Peltz.