Hong Kong May Help Finance Disney Park
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From Bloomberg News
HONG KONG — The Hong Kong government may lend Walt Disney Co. as much as $1 billion and take a majority stake in a new theme park the Burbank-based media and entertainment giant may build in the city, a source said.
Hong Kong Chief Executive Tung Chee-hwa hopes to announce the deal in his annual policy address Oct. 6, but it could face opposition from lawmakers because it would be the first such government investment in a private enterprise.
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