Community | June 30, 2009 | 0 comments

Disney to boost HK park with $465M expansion

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karthikmns
The Walt Disney Co. and Hong Kong have reached a deal to expand the territory's Disneyland at a cost of about $465 million in hopes of boosting the theme park's fortunes, officials announced Tuesday.
The deal will see the American entertainment giant invest new capital - some 3.5 billion Hong Kong dollars ($450 million) - to pay construction and operation costs during the building phases.
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