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March 14, 1994|From Times Staff and Wire Reports

Euro Disney Predicts Loss for Year: The trouble-plagued giant theme park outside Paris expects to report the loss even if a plan to restructure its $3.67-billion debt is approved by creditors and its parent, Walt Disney Co. In the company's annual report, Chairman Philippe Bourguignon said a debt restructuring could not be put in place in time to significantly cut interest costs in fiscal 1994, which ends Sept. 30. Euro Disney--the entertainment conglomerate's effort to bring Mickey Mouse to the children of Europe--has had to endure disappointing attendance, blamed in part on the lingering recession in Europe.

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