Disney Asks Federal Court To Dismiss Lawsuit Against DeSantis

Mickey Mouse entertains visitors on the opening day of the Disney Resort in Shanghai, China, Thursday, June 16, 2016. Walt Disney Co. opened its first theme park in mainland China on Thursday at a ceremony that mixed speeches by Communist Party officials, a Chinese children's choir and actors dressed as Sleeping Beauty and other Disney characters. (AP Photo/Ng Han Guan)

Disney and Florida Gov. Ron DeSantis have reached an agreement that promises to transform the future of Walt Disney World.

According to June 17 report published from The Associated Press, Disney has asked a federal appellate court to dismiss its lawsuit against the Florida governor, after agreeing to a significant investment plan for the development of the famous theme park.

The agreement, recently approved, commits Disney to investing $17 billion over the next 15 years.