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Tuesday, October 25, 2011

Tuesday Trivia - Roy O. Disney Builds Walt Disney World

Following his brother Walt's death in December 1966, Roy O. Disney raised $400-million, and over the next five years built Walt Disney World, opening the new resort in October 1971. Through a series of convertible and common stock issues, the funds raised ensured the company was debt-free at the time the resort opened.

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