Article: Euro Disney launches euro253 million issue in bid to revive fortunes


AP Worldstream
01-22-2005
Dateline: PARIS
Disneyland Paris may be Europe's most visited tourist attraction, but its operator Euro Disney SCA still has work to do to make the Disney theme park concept profitable on this side of the Atlantic.

Euro Disney boss Andre Lacroix is hoping the euro253 million (US$328 million) capital increase announced Friday will help to spark a turnaround at the company, amid signs that the tourism industry is emerging from three years of gloom.

Most of the cash will be spent on four new attractions designed to bring more visitors to the Disneyland and Walt Disney Studios parks outside Paris, spokesman Pieter Boterman said, starting with Space Mountain Mission Two ...

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