<P> On February 10, 2017, Disney revealed a deal to purchase Kingdom Holding Co.'s shares of Euro Disney S.C.A. as first step in purchasing the remaining shares held by others . Disney has offered about $2.12 a share, a 67% premium over the Euronext Paris Stock Exchange value as of February 9 . The company expects the buyout and delisting to be finished by June . Plans are for the company to invest another $1.4 billion into Disneyland Paris after the buyout to counteract the recent Paris terrorist attack, which hurt a previous 2014 park hotel investment . If this buyout is successful, it would make the resort the only resort 100% owned and operated by Disney outside of the United States of America . On June 13, 2017, The Walt Disney Company reached the 95% threshold required for a mandatory takeover according to French law, owning 97.08% of Euro Disney S.C.A., paving the way for The Walt Disney Company to become the sole owner and operator of Disneyland Paris . </P> <P> As part of The Walt Disney Company's March 2018 strategic reorganization, Walt Disney Parks and Resorts merged with Disney Consumer Products and Interactive Media segments into Walt Disney Parks, Experiences and Consumer Products . Parks and Resorts chairman Bob Chapek was named chairman of this new segment, who also previously served as head of Disney Consumer Products . </P> <P> Disneyland was founded as a single park by Walt Disney and opened on July 17, 1955, in Anaheim, California . Disneyland Hotel opened to the public on October 5, 1955 . In 2001, the site expanded significantly and was renamed the Disneyland Resort with the opening of Disney California Adventure Park on February 8, 2001, Disney's Grand Californian Hotel & Spa on January 2, 2001, Disney's Paradise Pier Hotel on December 15, 2000, and Downtown Disney on January 12, 2001 . Disneyland was rebranded Disneyland Park to distinguish it from the larger resort complex . The resort focuses on Mickey Mouse and other Disney characters and occupies 500 acres (2.0 km). </P> <P> The Walt Disney World Resort opened October 1, 1971, in Lake Buena Vista, Florida, with the Magic Kingdom theme park and three resort hotels . It expanded with the opening of Epcot in 1982, Disney - MGM Studios (now Disney's Hollywood Studios) and Disney's Typhoon Lagoon in 1989, Disney's Blizzard Beach in 1995, Disney's Animal Kingdom in 1998, Disney Springs retail, dining, and entertainment complex, eight golf courses, and 18 new resort hotels . The resort is the largest (by area) and most - visited vacation resort in the world, with four theme parks, two water parks, a shopping, dining, and entertainment complex, 21 resort hotels, eight golf courses, and several additional recreational activities, and covers 27,258 acres of land . It is the flagship of the worldwide Disney parks and resorts . </P>

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