Florida set to strip Disney of self-governing status in dispute over LGBTQ law

Florida lawmakers gave legislative approval on Thursday to a bill stripping Walt Disney Co (DIS.N) of its designation as a self-governing entity in an apparent response to its opposition to a new state law limiting discussion of LGBTQ issues in schools.

Approval from Governor Ron DeSantis, a potential 2024 Republican presidential nominee who fiercely backs the ban on classroom instruction on sexual orientation and gender identity for children under age 9, is the final step to the bill's enactment.

Disney came under fire last month by many in the LGBTQ community and...