In Europe, even Mickey Mouse is getting a bailout.
The Disney resort on the outskirts of Paris is getting a financial lifeline from owner Walt Disney Co. to handle rising debt and a decline in visitors at a time of economic uncertainty in Europe.
The $1.3-billion lifeline will see the park's California masters take control of Euro Disney, which runs Disneyland Paris and Walt Disney Studios Park. Until now, the U.S. company owned only 40% of the theme park operator, alongside Saudi Prince Waleed bin Talal and a host of European small investors who originally paid 11 euros a share for their piece of the Disney dream.
The shares have traded under five euros for most of...