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COMPANY TOWN ANNEX

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From Times Staff and Wire Reports

Euro Disney to Cut Prices: Although the company said the number of visitors to the Euro Disney theme park outside Paris--battered by two years of losses and poor attendance--has risen this year, it has announced plans to cut admission prices next spring. It also said Saudi Prince Al Waleed ibn Talal ibn Abdulaziz al Saud, a major stockholder, has agreed to reduce his stake in a way that will not hurt the value of the company’s shares. Euro Disney said it will cut prices in the peak season to $36 per adult from the current $41.50 to $46.

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