Author: By Dawn Chmielewski
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Disney to nearly double parks spending to $60 billion over 10 years
(Reuters) -Walt Disney said on Tuesday it would nearly double its capital expenditure for its parks business to about $60 billion over the next 10 years. Disney CEO Bob Iger and Josh D’Amaro, the company’s parks chief, announced the accelerated pace of investment at a gathering of Wall Street analysts and investors at Walt Disney…