A Saudi Arabian wealth fund revealed in a SEC filing how they’ve been pursuing the purchase of U.S. investments. The Securities and Exchange Commission showed how Saudi Arabia’s Pubic Investment Fund recently purchased more than 5 million shares of stock in the Walt Disney Company for under $500 million. To put it in perspective, even […]
Tag: stocks
Disney theme parks around the world have been closed for months. Shanghai Disneyland recently broke the theme park stand-still by re-opening, but Disney has not yet announced when the rest of the parks will re-open. Shanghai Disneyland In the wake of the closures, The Walt Disney Company furloughed employees and has been taking on debt […]