Los Angeles Times

From bailouts to boycotts, Saudi Prince Alwaleed has been a longtime friend of Disney

LOS ANGELES - Two years after opening, Walt Disney Co.'s Euro Disney theme park was bleeding money. In need of a bailout for the flagging Paris property, the company turned to an unlikely source: Prince Alwaleed bin Talal, a then up-and-coming investor and the grandson of the founding monarch of Saudi Arabia.

It was 1994, and the theme park now known as Disneyland Paris was on the verge of bankruptcy, stung by a European recession

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