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The restaurant is part of the Grand Floridian resort, with pricing starting at $295.
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The company will invest heavily into its theme park division, which it sees as its greatest growth opportunity.
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Residents raise concerns over the long-term plan.
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Terms of the settlement are confidential.
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The four people are reportedly seeking damages for emotional distress.
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The company says that it's committed to telling new stories across its theme park properties.
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The ride replaces a previous ride of the same name.
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Citing safety and performance issues, the park decided to permanently close the ride.