Bye-bye Shareholder's Club (probably) - PassPorter - A Community of Walt Disney World, Disneyland, Disney Cruise Line, and General Travel Forums
PassPorter.com
Award-winning travel guidebooks

   guidebooks   |   news   |   podcasts   |   boards   |   blog   |   worksheets   |   photos   |   articles   |   updates   |   register   |   follow us on


Go Back   PassPorter - A Community of Walt Disney World, Disneyland, Disney Cruise Line, and General Travel Forums > PassPorter's Disneyland Resort Paris > DLP: Planning Your Disneyland Paris Adventure
Register


Welcome! We're happy you've found the PassPorter Community -- the friendliest place to plan your vacation to Walt Disney World, Disney Cruise Line, Disneyland, and the world in general! You are now viewing the PassPorter Message Board Community as a guest, which gives you limited access. As our guest, feel free to browse our messages by selecting the forum you want to visit from the list below.

To post messages and ask questions, join our FREE community today and you'll get access to tools and resources not available to guests, such as our vacation countown timers, "living" avatars, private messaging system, database searches, downloads, and a special PassPorter discount code. Registration is fast, simple, and completely free. Just click the Join Our Community link.

If you think you've already joined, log in below now. If you don't remember your member name or password, please visit our Member Name and Password Recovery page. You are also welcome to contact us.

Reply
 
Thread Tools Display Modes
Old 02-13-2017, 08:22 AM   #1
Silvercat
Community Rank: Adventurer
 
Silvercat's Avatar
 
Join Date: Aug 2009
Location: Birmingham, UK
Concierge Level: 7
Posts: 819

Post Thanks / Like
Bye-bye Shareholder's Club (probably)

So The Walt Disney Company are finally buying up DLRP shares then. They already own 76.7% of Euro Disney, and are going to buy 9% of HRH Prince Alwaleed's stake (currently 10%), taking them up to 85.7% ownership.

Then they make a voluntary cash offer to all remaining corporate and individual shareholders, and if they then own over 95% of the company, they will mandatorily buy out the rest of the shareholders and de-list the company. It is highly probable that this will happen.

Good news for DLRP in that money will be spent on redevelopment and some debt will be written off, so the resort will finally start to break even and maybe even make some money.

Bad news for us tiny, individual shareholders, who will lose all our privileges, such as 10% off purchase in the Disney Store UK, 10% off food and drink whilst in DLRP, cheaper room and ticket bookings, and the icing on the cake - Salon Mickey, a tiny and exclusive club where we can chill out daily, enjoy complimentary refreshments, and just get away from the crowds for a little while. (I'll also lose a small amount of money, as the mandatory buy-out price is well below what I paid for the shares in the first place - however, I didn't buy them to make money, knowing the share price wouldn't ever rise to giddy heights). Selfish, I know, but I loved being a shareholder and feeling like I was part of the magic.
__________________
Silvercat

(Enjoy reading trip reports? Why not try my books, "Tiggerific Travels Parts 1, 2 & 3" - available now as e-books)

My Countdown Counting down to: A triumvirate of firsts 2017!
223 days, 9 hours, 50 minutes
My PassPorter Bookshelf
My Previous TripsWDW : October 1989, 1991, 1996, 1997, December 1999, October 2000, November 2001, October 2007, December 2008, May 2010; November 2011; October 2012; November 2013; November 2014; November 2015; October 2017. DLP : 1992, 1995, 1998, 2002, 2006, 2009, 2014, 2015, 2017. DL : 2014. HKDL & TDL : 2016 DCL : October 2017
Silvercat is offline  
 
Reply With Quote
Old 02-13-2017, 01:01 PM   #2
chezp
PassPorter Message Board Manager
PassPorter Guide Author

Community Rank:
Legend VIP
 
chezp's Avatar
 
Join Date: Jun 2002
Location: Maidstone, Kent, UK
Concierge Level: 3
Posts: 179,433

Post Thanks / Like
Shame about the DLP discounts going, but aren't you DVC Members? If you are, you still get 10% off purchases in the Disney Store over here.
__________________

Remembering our friend Bill together at the BoardWalk sunset meet as part of our Bagman Days trip, which is now into the WDW portion.

I'm Cheryl and I'm the author of PassPorter's Walt Disney World for British Holidaymakers and PassPorter's Disney Vacation Club Guide I'm a PassPorter guide for the Disney Vacation Club, Eateries, Globetrotting, Globetrotting Trip Reports, Disneyland Resort Paris and Disneyland Trip Reports forums.
My Countdown Counting down to: Heading back to Disney!
3 days, 8 hours, 0 minutes
My PassPorter Bookshelf
My Previous Trips19 trips to WDW, 6 to Disneyland in California, 8 to Disneyland Paris, 1 to Hong Kong Disneyland, 1 to Tokyo Disney, 1 to Aulani, 1 to Hilton Head, 2 to Vero Beach and 9 Disney cruises on the Magic, Wonder, Dream and Fantasy
chezp is offline  
 
Reply With Quote
Old 02-13-2017, 05:12 PM   #3
Cam22
Batman's Gal/Mickey's Pal
PassPorter's Club Passholder


What's this?

PassPorter Guide

Community Rank:
Legend VIP
 
Cam22's Avatar
 
Join Date: May 2004
Location: Owensboro, KY USA
Concierge Level: 6
Posts: 87,581

Post Thanks / Like
I thought about you when I read about this in the news. So sorry!
__________________
My PassPorter Bookshelf
My Previous TripsAKL Kidani May 2016 -- Polynesian Village Resort May 2015 -- OKW/Magic December 2014 -- AKL Jambo House October 2014 -- VWL May 2014--SSR October 2013--AKL/Kidani June 2013--CBR October 2012--BWI June 2012--AKV Jambo House/Kidani Village June 2011 -- November 2010 Beach Club -- June 2010 Beach Club -- October 2009 CBR and Gaylord Palms -- June 2009 AKV/Kidani Village -- June 2008 VWL --June 2007 OKW--June 2006 Disney Wonder/SSR -- June 2005 SSR -- June 2004 VWL -- June 2003 AKL -- August 1997 Off Property -- March 1980 Cocoa Beach
Cam22 is offline  
 
Reply With Quote
Old 02-14-2017, 07:29 AM   #4
Silvercat
Community Rank: Adventurer
 
Silvercat's Avatar
 
Join Date: Aug 2009
Location: Birmingham, UK
Concierge Level: 7
Posts: 819

Post Thanks / Like
Quote:
Originally Posted by chezp View Post
Shame about the DLP discounts going, but aren't you DVC Members? If you are, you still get 10% off purchases in the Disney Store over here.
No, we're not. We seriously considered it when I got my divorce settlement a few years ago, but the annual dues put me off somewhat. Plus at the time, I had no idea we would turn into almost every year visitors!

Quote:
Originally Posted by Cam22 View Post
I thought about you when I read about this in the news. So sorry!
Ah, thank you. I guess it's not the end of the world. Word on the street at the moment is that even if the mandatory buy-out takes place, we may still be able to use the Shareholders' card until our membership runs out. The membership used to be bi-annual, but last year they changed that so that membership now runs for 5 years from renewal - we now think that was a precursor to the buyout, as a sweetener.

Also, I was talking to DH about it last night, and we realised that although I will lose capital on the initial purchase, we actually saved enough in our first 3 trips to DLRP to cover the cost of the shares in the first place, so all in all I will have been financially better off having owned the shares for the last 5 years.
__________________
Silvercat

(Enjoy reading trip reports? Why not try my books, "Tiggerific Travels Parts 1, 2 & 3" - available now as e-books)

My Countdown Counting down to: A triumvirate of firsts 2017!
223 days, 9 hours, 50 minutes
My PassPorter Bookshelf
My Previous TripsWDW : October 1989, 1991, 1996, 1997, December 1999, October 2000, November 2001, October 2007, December 2008, May 2010; November 2011; October 2012; November 2013; November 2014; November 2015; October 2017. DLP : 1992, 1995, 1998, 2002, 2006, 2009, 2014, 2015, 2017. DL : 2014. HKDL & TDL : 2016 DCL : October 2017
Silvercat is offline  
 
Reply With Quote
Reply



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Today's WDC shareholder meeting sakana Going Behind the Scenes: Trivia, News, and Rumors at Walt Disney World 3 03-13-2015 08:59 AM
Going to the Walt Disney Company shareholder meeting? sakana Going Behind the Scenes: Trivia, News, and Rumors at Walt Disney World 2 02-09-2015 05:38 PM
Board Walk Inn Deluxe Club VS Beach Club Garden view Club Level chimo2u Staying in Style: The Resorts/Hotels at Walt Disney World 9 08-28-2010 03:26 PM
Disney's Annual Shareholder Meeting comes to Hartford!!! Belle* The Sunroom: Fun, Games, and Chat 5 01-27-2002 12:29 AM
Shareholder perks? Bozrah_Disney_Fan Making More Magic: Everything Else at Walt Disney World! 4 07-25-2001 12:26 AM












Please login or register to hide these ads -- it's free and easy!

All times are GMT -5. The time now is 10:39 PM.

-->

Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Feedback Buttons provided by Advanced Post Thanks / Like v3.4.0 Patch Level 1 (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.
(c) 1998-2017 PassPorter Travel Press/MediaMarx, Inc.
Celebrating 19 Years of Making Dreams Come True
Ad Management plugin by RedTyger