What Would Walt Do? - The 1984 Disney Hostile Takeover Attempt Part 1

In December of 1966 Walt Disney passed away, leaving Walt Disney Productions stunned and with one question: What now? "What Would Walt Do?" was a mantra that guided Walt Disney Productions through the following 24 years, but it was also the question that set them up as the targets of a hostile takeover attempt in one of their most tumultuous years ever: 1984.

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Sources
Taylor, John. Storming the Magic Kingdom: Wall Street, The Raiders, and the Battle for Disney. Ballantine Books, 1988.
Stewart, James B. Disney WarW. Simon & Schuster Paperbacks, 2006.
“Arvida being cut loose”, Fort Lauderdale News, 19 Dec 1983, p9
“Management buys back Arvida”, The Miami Herald, 28 Oct 1983, p E1
“They called in the Texans, risked every cent, then won”, The Miami Herald, 28 Nov 1983, p7
“Pennsy Railroad Buys Arvida”, The Miami Herald, 27 Jul 1965, p1
“A Banker, A Railroad Alter Arvida’s Course”, The Miami Herald, 24 Oct 1965, p10B
“25th year will mean challenge”, The Miami Herald, 06 Jan 1984, p2BE
“Disney acquires Arvida for $200 million in stock”, South Florida Sun Sentinel, 18 May 1984, p1
“Arvida has growing Central Florida stake”, The Orlando Sentinel, 18 May 1984, pA9
“Disney plans to buy big development firm”, The Orlando Sentinel, 18 May 1984, pA1
“A new owner, but same old history for Arvida”, South Florida Sun Sentinel, 04 May 1987, p8
“St. Joe and Arvida: Putting the pieces together”, The Palm Beach Post, 03 May 1998, p1F
“Turbulent history makes way for solid future”, The Palm Beach Post, 03 May 1998, p1F
“Chief executive at Walt Disney resigns”, The Journal Herald, 08 Sep 1984, p12
“Disney takeover threat ends”, The Dispatch (Moline, Illinois), 05 Oct 1984, p30

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