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WALT DISNEY READY TO OPEN THE VAULTS TO RENOVATE THE BIG A

     Walt Disney Co. is reportedly prepared to spend close to
$70M to renovate Anaheim Stadium "if it can finalize a deal with
the city of Anaheim to fund the remaining" $30M, according to
Fisher & Himmelberg of the ORANGE COUNTY REGISTER.  The Anaheim
City Council meets today in a special session to discuss "and
possibly vote" on the proposal -- the "final step" in Disney's
purchase of a controlling share of the Angels.  Derek Irwin, AL
Financial Manager, said $70M would be the "most significant
contribution by an American League baseball team owner toward a
stadium project in the last five years" (ORANGE COUNTY REGISTER,
2/28).
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