Matsushita Says Goodbye To Yosemite
MCA's sale of its Yosemite National Park concession subsidiary heralds a major reform of commercial operations in the national park system. Newly acquired by Japan's Matsushita, MCA agreed on Jan. 8 to sell its Yosemite assets at a below-market price of $49.5 million to a foundation that will turn them over to the National Park Service.
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