Last Updated: February 14, 2005 11:36am ET

GlobeSt.com UPDATE: Disney-Area Land Deal Closes

By Alex Finkelstein

ORLANDO-Two Asian business partners sell a prime 12.1-acre parcel they have owned for 10 years adjacent to the 30,000-acre theme park and Celebration for approximately $4.9 million. The mystery buyer plans to develop 250 timeshare units on the site.

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