Disney, Fox deny claims in $1 billion Malaysia theme park lawsuit
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(Reuters) - Walt Disney Co and Twenty-First Century Fox Inc on Tuesday rejected claims in a Malaysia casino operator's lawsuit accusing them of abandoning a licensing contract tied to the planned construction of a Fox-branded theme park.Disney and Fox said Genting Malaysia Bhd's respective claims against them were "without merit."Genting shares fell 16.7 percent on Tuesday, a day after the Kuala Lumpur-based company sued the American media and entertainment companies in Los Angeles for more..