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A new Disney theme park in Anaheim is probably not in the works but an expansion of Disneyland is very likely.

Walt Disney Co. Chairman and Chief Executive Robert Iger dismissed rumors that the company may open a third theme park adjacent to Disneyland and Disney California Adventure.

But in the same breath, he said an expansion of Disneyland is in the works.

“We have plans at Disneyland for an expansion that we have not announced but those plans at the present do not include a third gate,” he told shareholders in San Francisco during the Burbank company’s annual meeting.

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