This excerpt taken from the DIS 10-K filed Dec 2, 2009.
The Disney Stores North America
On April 30, 2008, the Company acquired certain assets of the Disney Stores North America for approximately $64 million in cash from, and terminated its long-term licensing arrangement for the Disney Stores with, The Childrens Place, the former licensee. The Company acquired the inventory, leasehold improvements, and certain fixed assets of, and assumed the leases on 229 stores. The Company conducted the wind-down and closure of an additional 88 stores but did not assume the leases on these stores.
In connection with the acquisition, the Company waived its rights to certain claims against The Childrens Place and in accordance with the applicable accounting guidance recorded an $18 million non-cash gain for the estimated fair value of the claims. The gain is classified in Other income (expense) in the Consolidated Statement of Income.