7 months Madame Tussauds owner Merlin to be bought by Lego family and Blackstone MB |Biz
By Reuters Madame Tussauds owner Merlin said on Friday it had agreed to be acquired by the investment vehicle of Lego’s founding family and private equity firm Blackstone Group LP in a deal valuing the company and its debt at nearly 6 billion pounds ($7.6 billion). The deal to buy Merlin Entertainments, which also operates Legoland theme parks around the world, values Merlin shares at 455 pence each, giving the firm an enterprise value of 5.905 billion pounds. Tourists line up to buy tickets for Madame Tussauds beside a wax figure of soccer player C. Ronaldo in Hong Kong, China ... more