Lego Family & Blackstone Take Merlin Entertainment Public With $7.5 Billion Deal
According to a report by Reuters, Lego's founding family and private equity firm Blackstone are taking Britain's Merlin Entertainment private in an agreed upon deal valuing the Madame Tussauds and Legoland owner at 7.5 billion dollars. The world's second largest operator of visitor attractions after Disney said that the deal would give it greater scope for 'significant, long-term investment' as the Danish toymaker expands into China.