Posted March 23, 2005, 9:12A |
Contributed by supermandl
The Tussauds Group, which owns Alton Towers, Chessington, Heide Park and Thorpe Park, as well as other attractions, was sold after six years of ownership to a government backed Dubai private equity group for £800 million.
Read more from The Manchester Evening News.
Not so sure I'm keen on this idea, Tussauds do a good job of running the parks and have invested quite a bit of money in them recently. I hope they don't go down hill like a lot of other parks do when they are taken over.
My understanding is that it was already another investment firm that owned them, so a sale was inevitable. Wasn't that the previous arrangement?