Posted Wednesday, June 1, 2005 11:53 AM | Contributed by Jeff
Conflicting reports indicate Lego may have reached a deal to sell its theme parks. Possible buyers include the Blackstone Group and Advent International Partners, Dubai International Capital and Britain's Palamon Capital Partners.
Read more from AP via USATODAY and Reuters via CNN.
Wednesday, June 1, 2005 1:35 PM
Interesting...Blackstone certainly doesn't surprise me. I was actually interviewing with a company that provided post-acquisition operational consulting to Blackstone. (The project I was talking with them about was with lodging acquisitions...unfortunately not theme parks.)
Joel*** This post was edited by JZarley 6/1/2005 1:36:08 PM ***
Wednesday, June 1, 2005 1:53 PM
Doesn't Dubai International Capital own Tussaud's as well? That would be a nice fit if they were run by Tussaud's.
Thursday, June 2, 2005 12:25 AM
Coasterfanmatt- they sure do own tussauds.
And i totally agree, they would make a good team.
Be quite a big company then, probably third in rank of number of parks owned after Six flags and Cedar Fair.
Friday, June 3, 2005 10:59 AM
Not counting waterparks, zoos, aquaria or musea...
- Six Flags (21)
- Disney (all) (10)
- Cedar Fair (7)
- Palamon Capital Partners (Star Parks) (7)
- Paramount Parks (6)
- Grévin & Cie. (6)
- Dubai International Capital (Tussaud's) (4)
- Lego (4)
- Universal Studios (4)
- Parques Reunidos (2)
*** This post was edited by Belgian 6/3/2005 11:11:59 AM ***
Friday, June 3, 2005 3:47 PM
Excellent pluralization Belgian! :)
So perhaps they could build a new island in the shape of a lego man. ;)
Friday, June 3, 2005 4:23 PM
Haha...or a 2500ft. high Burj Lego